Further detail on reshoring research to come out in Q2 2021: PROS
Earlier in the week, this title wrote about the need for better information to support any reshoring trend in Australia.
Lockheed and Thales muscle in on Australian missile manufacturing opportunity
Two of the world’s largest defence contractors, Lockheed Martin and Thales, have joined forces to compete for the opportunity of building an Australian missile manufacturing facility for the federal government. Defence recently began a smart procurement process to select the group that will develop an Australian Guided Weapons Enterprise under a $1 billion federal government…
CSIRO action and more cash for energy future
The federal government and CSIRO have announced new funding and new initiatives to drive research and investment in future energy systems. Yesterday Prime Minister Scott Morrison announced $540 million for clean hydrogen hubs in regional Australia and carbon capture, storage and utilisation projects and hubs. Today CSIRO revealed it was joining the Global Power System…
Molycop acquires recycling business JLW
Molycop has announced the purchase of JLW Services, a waste management company specialising in hard-to-recycle recyclables such as mattresses and tyres.
One door closes, a vaccine future opens for GSK’s Melbourne pharma plant
By Peter Roberts The announcement that the Victorian government will back a new mRNA vaccine production facility with $50 million has offered new hope to the giant GSK pharmaceutical operation at Boronia in eastern Melbourne which has been slated for closure by the global group. With GSK re-directing its businesses towards biopharmaceuticals it has no…
Manufacturing news briefs – stories you might have missed
Traffic Technologies wins $1.7 million export order Roadway signage and traffic systems company Traffic Technologies has won contracts worth $1.7 million from Quick Turn Circuits to supply its systems to China, Singapore, Chile and Qatar. The company will supply more than 300 of its Urban traffic controllers which feature the intelligent, adaptive traffic control system…
Fibres and composites transforming industry – why clusters matter by Jennifer Conley
@AuManufacturing’s editorial series – fibres and composites transforming industry – looks at how networking and clustering among Australia’s generally SME manufacturers can help build scale in a global sector like advanced materials. Here Jennifer Conley of the Advanced Fibre Cluster Geelong discusses what can be achieved through collaboration.