Canada’s BRP buys local boat builder

Canadian conglomerate BRP has purchased 80 pert cent of the shares in leading Australian aluminium leisure craft and trailer builder, Telwater Pty Ltd. BRP Marine, which owns the Evinrude, Alumacraft and Manitou brands, will increase its global reach by buying Australia’s number one builder of aluminum boats from owner, Paul Phelan. Phelan, Telwater’s managing director,…

Manufacturers deal direct with producers to secure gas supplies

Analysis by Peter Roberts A major trend is developing with big manufacturers by-passing distributors and retailers and dealing direct with gas producers to secure reasonably-priced, long-term access to the key industrial fuel. Queensland gas producer Senex Energy (ASX: SXY) signed an initial deal this week with packaging manufacturer, Orora (ASX: ORA). The two year agreement…

Eden Innovations reports sales growth

Carbon nanotube concrete additive developer, Eden Innovations (ASX: EDE) appears to have made a breakthrough in commercialising its unique technologies, reporting its first significant sales. The company, which developed EdenCrete, a carbon nanotube enriched admixture for concrete, reported sales of $416,000 for the quarter to the end of march, compared to only $19,000 in the…

Reece Pharmaceuticals scales up manufacturing

Synthetic antibiotic developer Recce Pharmaceuticals Ltd (ASX: RCE) has scaled up its Sydney production facility to support its commercialisation activities. The company, which has patented a new class of antibiotics to tackle resistant superbugs, has increased capacity at Macquarie Park in Sydney fivefold to cope with increasing demand. The Company has developed an automated process…

Australia falls again in global broadband speed rankings

If fast broadband is essential to modern business including manufacturing, then you are all better off moving to that technology powerhouse Kazakhstan. The latest Ookla Speedtest Global Index places Australia’s $50 billion National Broadband Network (NBN) as the world’s 62nd fastest fixed broadband, down three places and falling behind the central Asian republic. The latest…