Manufacturing news briefs – stories you might have missed
Matrix Composites moves to loss in Covid year Underwater systems composite manufacturer Matrix Composites & Engineering has plunged to an EBITDA loss of $4.4 million in FY 21 as disruption from the Covid-19 pandemic slashed sales to $17.6 million compared to the previous year’s $27.4 million. However the company reported final quarter revenue of $6…