Recycling and packaging giant Visy has spent $947 million to buy the Australian and New Zealand glass bottle manufacturing business of global packager, Owens-Illinois Glass. In a major show of confidence in Australian manufacturing, Visy’s owner ad executive chairman Richard Pratt has made one of the country’s largest-ever manufacturing acquisitions – all in the midst…
The Morrison government has announced $2 billion – to be augmented by another $500 million from the states – for a skills package to boost training and job creation.
The new Buy Aussie Now online marketplace has received over 2,000 registrations so far, ahead of an official launch next month.
Advanced composites manufacturer Quickstep Holdings has continued to grow sales during the Covid-19 pandemic according to its results released today for the June quarter. The Sydney defence, aerospace and advanced manufacturing supplier recorded quarterly sales up seven per cent over the previous corresponding period to $24.6 million. Full year sales were up 12 per cent…
Hosico Engineering has been awarded $150,000 under the Defence Global Competitiveness Grants program, which will assist it in serving the global defence aerospace market.
Rare earths producer Lynas Corp has ordered long lead time equipment for a new processing plant it is building at Kalgoorlie, a move forced on the company by troubles at its existing Malaysian processing plant. The Perth company operates a mine and concentration plant at Mt Weld in Western Australia for Neodymium, Praseodymium, Lanthanum, Cerium…