Analysis by Peter Roberts The South Australian capital of Adelaide seems assured of being the host city for the 2026 Commonwealth Games, with manufacturers among the many beneficiaries of this global event. Commonwealth Games Federation president, Louise Martin gave the game away in a little-reported interview on BBC radio this week, according to games insiders.…
No country can have a viable manufacturing sector without a machine tool industry. That machines are the foundation of the sector is a concept well understood in the past, but little appreciated by political or even many business leaders today. @AuManufacturing will host a CEO roundtable at National Manufacturing Week 2019 that explores our machinery…
Major investment by Perth shipbuilder Austal (ASX: ASB) in its Philippines yard is paying off with the delivery of a second large passenger ferry for Taiwan’s Brave Line. The yard, trebled in size since opening in 2011, delivered its second 50 metre high-speed catamaran ferry capable of carrying 550 passengers. At the same time construction…
Australia’s defence industry sector has an odd shape. Medium size companies are rare. We’ve a strong top and a large bottom – but why so hollow in the middle?
Anglo-Australian resources company BHP and French industrial software company Dassault Systemes have announced a “long-term strategic partnership,” aimed at digitalising operations throughout mining.
Gold Coast-headquartered MagniX will supply its magni250 propulsion systems to Eviation Aircraft for a nine-passenger Alice electric airplane that Eviation hopes to be selling in 2022.
The Australian-listed company that brought you the hemp burger remains frustrated in Australia despite being close to its goal of profitability internationally, according to the company. Elixinol Global (ASX: EXL), listed in Australia with a market capitalisation of $632 million but headquartered in the United States, just reported revenue of $11.7 million for the first…
Canberra optics and weapons systems manufacturer, Electro Optic Systems (ASX: EOS) has denied its powerful weapons systems have been deployed in the bloody conflict engulfing Yemen. As reported in @AuManufacturing, EOS was criticised for a $450 million arms sale to the UAE which many believe will end up being used by Saudi Arabia against rebels…
Perth wave energy developer, Carnegie Clean Energy (ASX: CCE) appears to have avoided oblivion after creditors approved a restructuring and recapitalisation plan to save the business. The plan, developed by KordaMentha Restructuring acting as administrators of Carnegie, will see secured creditors swapping debt for equity and the raising of $5 million. Unsecured creditors will likely…
Tyre recycler Green Distillation Technologies, which has developed world-first technology that transforms old tyres into oil, carbon and steel, is pressing ahead with plans for its second plant. The company has received approval for a plant proposed for Toowoomba from the Queensland Department of Environment and Science, adding to their existing facility at Warren, NSW..…
