Australian plant-based meat manufacturer v2food has announced a series B funding round of $77 million featuring new and existing investors, which it aims to use in completing its Wodonga factory, building its workforce, and launching new products.
By Peter Roberts The federal government has reinvigorated the advisory board helping to implement its Modern Manufacturing Strategy with a new name and a number of high-powered business appointments. The newly named Industry Innovation and Science Australia (IISA) adds industry to the name and purpose of the former body and will continue to be led…
Oil and gas producer Woodside Energy has begun searching for a contractor to design and build a renewable hydrogen power plant in Tasmania, one of two green hydrogen projects it has been pursuing that may lead to bulk export. Global oil and gas sector website Upstream reported Woodside had hosted an expressions of interest briefing…
Textile, clothing and footwear manufacturers remain committed to local manufacturing and retaining jobs in the industry post COVID-19, according to a survey by Ethical Clothing Australia. The survey of 34 Australian textile, clothing and footwear manufacturers was conducted in the lead up to Ethical Clothing Australia Week which runs from 18-24 October. One hundred per…
Diversified engineering company Cimic Group will reap between $1.7 billion and $1.9 billion on completion of the sale of 50 per cent of the world’s largest mining services contractor, Thiess to UK-based fund manager Elliott Advisors. As foreshadowed in @AuManufactzuring the sale frees up capital for Cimic and brings in blue-chip investors managed by Elliott.…
South Australian hi-tech manufacturer Micro-X has announced the first sales of its lightweight x-ray machine designed for use by military in rugged conditions.
Solar PV rooftop mountings manufacturer Solpod Pty Ltd has signed has signed an OEM agreement with German-based Schletter to onshore production of its innovative redeployable rooftop system for large-scale commercial solar installations. Known in the market as the Solpod Mini, the company is manufacturing the system in its Dandenong, Melbourne plant, with sales to customers…
@AuManufacturing’s latest editorial series, Robotics adoption matters, begins today. In the first article, Dr Cori Stewart, CEO of series sponsor Advanced Robotics for Manufacturing (ARM) Hub, outlines the purpose of this new independent not-for-profit company that assembles expert teams and resources to help manufacturers digitally transform.
University of Southern Queensland has emerged as a national leader in composites research, with an explicit focus on real-world, industry-based problems. Brent Balinski spoke to the university’s Centre for Future Materials founding director Professor Peter Schubel about some of its recent work, and why it makes sense to work together rather than compete.
Iconic Australian bootmaker R.M. Williams has been brought back to Australian ownership with its purchase from a private equity firm by Western Australian iron ore mining couple Andrew and Nicola Forrest. The couple’s Tattarang investment arm bought the firm bought the business for a reported $190 million from the world’s largest consumer-focused private equity firm,…
