Star Combo slips as inbound tourism remains weak Pharmaceutical manufacturer Star Pharma Combo saw a fall in sales in FY22 as its retail revenues through its AustoYou and Koala Mall channels continued to be impacted by the Covid-19 pandemic and low inbound tourism. Star Combo reported total revenue fell by 14 per cent to $22.9…
Aerospace composites manufacturer Quickstep has agreed final terms for a multi-year firm order from Northrop Grumman Corporation for the supply of centre fuselage components for the F-35 joint strike fighter aircraft. The order, worth $151.4 million (US$105 million), is pursuant to the existing memorandum of understanding between the two companies for the supply of components…
A ten-month R&D project nearing completion is about to improve the durability and performance of antiviral coatings for Australian made facemasks and other PPE items, according to those behind it.
The Victorian government has announced $10 million in grants for SMEs to assist them in joining the supply chain for the $1 billion LAND 8116 Self Propelled Howitzer program. According to a statement from the state government on Thursday, the funding would involve grants of up to $100,000 for companies “to improve their capability” through…
While manufacturers are investing to increase legal production of medicinal cannabis products, most Australians are still self-medicating with illicit cannabis, according to a study by the University of Sydney’s Lambert Initiative. The third Cannabis as Medicine Survey (CAMS20) did find, however that numbers accessing prescription products have risen dramatically. The study of 1,600 people using…
The Australian Renewable Energy Agency (ARENA) has announced $838,000 in funding to Hardwick Processors to install a 1 MW (thermal) demonstration scale heat pump at its meat processing plant in Kyneton, Victoria. The heat pump will enable the site to produce enough hot water to operate at levels to improve product shelf life and access…
