Rolling stock manufacturer Downer EDI (ASX: DOW) has won a $900 million contract to construct an additional 17 Waratah Series 2 trains as part of the Sydney Growth Trains contract. The double decker suburban trains, manufactured jointly by Downer and China’s CRRC Changchun, adds to orders for 102 trains, the largest single order of rolling…
Leading brick manufacturer Brickworks Building Products (ASX: BKW) has joined forces with robotics company FBR (ASX: FBR) to automate bricklaying operations. The two companies have annouced a memorandum of understanding (MOU) to establish a joint venture, Fastbrick Australia Pty Ltd, to provide ‘Wall as a Service’ (WaaS) services to the construction market. Fastbrick will charge…
Brisbane electric vehicle charger manufacturer, Tritium is preparing to expand in the Americaswith the appointment of a high powered regional president. Tritium, which makes a DC fast charger station, has appointed cleantech leader Jeff Wolfe to the newly created role accelerate market penetration. His appointment will help to navigate a diverse and complex regulatory environment…
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Queensland’s Gilmour Space Technologies has unveiled its latest rocket and named it ‘One Vision’. The nine-metre tall rocket, which will be launched later this month from a private property in far north Queensland, will be carrying payloads from universities in Singapore and Australia. CEO Adam Gilmour said: “One Vision is a scaled version of our…
Canberra-based Electro Optic Systems (ASX: EOS) has joined the list of Australia’s top 40 defence contractors published by the prestigious Australian Defence Magazine. The company, which makes laser systems to track space debris, optical telescopes, and remotely operated weapons (ROW) systems, is the country’s third largest SME defence business. EOS Defence CEO Grant Sanderson told…
By Peter Roberts The banking royal commission has given little hope of change for small business dealings with the banks. Commissioner Hayne did not recommend extending consumer protections to SMEs, though there are avenues open to legislators that might beef up existing protections. Hayne said: “With some exceptions, I generally do not favour altering the…
Perth shipbuilder Austal (ASX: AST) has massively increased its earnings guidance for this financial year. In an announcement to the exchange it dramatically upped sales guidance from $1.3 billion for the year to $ 1.9 billion. @AuManufacturing reported earlier this month that the company was building a major sustainment business for the ships it was…
Analysis by Peter Roberts Blood and vaccine product company CSL (ASX: CSL) is living proof that manufacturing can not only prosper from an Australian base, but can find support among Australian investors. The company along with medical device makers, Cochlear and ResMed, stands alone in an investment landscape that otherwise is patchy in its support…
Australian minerals technology company, Talga Resources (ASX: TLG) is progressing development of its graphene resources with potential end users in Europe and the Asia. The company announced that its December quarter saw intensified R&D activities, deepening alliances and new commercial agreements. Talga managing director, Mark Thompson said test results of several graphene battery products during…
