400,000 Toyota vehicles to be recalled in Saudi over acceleration problems
The Kingdom of Saudi Arabia has announced the recall of over 400,000 Toyota cars due to alleged problems with unintended acceleration.
According to a statement...
Australia’s Pierlite to open manufacturing plant in Pakistan
Australian company Pierlite, a manufacturer and distributor of architectural, industrial, and commercial lighting systems, will build a state-of-the-art manufacturing plant in Karachi, Pakistan.
The move...
Austal delivery of commercial ferry is a significant achievement for the Philippines
Australian shipbuilder Austal has announced the delivery of the 80-metre commercial vehicle-passenger catamaran to SNC Aremiti Ferry, months ahead of its scheduled release in...
World’s biggest steelmakers jointly acquire German steel plant in the US
Global steelmaking giants Nippon Steel Sumitomo Metal and ArcelorMittal will jointly acquire an automotive steel sheet manufacturing plant from ThyssenKrupp, aiming to more than...
Apple completes the purchase of Israeli 3D chip developer PrimeSense
Apple Inc has announced the acquisition of Israel-based PrimeSense Ltd, developer of a motion-tracking chip technology that enables three-dimensional machine vision, reports Reuters.
The purchase...
Amcor Flexibles introduces next generation of packaging solution
Amcor Flexibles has introduced a new packaging solution for “bag-in box” foods designed to meet the growing focus on food protection, environmental awareness and...
JLL Partners and Royal DSM join forces to conquer pharmaceutical industry
JLL Partners (“JLL”) and Royal DSM have announced the creation of a new company by merging DSM’s business group DSM Pharmaceutical Products (“DPP”) with...
Amcor announces sponsorship of America Recycles Day 2013
Amcor Rigid Plastics, the world’s leading manufacturer of plastic packaging, has announced its participation as a national sponsor of America Recycles Day 2013, which...
Bosch and Carrier form JV to manufacture geothermal and water-source heat pumps
Robert Bosch North America Corporation and Carrier have signed an agreement to form a joint venture (JV) to develop and manufacture geothermal and water-source...
Global manufacturing rises in October according to latest PMI
The latest Global Manufacturing Purchasing Managers’ Index from JPMorgan showed an increase in industry activity as it hits 52.1 points in October, up from...
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Unlock global potential with Bank of Sydney’s trade finance solutions
In an increasingly globalised economy, Australian manufacturers face the dual challenge of managing complex international supply chains while seizing opportunities for global expansion. Trade finance, a crucial financial tool, can help businesses mitigate risks, improve cash flow, and facilitate cross-border trade with confidence.
