NMW and Austech chart a revival in Australian machine tool manufacturing

Analysis by Peter Roberts No country can hope to have a sustainable manufacturing sector without the ability to make its own industrial machines, and Australia is no exception. Australia’s premier manufacturing and machine tools exhibitions kicked off in Melbourne today, demonstrating renewed vitality in Australian made equipment. Austech, the leading advanced manufacturing and machine tool…

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WA manufacturer’s stunning 377 per cent share price rise

Shares in nerve growth therapy developer Orthocell (ASX: OCC) have surged 377 per cent on positive news from clinical trials of its CelGro tissue repair device. The company, which developed and manufactures CelGro at its internationally-approved facility in Perth, passed a critical trial with patients with damaged nerves. The first four patients to receive surgery…

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