Brick sales in the eastern states have slumped following Covid-lockdowns of construction, forcing Brickworks to curtail production at kilns in New South Wales and a plant in Brisbane. The building products group said restrictions were having a significant impact on operations with brick despatches slumping 80 per cent during a NSW government pause in the…
By Peter Roberts When Nova Systems strategy head Rebecca Humble stood up at a Defence Teaming Centre breakfast in Adelaide early this year, she was angry. I was one of the panellists along with executives from two foreign-owned multi-nationals discussing the state of industry, but what really got up Bec’s goat was what she saw…
v2food raises $72 million for expansion Plant protein company v2food will continue its rapid expansion with the raising of a further $72 million in capital, giving the company a valuation of $500 million. The company, which supplies plant-based burgers to Hungry Jacks, raised the funds from a group led by European venture fund Astanor. v2food,…
Sleep disorder company ResMed has announced rising profits and revenues during a pandemic year where its ventilators were called upon to treat Covid-19 sufferers. The US-Australian company announced a 12 per cent rise in operating profit for the year to June 30, on revenues up eight per cent to $4.3 billion (US$3.2 billion). The final…
Space transportation provider Space Machines Company (SMC) and CSIRO are partnering to test Australian flexible solar cell technology in space. CSIRO will test its next generation solar cells on SMC’s spacecraft Optimus-1 to be launched next year by Gilmour Space Technologies – a first for CSIRO’s printable solar cells. CSIRO’s Dr Mei Gao said: “We…
Perth international shipbuilder Austal has announced new defence contracts in the United States and a move into the guided weapons space, joining other Australian companies in the Australian Missile Corporation AMC) consortium. The company said it would join other Australian businesses which have responded to the federal government’s call for expressions of interest in establishing…
Industrial technology group Environmental Clean Technologies has received a rotary kiln (pictured), a key component of its Coldrey technology small-scale commercial demonstration plant at Baccus Marsh in Victoria. The kiln, manufactured in Western Australia, was transported 3,600 kilometres to the site where it forms the heart of the process to dry lignite coal without CO2…
By Denham Sandler Labor is ramping up its efforts to force the release of a secret report on the Industry Growth Centres that the federal government has been sitting on for more than eight months. The industry department paid consultancy firm ACIL Allen nearly $500,000 to conduct an “initial impact evaluation” of the government-funded industry…
Our editorial series Marketing for manufacturers looks at a marketing success story – BlueScope steel’s Colorbond. We talk to Antony Schillaci (pictured below), Group Marketing Manager. @AuManufacturing: Colorbond is one of the great success stories of manufacturing marketing. Colorbond is widely seen to be a luxury, high-end product associated with excellent architecture in Australia, whereas…
The federal government today announced more than $8 million in support to 11 Australian businesses through the latest round of Sovereign Industrial Capability Priority (SICP) grants. Minister for defence industry Melissa Price said: “These grant recipients are making crucial investments to improve their manufacturing capabilities, which is supporting Australia’s sovereign industrial base.” The grants are…