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Monthly Archives: April 2019

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Bubs products to be sold in Chemist Warehouse

Manufacturing NewsBy Peter RobertsApril 22, 20191 Comment

Listed goat’s milk infant formula and organic baby food producer, Bubs Australia (ASX: BUB) has entered into a four year partnership with the Chemist Warehouse retail group. The partnership will see Bubs products sold in Australia and New Zealand through 450 pharmacies, with the retailer progressively taking a strategic shareholding in the group, and aiding…

Liberty to integrate steel, mining and engineering, become “global champion”

Manufacturing NewsBy Staff ReporterApril 19, 20191 Comment

GFG Alliance, which owns the Whyalla steelworks in South Australia, has announced plans to integrate its Liberty global steel, mining and engineering businesses.

Quickstep reports strong sales on defence, aviation composites

Manufacturing NewsBy Peter RobertsApril 19, 20192 Comments

Sydney based composites manufacturer, Quickstep Holdings (ASX: QHL) has reported another strong quarter of growth, with year to date sales now up 19 per cent on the same period last year. The manufacturer of aerospace and aviation composites reported third quarter sales up 13 per cent to $16.5 million, bringing sales so far this year…

Forbes names Cook Medical among best employers

Manufacturing NewsBy Peter RobertsApril 19, 2019Leave a comment

The global Cook Medical Group, which runs its Asian businesses from a Brisbane base, has been named by Forbes magazine as one of America’s best large employers. The company, which makes endovascular stent-grafts and IVF equipment such as micro-needles in Brisbane, has been honoured by the magazine for the second year in a row. Nicky…

Australia’s $8 billion IoT market

Manufacturing NewsBy Peter RobertsApril 19, 20192 Comments

By Stuart Corner US based TechSci Research has published an assessment of the Australian IoT market, broken down by platform, component, application and competition and with an assessment of the outlook and opportunities to 2024. TechSci Research says the Australian IoT market was worth $7.9b in 2018 and it projects the market to grow at…

PM announces post-election $30 million defence R&D boost for Launceston

Manufacturing NewsBy Staff ReporterApril 18, 2019Leave a comment

The federal government has announced $30 million in funding for a “Phase One” investment in a Defence Innovation and Design Precinct in Launceston, supporting defence industry R&D.

Effective leaders lead by example and deliver on their promises

Analysis and Commentary, Manufacturing NewsBy Staff ReporterApril 18, 2019Leave a comment

Effective leaders lead by example and are true to their commitments. They deliver on their promises, and then and only then can they and do they expect everyone else around them to do the same.

AGL to build SA pumped hydro electricity storage

Manufacturing NewsBy Peter RobertsApril 18, 2019Leave a comment

Energy provider AGL (ASX: AGL) has secured the rights to develop and operate a massive 250-megawatt pumped hydro energy storage project at a former copper mine in the Adelaide Hills. AGL reported the project, part of South Australia’s planned move from today’s 50 per cent to 100 per cent renewable power, was at Hillgrove Resources…

Billion dollar battery factory closer to reality

Manufacturing NewsBy Peter RobertsApril 18, 2019Leave a comment

Magnis Energy Technologies (ASX: MNS) has reported positive progress by Imperium3 Townsville (iM3 TSV) developing a business case for a $2 billion lithium-ion battery cell gigafactory in Townsville. Magnis is one third owner of Imperium which said findings supported the radid development in both the business case and technical solution for a 12 GWh production…

DuluxGroup likely to be acquired by Nippon Paint Holdings for $3.8 billion 

Manufacturing NewsBy Staff ReporterApril 17, 2019Leave a comment

The board of DuluxGroup (ASX:DLX) has unanimously recommended shareholders accept an acquisition proposal by Japan’s Nippon Paint Holdings at $9.80 a share, 28 per cent higher than yesterday’s closing price. 

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