ASX-listed beauty products manufacturer BWX launched a $50 million capital raising yesterday, which will support efforts including a new $33.7 million site which will allow them to triple manufacturing capacity.
Recce Pharmaceuticals will trial its anti-infective agents RECCE 327 and RECCE 529 against SARS- CoV-2. The company has teamed with North Carolina’s Path BioAnalytics to trial its broad-spectrum synthetic antibiotics which the company is commercialising to defeat resistant superbugs, Researchers at PBA will evaluate the company’s drug candidates in an ‘ex vivo respiratory organoid model…
Brisbane electronics manufacturer Elexon Electronics has opened a new state of the art ‘intelligent factory’ to help it enter new markets in defence and aerospace. State government politicians including manufacturing minister Glenn Butcher (pictured, at right) launched our the new facility along with CEO Frank Faller (left). The government supported the investment in automated surface-mount…
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…
The Bridge Hub Water Challenge 2020 is open to researchers, startups and students looking to commercialise water-saving ideas.
