By Joseph Brookes The Queensland government has announced a $2 billion renewables and hydrogen fund, quadrupling its previous clean energy commitment in a bid to attract more industries to the state and create jobs as part of the Covid-19 recovery. The boost comes as the Queensland Labor government begins work on its own 10-year energy…
Three far north Queensland businesses have been awarded a total of $930,000 in grants through the state government’s Manufacturing Hubs Grant Program. The funding will help create a claimed 142 new jobs at the three companies, which produce cleaning chemicals, high-tech signage, and steel products. Northern Chemicals was awarded $127,590 for a new 2000-litre ribbon…
The Innovative Manufacturing CRC is inviting applications for its Activate program, which offers grants between $50,000 and $150,000 to support SME projects running between six and 12 months.
A Victorian gold mine and a regionally based mining equipment manufacturer have collaborated to develop sophisticated technologies to automate gold processing plants. Since 2018 Stawell Gold Mine and Gekko Systems of Ballarat have installed new equipment and developed new processes to optimise processing. SGM, owned by private equity group Arete Capital Partners, first installed a…
Probiotec grows as suppliers onshore production Pharmaceutical manufacturer and packing company company Probiotec has increased its sales and earnings guidance for FY21 following its acquisition of packing business Multipack-LJM and interest from customers in onshoring their production. The company expects to make an underlying operating profit (EBITDA) up 75 per cent to more than $29…
