By Peter Roberts An initial evaluation report of the six Industry Growth Centres – which has been considered in secret by the federal industry department for seven months or more – has highlighted inadequate funding and the centres’ inability to change the fortunes of the sectors in which they operate. The key findings of the…
@AuManufacturing’s social media discussion and networking group, the Australian Manufacturing Forum on Linkedin, has passed an important membership milestone. On Sunday we approved 63 new members for the Forum, Australia’s largest social media group of Australian manufacturers, bringing total membership to 8,042. Membership only passed 7,000 in late January, with a record five new members…
Covid-19 hits Cann Group’s outlook Medicinal cannabis manufacturer Cann Group has been hit by Covid-19 interruptions to supply chains, forcing the company to downgrade its earnings outlook for the year. International regulatory timelines for approval have blown out and third-party manufacturing and supply issues have caused temporary delays in shipments to local and export customers.…
By Peter Roberts Defence, space and telecommunications manufacturer Electro Optic Systems was punished by the stockmarket on Friday with the company’s openness at its 2021 annual general meeting greeted by a 34 cent or 8.1 per cent slump in its share price. The company, a rarity as a locally owned defence prime defence contractor selling…
Australian battery electric bus manufacturer Custom Denning has announced that it is now taking orders for its much-anticipated Element electric bus (pictured). Transport for NSW procurement panel approved, and available for delivery from Q3, 2021, the first full production models are currently on the production line at the company’s St Marys, Sydney manufacturing plant. According…
Siemens and Western Australian partner Murray Engineering have unveiled a new light electric vehicle (eLV, pictured) designed and built in Australia. The vehicle was unveiled at the Austmine 2021 conference taking place in Perth, and follows the announcement of a new underground electric charging station for mines last year. The eLV, along with Siemens’ underground…
Australian Made Week comes to a close this weekend. Here @AuManufacturing’s editorial series – Celebrating Australian Made – profiles the company you turn to when you want thermally high performance buildings – Kingspan Insulation. Australia is rightly seen as a laggard globally when it comes to national policy to drive a zero-emissions future. But in…
Hanwha Defense Australia and Rheinmetall Australia have both revealed new partnerships involving Australian SMEs for their competing bids to produce infantry fighting vehicles under for LAND 400 Phase 3. Hanwha announced an expanded partnership with CBG Systems as part of the Redback and Huntsman it is offering under the bid. And Rheinmetall has chosen Cook…
Australian defence, space and telecommunications business Electro Optic Systems is to partner with Diehl Defence to establish a manufacturing line in Germany to serve EU and NATO markets. The company is partnering with the private German defence contractor to establish manufacturing for its stabilised and remotely operated weapon systems (RWS) (pictured) which are sold to…
Electric vehicle fast-charger manufacturer Tritium is to list on the NASDAQ exchange in a bold corporate play that will gross the company $520 million to accelerate growth for the company. The Brisbane company will go public through a merger with Decarbonization Plus Acquisition Corporation II, a special purpose acquisition company based in Menlo Park, California.…
