Industrial and healthcare glove manufacturer Ansell offered shareholders their 16th year of continuous dividend growth after the six months ending 31 December provided evidence of solid, but subdued growth. Ebit for the first half was up 4.8 per cent to $137.2 million (US$91.8 million) on sales up 3.9 per cent to $1.13 billion allowing the…
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Chemicals and explosives group Orica will take the lead in the Latin American explosives market buying Exsa, Peru’s leading manufacturer and distributor of industrial explosives. Orica will pay $302 million to penetrate the region’s fastest growing market and create a step-change in the company’s manufacturing footprint. As part of the deal Orica will integrate into…
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A beverage maker, packaging group and waste management company will jointly develop a plastic pelletising plant in Albury/Wodonga to close the loop and contribute to a circular economy. Pact Holdings, Cleanaway Waste Management and Asahi Beverages plan a facility to process up to 28,000 tonnes of plastic bottles and recyclables into flake and food grade…
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Additive manufacturing technology business AML3D is pushing ahead with its plan to list on the ASX next month and raise $9 million to fund its expansion in Australia and overseas.
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Jack Fahey, La Trobe University General Motors has announced the Holden brand will be “retired” in 2021. This week’s announcement has been a long time coming. The Holden brand has been in a state of terminal decline since General Motors ceased local manufacturing in October 2017. A once-dominant presence in the everyday life of Australians,…
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A $2.9 million project led by ASC Shipbuilding will develop “cutting-edge manufacturing technologies” for use on the Future Frigates program.
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The SmartSat Cooperative Research Centre based in South Australia today announced some of the first projects for the group that brings together more than 100 national and international partners in a $245 million research initiative.
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Robert Bosch Australia has begun construction of a new $17 million Melbourne plant to house its Bosch Manufacturing Solutions operation which advises manufacturers on automation strategy and builds automation equipment and special purpose machines The company announced today that the first sod had been turned on the construction which will also house the company’s Rexroth…
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Hearing implant manufacturer Cochlear today reported strong growth in both implant numbers and sales revenues in the first half of the financial year which did not translate into profit growth, despite a boost from revaluing its portfolio of innovation investments. The Sydney company reported the number of Cochlear implants sold was up 13 per cent…
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Composites company XTEK (ASX:XTE) has officially opened its new Adelaide manufacturing facility on Tuesday, enabling commercial quantities of ballistics equipment to be produced for local and international markets.
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