Electric truck drivetrain manufacturer SEA Electric has won a massive order for 100 electric trucks from US company Zeem Solutions. The Melbourne manufacturer will make the SEA-Drive 120a drivetrains locally and have them assembled onto their Hino 195 chassis by Fontaine Modifications for use in California. The drive is an 80kW continuous power system, with…
The Foreign Investment Review Board has informed dairy manufacturer Bellamy’s Australia that it has no objection to the company being sold to a Chinese group. The FIRB green light brings closer the sale of Tasmania based Bellamy’s which has made huge inroads into Chinese infant formula markets with its certified organic, Made in Australia product…
Composite manufacturer Matrix Composites & Engineering (ASX: MCE) has doubled in turnover in a year as investment recovers in its traditional markets and on moves into new product areas. The company reported revenue of $38.2 million in FY2019, up from $19.5 million the year before as oil and gas sector investment recovered, North American sales…
By Peter Roberts Steelmaking has always been the one area where even in the most carbon constrained industrial future imaginable, the world might just need to use Australian coking coal. But now, thanks to an industrial breakthrough of truly massive proportions, the world may be left with very few critically important uses for coal. German…
Industrial and safety glove manufacturer Ansell (ASX: ANN) has responded to concerns about the employment of forced labour in its supply chain. Chairman Glenn Barnes told the company’s annual general meeting the company had conducted an audit and tightened up monitoring in its own and its contractors factories. The rubber goods company also terminated one…
Additive manufacturing company Amaero International (ASX: 3DA) is seeking $8 million from investors to list on the Australian stock exchange and expand its operations. PAC Partners and Jane Morgan Management are roadshowing the Monash University spin-out, previously known as Amaero Engineering, to investors this week along with executives Barrie Finnin and Stuart Douglas. The company…
