Sydney based composites manufacturer, Quickstep Holdings (ASX: QHL) has reported another strong quarter of growth, with year to date sales now up 19 per cent on the same period last year. The manufacturer of aerospace and aviation composites reported third quarter sales up 13 per cent to $16.5 million, bringing sales so far this year…
The global Cook Medical Group, which runs its Asian businesses from a Brisbane base, has been named by Forbes magazine as one of America’s best large employers. The company, which makes endovascular stent-grafts and IVF equipment such as micro-needles in Brisbane, has been honoured by the magazine for the second year in a row. Nicky…
By Stuart Corner US based TechSci Research has published an assessment of the Australian IoT market, broken down by platform, component, application and competition and with an assessment of the outlook and opportunities to 2024. TechSci Research says the Australian IoT market was worth $7.9b in 2018 and it projects the market to grow at…
Energy provider AGL (ASX: AGL) has secured the rights to develop and operate a massive 250-megawatt pumped hydro energy storage project at a former copper mine in the Adelaide Hills. AGL reported the project, part of South Australia’s planned move from today’s 50 per cent to 100 per cent renewable power, was at Hillgrove Resources…
Magnis Energy Technologies (ASX: MNS) has reported positive progress by Imperium3 Townsville (iM3 TSV) developing a business case for a $2 billion lithium-ion battery cell gigafactory in Townsville. Magnis is one third owner of Imperium which said findings supported the radid development in both the business case and technical solution for a 12 GWh production…
Supplier of Australian food products to China, The Food Revolution Group (ASX: FOD) has inked a distribution deal which will net $8 million in sales in the next year. The company has signed a memorandum of understanding (MoU) with international cross-border e-commerce platform, ICC Global to supply its Australian juices and processed products such as…
Building products manufacturer CSR (ASX: CSR) has secured the first domestic gas supply deal from Queensland’s new Project Atlas natural gas development. The contract, with Atlas’ developer Senex Energy (ASX: SXY), will secure 260 jobs and production at three CSR factories making PGH bricks, Gyprock plasterboard and Bradford insulation. Under the initial three year agreement,…
Global explosives, chemicals and fertiliser manufacturer, Orica (ASX: ORI) has further developed its world-leading digital BlastIQ mine blasting system. Orica Global Digital Product Manager, Angelo Labriola outlined numerous updates to the system, which automates the complex sequential blasting of ore bodies to maximise mine processing productivity. Labriola said: “Inspired by our customers’ feedback, the latest…
The Advanced Manufacturing Growth Centre and Brisbane manufacturer, Movus have teamed up to get 50 SME’s started on their journey of digital transformation. Movus will provide a 50% subsidy for 12 months on the cost of the starter kit for their Industrial internet of things (IIoT) FitMachine The FitMachine is a ‘fitbit’ for machines such…
Comment by Peter Roberts No-one expects the coming federal election to be decided on the fundamental challenges facing Australia’s economy and manufacturing sector. But there are signs of a more progressive attitude towards industry policy and some understanding of the massive changes being wrought by innovation in product and production processes. To my mind, one…