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Daily Archives: August 16, 2019

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Services drive Cochlear profits in competitive implant market

Manufacturing NewsBy Peter RobertsAugust 16, 2019Leave a comment

Services are increasingly driving profit growth for bionic ear manufacturer Cochlear (ASX: COH) in an increasingly competitive medical device market. The Sydney company sold 34,083 hearing implants in the year, down three per cent, as competitor new product launches in the United States and Germany hit sales. However sales are growing again with the launch…

Port Macquarie’s Birdon wins big in US defence market

Features, Manufacturing NewsBy Peter RobertsAugust 16, 2019Leave a comment

Port Macquarie boat manufacturer and maritime engineering firm Birdon has won more than $700 million worth of new contracts in three months, including two contract wins in the United States.

South Australian companies lead defence industry innovation boost

Manufacturing NewsBy EditorAugust 16, 20191 Comment

By Jim Plouffe Defence industry SMEs from South Australia have won more than $8 million in contracts to provide the Australian Defence Force with a capability edge. Of the 15 contracts valued at more than $28 million awarded to Australian small businesses developing cutting-edge defence technologies, four are based in South Australia. Australian Minister for…

NSW government, GE Additive sign MoU on new 3D printing centre at Western Sydney Aerotropolis

Manufacturing NewsBy EditorAugust 16, 2019Leave a comment

The NSW government and GE Additive have signed an MoU to develop a 3D printing centre at the Western Sydney Aerotropolis.

Cleanaway gains as recycling crisis continues

Features, Manufacturing NewsBy Peter RobertsAugust 16, 2019Leave a comment

Waste management and recycling company Cleanaway (ASX: CWY) has released a strong result for the 2019 financial year, with revenue and EBIT both up by more than 34 per cent. The company which has been expanding at a time when Australia faces a rising recycling task, reported EBIT of $217.6 million, up 45.7 per cent,…

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