Berendsen Fluid Power and H.H Machine Tools Australia (H&H) will partner with two international companies to deliver and sustain major presses and mlling machines for the Attak Class sumarines. The two local companies will supply the Medium Capacity Press, High Capacity Press and Large Capacity Milling Machines (LCMM). The contracts are worth $20 million to…
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Carbon Revolution on the ASX One-piece carbon fibre wheel manufacturer Carbon Revolution (ASX:CBR) made its much-anticipated listing on the Australian share market on Friday. Carbon Revolution employs 346 and is based at Deakin University’s Waurn Ponds campus. It was founded by a group of Deakin engineering students in 2007, and makes wheels for Ferrari, Ford…
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It’s the beginning of December, meaning it’s time for news websites and others to look back and make sense of the year that’s nearly through, or to speculate about the one coming up. We have the same access to a functioning crystal ball as anybody else, but will take a punt on four developments for 2020.
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South Australia’s Inovor technologies will supply the defence department with a satellite bus that will be used to house equipment in space for the Buccaneer Main Mission. Inovor, which provides turnkey nanosatellite solutions for clients using its Apogee nanosatellite bus (pictured), will supply the equipment under a $2.5 million contract. The company beat out international…
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High-speed welding technology developer K-TIG (ASX: KTG) has signed its first South East Asian customer for its welding as a service (Waas) licensing model. Singapore’s Steel-Ti Precision Welding will build a new manufacturing facility in Singapore to be completed in 2020. This will build high value tanks and vessels for oil & gas, aviation and…
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The last Australian Performance of Manufacturing Index released in 2019 saw the result fall 3.5 points to 48.1, one of only three sub-50 results since 2015.
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Analysis by Peter Roberts One of the most innovative renewables projects planned anywhere globally has got a second lease of life with energy storage company 1414 Degrees (ASX: 14D) purchasing Solar Reserve Australia for a nominal price. For $2 million 1414 Degrees will take control of the company’s Aurora Solar Energy Project at Port Augusta…
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Perth materials technology group FYI Resources (ASX: FYI) is completing a definitive feasibility study for the development of a high purity alumina plant to feed global battery industries. The company is planning a $238 million plant to produce 8,000 tonnes per annum of HPA over 25 years based on its Cadoux, WA kaolin resource. HPA…
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By Stuart Corner of IoT Australia Deloitte Australia has teamed up with California based IoT startup ioTium to exploit opportunities in industrial IoT. The two say they will jointly deliver the foundational infrastructure to support technology implementation and services that enable end-to-end secure digitisation of industrial IoT (IIoT) platforms for Australian organisations in healthcare, energy,…
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Maggie Beer Products are emerging as the star of multi-brand premium food group Longtable (ASX: LON) whose results continue to be held back by other brands in the business. Now in its first full year of ownership, Beer’s iconic Barossa Valley fine foods are continuing their turnaround following 2019 when they cut fixed and overhead…
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