Tag: MG
FBR Limited to manufacture Hadrian X robots for US market
Australian robotics technology company FBR Limited has signed an agreement with U.K.-based shareholder M&G Investment Management to purchase 277 million fully paid ordinary shares in FBR for a total of AUD 9.14 million for the production and commercial deployment of three more next-generation Hadrian X robots intended for accelerated use in the USA.
MG sells its Edith Creek facility to Dutch Mill
Murray Goulburn (MG) has reached an agreement to sell its Edith Creek facility in Tasmania to Dutch Mill Australia, a local subsidiary of Thailand’s...
Saputo to acquire Murray Goulburn for A$1.3bn
Canadian dairy giant Saputo has struck an agreement to purchase Australia’s biggest diary processor, Murray Goulburn (MG) for A$1.3 billion.
MG, which produces a full...
Murray Goulburn to close three manufacturing facilities in Australia, hundreds of jobs to go
Murray Goulburn (MG) announced that it will close its manufacturing facilities at Edith Creek, Rochester and Kiewa over the next two years, resulting in...
MG reports rise in first half profits despite challenging conditions
Murray Goulburn (MG) has enjoyed a positive first half of 2016 despite feeling the effects of low global commodity prices and the oversupply of...
MG loses $108m Woolworth deal
Murray Goulburn (MG) announced that Woolworths has selected a new supplier to manufacture and pack a range of its private label products including cheese,...
MG appoints interim Chief Financial Officer
Murray Goulburn (MG) has announced the appointment of Alan Tilley to the position of interim Chief Financial Officer, effective Tuesday, 14 June 2016.
Mr Tilley,...
Murray Goulburn to undergo management changes as Managing Director and CFO step down
Murray Goulburn (MG) has announced that Mr Gary Helou will step down from his role as Managing Director after both parties agreed that the...
Murray Goulburn set to divest from food testing business DTS
Murray Goulburn (MG), Australia’s largest dairy foods company, has agreed to sell its 25.26% stake in food testing business, Dairy Technical Services Limited (DTS), to...
Murray Goulburn pens long-term supply agreement with Indonesia’s Kalbe Nutritionals
Murray Goulburn (MG) has secured a long-term nutritionals supply agreement with Indonesia’s leading consumer health and infant nutrition company, Kalbe Nutritionals.
MG Managing Director Gary...
Featured Article
Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
