EV bus maker raises $110 million, to establish NSW factory

Electric vehicle manufacturer Nexport Mobility Group will build a large-scale vehicle manufacturing plant in Moss Vale following today’s announcement by investment group TrueGreen Impact Group which has raised $110 million for the project. Tor Investment Management provided the new funding. As foreshadowed in @AuManufacturing on Monday, Nexport plans to make e-buses utilising technology from China’s…

Grey Innovation calls for investors in new venture fund

Commercialisation business Grey Innovation has announced an Early Stage Venture Capital Limited Partnership (ESVCLP) fund. Grey Innovation Ventures was “decreasing the traditional risk” involved in the ESVCLP model and “by investing in sophisticated start-up companies. With first market access to Grey Innovation Group’s suite of companies in, or approaching early revenue stage, the risk is…

Spee3D achieves another US export

SPEE3D has achieved another export, with Colorado’s Elementum 3D acquiring a WarpSpee3D printer made by the Australian company. Elementum 3D is an additive manufacturing R&D firm, described as specialising in “the creation of advanced metals, composites, and ceramics” with customers including in defence, mining, oil and gas, aerospace and automotive sectors. SPEE3D makes robotically-controlled printers…

Maryborough munitions plant construction complete

Construction is complete after 15 months on the new Rheinmetall NIOA Munitions artillery shell forging plant at Maryborough in Queensland. The factory will use state-of-the-art equipment, including a 1200-tonne hot forging press, to produce the world’s most technically advanced 155mm calibre projectiles for Australia and export markets. BADGE Constructions led the building phase for the…

Marketing for manufacturers – how it’s done at Opal Australian Paper

@AuManufacturing’s Marketing for manufacturers series turns today to a manufacturer whose products have become a household name through sustained marketing and innovation. Here Peter Roberts profiles Opal Australian Paper.   Australian shops sometimes seem devoid of genuinely made in Australia brand names, with many famous Australian names such as Kiwi boot polish, Aspro, Sheridan and Speedo…