2023 - Page 73 of 197 - Australian Manufacturing Forum

Sparc reports benefits from ecosparc graphene coatings

Manufacturing News, TechnologyBy Peter Roberts August 18, 2023

Technology development company Sparc Technologies has reported positive results from thermal-cycling resistance testing of its ecosparc graphene-enriched coatings. The company, which is also developing green hydrogen production technology, reported significant reduction in cracking when utilising ecosparc compared to coatings without the additive. Previously Sparc has reported significant anti-corrosive enhancements over typical coatings. Sparc general manager…

PWR’s investment in expansion pays off

Defence, Manufacturing NewsBy Peter Roberts August 18, 2023

Automotive, aerospace and defence manufacturer PWR Holdings has reported record sales and profits in FY23 as it continued its expansions internationally and into new market segments. The manufacturer of specialist radiators for F1 cars reported EBITDA operating profit up 9.2 percent on the previous year to $39.1 million, on revenue up 17.1 percent to $118.3…

Inghams recovers and recovers sharply rising costs

Manufacturing NewsBy Staff Reporter August 18, 2023

Poultry, food service and food manufacturer Inghams Group has reported a strong profit increase for FY23 on flat volumes as it continues its recovery from supply chain disruptions and sharply rising input costs. The company reported EBITDA of $418.5 million, up 13 percent on the previous year and net profit after tax (NPAT) of $60.4…

HIF selects Technip for planned Tasmanian eFuels plant

Manufacturing NewsBy Staff Reporter August 17, 2023

Porsche-backed electrofuels company HIF Global is progressing its planned 100 million litre per year facility in north-west Tasmania, with the state government announcing HIF had selected Technip Energies to help assess technology options and initiate plant design. In a statement on Thursday, Tasmania’s energy minister Guy Barnett claimed the news as “a further sign” the…

VET numbers on the rise, recover from Covid slump – NCVER

Manufacturing NewsBy Staff Reporter August 17, 2023

The number of students enrolled in nationally recognised vocational education and training (VET) courses increased by 5.1 percent to 4.5 million between 2021 and 202, according to the latest data from the National Centre for Vocational Education Research (NCVER). Most of the increase can be attributed to significant rises in domestic and international fee-for-service subject…

Researchers find sustainability remains important for shoppers, despite cost of living pressures

Manufacturing NewsBy Staff Reporter August 17, 2023

A study from Monash University, the Retail Sustainability Spotlight, has found that 51 per cent of Australian shoppers cited sustainability as an important factor in their retail purchases. According to a statement from the university, despite increases in the cost of living, the research shows shoppers were also increasingly conscious of the role of sustainability…

Freight and supply chain review begins

Manufacturing NewsBy Staff Reporter August 17, 2023

A review of the National Freight and Supply Chain Strategy is underway, led by the federal department of infrastructure in collaboration with industry and state and territory governments. According to a statement from federal infrastructure minister Catherine King on Thursday, the strategy is a “holistic, coordinated and multi-modal approach to increase the safety, productivity and…

Multiple rocket launches set for Arnhem Space Centre

Manufacturing News, TechnologyBy Peter Roberts August 17, 2023

The Arnhem Space Centre (ASC) in the Northern Territory will see a series of orbital space launches following the signing of a multi-year agreement between space facility operator Equatorial Launch Australia (ELA) and Korean aerospace company INNOSPACE. The agreement will see the launch of several INNOSPACE rocket variants each carrying between 50kg and 500kg payloads…

Optiscan completes key milestone

Manufacturing NewsBy Staff Reporter August 17, 2023

Medical imaging technology manufacturer Optiscan Imaging has completed a key milestone in its development of telepathology utilising its imaging systems that visualise biological structures in their natural environment. The company has been working with Canada’s Prolucid Technologies developing a telepathology platform that enables pathologists to undertake virtual biopsy assessments. The project has now passed the…

Codan hit by disruptions in Africa market, exiting Russia

Defence, Manufacturing NewsBy Staff Reporter August 17, 2023

Electronics manufacturer Codan’s FY23 results were buoyed by strong gains in its communications businesses partially offsetting disruptions to its African and exited Russian markets for its Minelab metal detection equipment. The Adelaide company reported full year underlying net profit after tax of $65 million, down 35 percent from the previous year, on group revenue down…

Yearly Archives: 2023