How Modra Technology is expanding and advancing carpet manufacturing automation with growth capital

Sponsored article For over 30 years, Modra Technology has been developing automation solutions for carpet manufacturers. Based in Warragul, Victoria, this family-owned business supplies machinery to over 200 clients in 35 countries, with a reputation for innovation in carpet sampling and creeling technology. A key driver of Modra’s recent growth has been the CreelMT™ Mobile,…

Green iron production could boost Australia’s economy by up to $295 billion annually: new report

Producing iron using renewable hydrogen is Australia’s best pathway to remain competitive as the global steel industry decarbonises, according to research published by Deloitte and WWF-Australia on Wednesday. The report, titled Forging Futures: Changing the nature of iron and steel production, assessed different approaches for Australia to support steelmaking decarbonisation in the Asia-Pacific region, which…

Australian company develops vaccine ‘patch’ that could replace needles

Brisbane-based biotechnology company Vaxxas published new research on Wednesday showing promising results for its needle-free vaccine delivery technology. The company’s high-density microarray patch (HD-MAP) – a small patch containing thousands of tiny projections coated with vaccine – successfully delivered a DNA-based COVID-19 vaccine in animal testing, according to research published in the science journal Heliyon.…

NSW government releases industry policy, setting manufacturing growth targets up to 2040

The NSW government has released its industry policy, linking three missions: Housing, Net Zero & Energy Transition, and Local Manufacturing, with the latter including what it says are “ambitious” targets around growth in value added and local content in rolling transport stock. According to a statement from trade and industry minister Anoulack Chanthivong on Wednesday,…

Alpha HPA expands supply to the semiconductor sector

Alpha HPA expanded its capability to supply high purity alumina materials to the semiconductor industry, according to a statement released by the company on Tuesday. The company reported recent customer test results and a new Letter of Intent to meet demand from AI-driven data centres and next-generation power electronics. Chemical Mechanical Planarization (CMP) testing confirmed…

Fabricated wood sector tipped to slump 1.4 per cent this financial year

The nation’s $1.7 billion fabricated wood manufacturing industry is expected to return to growth after a decline in revenue of 1.4 per cent in 2024 – 25, though it faces difficulties including plantation tree availability and competition from imports. According to market research firm IBISWorld’s Fabricated Wood Manufacturing in Australia – Market Research Report (2015-2030),…