Manufacturers brace for Tomlinson fallout.

Manufacturers and suppliers are bracing for the fallout from the collapse of engineering firm RCR Tomlinson which has gone into administration. The company went under unable to complete nine solar farms in Queensland, Victoria and Western Australia, despite raising $100 million from investors only three months ago. Tomlinson operates under the brands O’Donnell Griffin, Haden…

Bionic eye breakthrough – next come industry opportunities?

Comment by Peter Roberts. Medical researchers and a private company developing a surgical implant to restore some sight to the blind have passed an important milestone, with the technology’s future commercialisation now in play. Bionic Vision, a consortium of Melbourne research groups, and privately funded Bionic Vision Technologies, have successfully restored ‘a sense of vision’…

Defence awards five companies grants of $12 million.

Defence industry minister, Steve Ciobo has announced five companies will share grants of $12 million to develop innovative technologies. The grants, by the Defence Innovation Hub, will further develop their innovative technologies to support the Australian Defence Force (ADF). Sentient Vision Systems, a small Australian computer vision company, has been awarded a $5.5 million contract…

Defence offers grants of up to $1 million to SMEs.

The federal government has announced a new grants scheme offering up to $1 million for projects that help meet Australia’s defence industrial capability priorities. The government’s Sovereign Industrial Capability Priority Grants scheme aims to build the capacity and resilience of Australian small-to-medium sized business. Grants may be used to fund capital equipment (including specialist software…

BlueScope steel boosts its SE Asian manufacturing network.

BlueScope Steel (ASX: BSL) has purchased new steel coil treatment, galvanising and painting operations to add to its growing presence in South East Asia. The Melbourne company’s Malaysian subsidiary announced it would pay $42 million to buy YKGI Holdings Berhad’s (YKGI) manufacturing facility in Klang, Malaysia. The assets comprise a Push-Pull Pickling Line, Cold Rolling…