Hearing implant technology company Cochlear has emerged from a Covid-19 slowdown stronger than before, today reporting sales revenue up 10 per cent in FY21 compared to last year and six per cent above pre-Covid levels. Market growth, market share gains and the re-scheduling of surgeries postponed at the height of the pandemic saw implant sales…
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Today @AuManufacturing’s editorial series – the digital path to growth – looks further than IT infrastructure. Here Jayesh Halgekar argues that digitisation is a mindset. Pre COVID-19 many businesses were considering or already enroute to reap the benefits of going digital. The pandemic has fuelled the need for digital transformation, and not just in the…
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Locally manufactured hybrid school buses will soon be on the roads in South Australia with bus manufacturer BusTech beginning delivery of 20 new school buses, including 17 hybrid-electric, to meet increased demands on school bus routes. With a hybrid chassis provided by Scania and the body manufactured by BusTech at its facility in Adelaide, the…
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High speed welding technology manufacturer K-TIG is expanding its United Kingdom footprint through a new distribution agreement with automation supplier Key Plant Automation. Key Plant, which distributes for the company in the United States, will provide additional sales reach into strong growth sectors in the UK, and will soon be complemented by K-TIG’s own UK…
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Aerospace startup Hypersonix has announced a framework agreement with PFi Aerospace, which it says is a significant step towards commercialisation of its scramjet-powered launch offering.
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A new research effort will address the challenges of using wastewater as a feedstock for hydrogen production, which would consume the equivalent of 1.6 million people’s current water use if Australia met the production target in its 2030 National Hydrogen Strategy.
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Perth mining equipment manufacturer Austin Engineering today announced a $6.5 million investment program in its Perth and Batam, Indonesia equipment design and manufacturing facilities. The company, which manufactures mining dump truck bodies, buckets, water tanks, tyre handlers and ancillary equipment, plans to transform its manufacturing facilities through automated processes and systems to deliver significant reductions…
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Premium and commercial wine exporter Treasury Wine Estates is showing signs of emerging from the woes inflicted on the Australian wine industry by punitive import tariffs imposed by China. The company today reported an operating profit of $510 million for the year to June 30 despite profits in mainland China declining by $77.3 million, indicating…
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By Denham Sadler There is a ‘unique opportunity’ in Australia to build an effective patent box scheme but the federal government needs to go much further than its current plan to make it the ‘gold standard’, according to the Australian Investment Council. In the May budget, the government announced plans to launch a limited patent…
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Today @AuManufacturing’s editorial series – the digital path to growth – looks at a case when sharing information widely across a company and with suppliers is not desirable. Here Peter Roberts profiles fast-growing sovereign defence manufacturer Electro Optic Systems. Space, communications and defence manufacturer Electro Optic Systems has come a long way from its roots…
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