Maggie Beer drives Longtable sales Sales of Maggie Beer premium foods are accelerating as the company beds down its role as a cornerstone of the Longtable food group. Maggie Beer sales were up 37 per cent in 2020 over the previous year, while final quarter sales were up 220 per cent on the previous corresponding…
Perth international shipbuilder Austal has begun building its largest-ever catamaran passenger ferry at its Cebu, Philippines shipyard. Although three metres shorter at 115 metres than the longest-ever catamaran ferry built by Austal, the new Auto Express 115 to be christened Express 5 will be the largest-ever by volume. An aluminium plate cutting ceremony was held…
Waste treatment technology SciDev has extended its involvement in the Melbourne Metro Tunnel Project works package and is expanding its Kings Park production facility to meet demand. The Perth company’s agreement with the CYP Design and Construction joint venture will now include its MaxiDry chemistry and Optiflox technology. The products will be used in the…
Major premium and commercial wine exporter Treasury Wine Estates has confirmed a likely 21 per cent fall in earnings for the 2020 financial year following trading upset by the impact of the Covid-19 pandemic and a poor harvest. The maker of Penfolds, Grant Burge and Lindemans wines among a host of others told investors that…
Composites group XTEK has received a purchase order from the Australian Defence Force (ADF) for the supply of additional AeroVironment WASP AE Small Unmanned Aerial Systems (SUAS). The order, worth $2.8 million, is in addition to the ongoing SUAS supply contract to the ADF. The AeroVironment craft provides real-time video and thermal data, covering a…
By Stuart Corner Australian dairy products manufacturer, Bega Cheese will deploy Cumulocity, Software AG’s IoT platform, to build an IoT service linking supplier farms, milk transport storage and processing facilities, in conjunction with Swinburne University of Technology. The system will provide real time data on milk production at farmer suppliers including volumes, temperature, quality composition,…
The New Zealand Army is to purchase Bushmaster armoured vehicles developed and manufactured by French Thales Group in Bendigo. Thales will supply 43 Bushmasters in a deal worth $75 million. Bushmaster is a heavy 11-tonne, 4×4 protected vehicle with a 4-tonne payload and a V-hull design which deflects explosions away from the passenger cabin. The…
Biotechnology giant CSL has stepped up the fight against Covid-19 with the announcement it has begun trials to evaluate its monoclonal antibody CSL312 for respiratory distress. The company’s CSL Behring arm has begin phase II placebo-controlled studies on the safety and efficacy of the garadacimab, Factor XIIa antagonist monoclonal antibody for patients with Covid-19 related…
Comment by Peter Roberts Rio Tinto will close New Zealand’s largest aluminium smelter operated by New Zealand Aluminium Smelters (pictured) in what should be a stark warning to the Coalition dithering on energy policy. A strategic review of the smelter which produces 335,290 tonnes of ultrahigh purity aluminium from Australian bauxite found the business is…
Sydney premium vitamin manufacturer Blackmores has found strong investor support for its capital raising with a share purchase plan closing significantly over-subscribed. The company had beem planning to raise $25 million but received applications from existing shareholders for new shares worth $77 million. The company decided to scale back allocations to individual investors on a…
