Canadian conglomerate BRP has completed the purchase of 80 per cent of the outstanding shares in leading Australian aluminium leisure craft and trailer builder, Telwater Pty Ltd. The successful conclusion of the takeover was announced yesterday at the Sydney International Boat Show. BRP Marine owns the Evinrude, Alumacraft and Manitou brands, but Telwater is considered…
Steel industry titan Sanjeev Gupta has followed through with his billion dollar renewables promise with three massive projects coming to reality around Whyalla, in South Australia. The owner of Liberty steel is forging ahead with a $600 million upgrade to the Whyalla steel works that will boost output to 1.8 million tonnes a year, as…
The South Australian Government’s plan to create the world’s biggest virtual power plant (VPP) using solar PV and Tesla batteries has reached a milestone with 1,100 homes connected. The government plans to connect 50,000 homes together which would act as a single generating unit, cutting energy rices, increasing grid stability and contributing to its goal…
A decision by the Federal Court has broadened the scope of the federal government’s tax concession scheme for R&D according to observers. The decision in the case of Moreton Resources v Innovation and Science Australia has opened the concession up to non-laboratory based claimants and mining companies, according to accounting group BDO. BDO partner Nicola…
Explosives and mine technology group Orica (ASX: ORI) has announced that its 2017 purchase of the GroundProbe business has exceeded expectations with the new division considered a growth engine for the company. GroundProbe, which makes laser and radar monitoring and measurement systems, cost Orica $205 million to buy but has exceeded the company’s original business…
Diversified Perth engineering and construction firm WestStar Industrial (ASX: WSI) has seen a surge in business on the back of strong activity in the WA mining sector. The company announced its largest-ever quarterly sales for the final quarter of 2018-19, with $17.8 million in cash receipts. Its’ SIMPEC division won a $10 million contract during…
A Perth based electrical contracting firm has enjoyed a spectacular increase in sales and productivity, thanks to a shift in business strategy to local manufacturing.
A CSIRO assessment of whole-of-life greenhouse gas emissions associated with the Queensland coal seam gas (CSG) to liquefied natural gas industry (LNG) has identified major greenhouse gas reduction opportunities for electricity generation. The report into gals and electricity production from the Suart Basin found that switching from black coal to Suart CSG for fuel offered…
By Stuart Corner of IotAustralia Australian IoT platform developer Reekoh has added a number of data integration tools that it says will deliver considerable benefits to its enterprise customers. They are Reekoh Bionic automation tools and Outpost for the IoT Edge. The automation tools include IoT device simulators for hardware-less IoT solution development, and a…
Fast-growing infant formula exporter Bubs Australia (ASX: BUB) has recorded greater sales in the final quarter of the year than it did in the whole of 2018. The producer of formula, organic baby food, and goat dairy products announced sales of $18.46 million in the quarter and $51.3 million for the full year. Bubs CEO…
