Cochlear rejects ACCC arguments on proposed takeover

Hearing implant manufacturer Cochlear has rejected competition concerns raised by the Australian Competition and Consumer Commission (ACCC) over its proposed acquisition of Oticon Medical. The ACC said in a statement that the proposed takeover of non-surgical bone conductive hearing device manufacturer Oticon raised ‘preliminary competition concerns’ due to there being few global manufacturers of such…

RM Williams and Waverly Mills launch Australian made picnic blanket

Outback outfitter R.M.Williams has extended its range of Australian made products, launching picnic blankets manufactured by Tasmania’s Waverly Mills. The Adelaide company, which is best known for its locally made boots and leather goods, said: “As part of our ongoing commitment to supporting and nurturing Australian craftsmanship, we’re partnering with leading artisans and creators around…

Electro Optic Systems two US contract wins

Space, communications and defence manufacturer Electro Optic Systems has been awarded two contracts with the United States National Oceanic and Atmospheric Administration’s (NOAA) Office of Space Commerce. The first contract, with the company’s US subsidiary EOS Defense Systems USA, will provide commercial satellite laser ranging (SLR) data for NOAA’s Open Architecture Data Repository, with the…

Vogue Homes to float on recyclable Biax waffle pads

South Western Sydney home builder Vogue Homes has embraced a newly designed and engineered concrete slab foundation system (pictured) from Biax Foundations that are easier to install and more sustainable. The company began using Biax modules (pictured below) to replace waffle pods that support concrete foundations, allowing more accurate specification of concrete quantities, to provide…

Legislation to launch National Reconstruction Fund to be tabled tomorrow

The federal Minister for Industry and Science Ed Husic will introduce legislation to establish the $15 billion National Reconstruction Fund – the centrepiece of the government’s approach to boosting manufacturing – promised during the recent federal election campaign. Husic told the national press club that the legislation would be introduced tomorrow which would set in…