Dandenong glass recycler gets approval to expand
Glass Recycling has been granted a works approval from EPA Victoria to expand its Dandenong South operation, intending to increase processing from 10,000 tonnes to 60,000 tonnes a year.
Orbital grows in transformative year
Unmanned aircraft engine manufacturer Orbital achieved earnings before interest and tax of $2.6 million on revenue up in what was a transformative year for the company to $33.8 million. The Perth company was named primary engine supplier to Boeing subsidiary Insitu during the year and brought its second Insitu engine model into production. A third…
Quickstep’s strong year of growth
Composites manufacturer Quickstep Holdings grew sales, margins and profits in the 2020 financial year as all key production contracts in defence and aerospace achieved growth. The Bankstown, Sydney-based company booked earnings before interest and tax (EBIT) of $4.6 million on sales up 12 per cent for the year to $82.3 million. Sales margins rose 25…
Ai Group calls for net zero emissions policies by 2050
Peak employer body the Australian Industry Group has released a series of policy papers that include a call for Australia to move decisively towards net zero emissions by 2050. AiGroup aligns itself with the states, all of which have zero emissions targets, and against he federal government which is resisting the transition towards renewable energy.…
Australia’s niche champions: Cleaning up with collaboration
Hygiene, cleaning and infection control products firm Whiteley Corporation is next in @AuManufacturing’s Australia’s niche champions series. Cole Latimer speaks to chairman Dr Greg Whiteley about having to stay ahead on the science.
ATSE ‘seriously concerned’ at CRC funding cuts
The Academy of Technology and Engineering (ATSE) has expressed ‘serious concern’ at the Australian government’s decision to limit the scope of Round 10 of the Cooperative Research Centres programme’s CRC-P Grants. Academy president Professor Hugh Bradlow said Canberra should address concerns raised earlier in the week by by ATSE Fellow Dr Tony Peacock who is…
Manufacturing news briefs – materials companies shine in profits results
Bisalloy’s profits up 45 per cent High strength steel manufacturer Bisalloy Steel has grown earnings before interest tax depreciation and amortisation (EBITDA) 45.9 per cent in FY2020 as efficiencies and markets grew. The company reported sales up 12.8 per cent for the year to $110.7 million as domestic sales grew 30 per cent. While its…
ASM produces high purity titanium
Australian Strategic Materials’ (ASM) joint venture partner has produced 20.8 kg of high purity titanium metal, with a purity of 99.83 per cent (pictured). South Korea’s Zirconium Technology Corporation (ZironTech) produced the metal, confirming the energy usage at approximately 30 per cent of the standard titanium industry processes. The company’s metal technology energy usage is…
Austin business back to good times of mineral boom
Mining equipment manufacturer Austin Engineering saw the good times return in the 2020 financial year resulting in a jump in profits. The manufacturer of truck bodies and mining tools reported earnings before interest and tax depreciation and amortisation (EBITDA) up 34 per cent to $19.9 million delivering a net cash flow of $24.1 million. Revenue…