Bisllloy banks dividend, furthers relationship with China partner Wear-resistant and armour steel manufacturer Bisalloy Steel Group has banked a $1.1 million dividend payout from its Chinese joint venture partner, Shandong Steel. The companies operate Bisalloy Shangang (Shandong), the second largest premium quench and tempered brand in China for wear and structural steel markets. Bisalloy confirmed…
Wave Swell Energy has successfully deployed its UniWave200 wave energy power generator at King Island, Tasmania. The company’s 200KW wave energy converter has been transported to Grassy Harbour where it will demonstrate the integration of wave energy into the King Island microgrid. With $4 million in funding from the Australian Renewable Energy Agency, the $12.3…
South Australia already the number one wine producing state in the country is making a bid to corner the growing market for locally-made spirits. The state government is developing a South Australian Spirit Industry Blueprint which will help map out future growth of the local industry, supporting production, marketing and value adding. The state has…
A much loved cheese brand name with decidedly racist overtones has been dumped for a new name. Saputo Dairy Australia announced today that it has renamed its venerable Coon brand to the new name of Cheer. The company said the name change came after ‘careful and diligent review to honour the brand-affinity’ felt by consumers…
Dairy manufacturer and specialist China exporter JAT is pressing ahead with the fit-out of its first Chinese retail store in Shanghai. The store, to be branded JAT Maternity & Infant Boutique, was to have opened in March but was delayed by the Covid-19 pandemic. The company said the store fit-out was now underway with opening…
Luerssen Australia and Civmec have begun welding steel for the fourth Arafura class offshore patrol vessel (OPV) they are constructing for the Royal Australian Navy. The first two OPVs are already under construction by ASC at the Osborne naval shipyard in Adelaide, with the remaining 10 OPVs to be built at marine engineer Civmec’s Henderson…
The Victorian government has swung its weight behind Korean company Hanwha Defence’s bid to construct military vehicles in Geelong should it win a major defence contract. The government has signed a Memorandum of Understanding with Hanwha to forge a long-term partnership which will support the establishment of Hanwha’s defence manufacturing operations in Victoria. Hanwha is…
John Blakemore suggests moving the Royal Australian Navy fleet base from Sydney to Newcastle, creating a naval industrial zone to match the existing aerospace zone at Newcastle in New South Wales. The former steel city of Newcastle in New South Wales is to be massively transformed once again. The first major disruption was when the…
Robotic vehicle target manufacturer GaardTech has secured a large export order for its silhouette targets from the British army. The battle group size formation of target tanks, AFVs and anti-aircraft vehicles will be used in a planned on target live fire training event. GaardTech’s steel targets are built as exact replicas of a military force’s…
By Andrew Spence A small forestry town in South Australia has beaten metropolitan Melbourne to be chosen as the site of a hi-tech laminated timber plant. Timberlink will begin construction of the $59 million plant alongside its recently upgraded softwood sawmill at Tarpeena, South Australia next year with completion due in 2023. The company said…