An innovative underground electric vehicle that began with a $500,000 R&D grant is headed for testing in Australian mines. Prototypes of the Bortana EV, a battery powered vehicle fitted into a rugged utility vehicle by e-mobility group 3ME Technology, will be delivered to mines across the country this year. The Mets Ignited industry growth centre…
Building products group CSR (ASX: CSR) has reported a modest sales growth and a group profit fall on the back of a weak construction sector and a significant rise in electricity costs which hit its aluminium business. Managing director, Rob Sindel reported building products revenue up one per cent to $1.7 billion and earnings before…
Bulding products group Brickworks (ASX: BKW) and robotics developer FBR (ASX: FBR) have inaugurated their joint venture ‘wall as a service’ manufacturing business, Fastbrick Australia. Fastbrick will charge customers by the square metre of wall built, and exclusively utilise FBR’s Hadrian X bricklaying robot and Brickworks masonry blocks in its Australian operations. Fastbrick is a…
Australian listed electric motor scooter manufacturer Vmoto (ASX: VMT) is making waves with the announcement of record sales and a breakthrough alliance with the prestigious Ducati motor cycle brand. The company, which makes electric scooters in China and sells globally, sold 3,821 scooters worldwide in the March quarter, 57 per cent up on the December…
Shares on organic baby food and infant powder producer Bubs Australia (ASX: BUB) leapt 12 per cent on Monday to a record $1.45 on news of a new supply agreement with NZ dairy producer, Fonterra. The company announced it will be the first company to offer Australian made certified organic grass-fed infant formula, with Fonterra…
In a sign savvy investors are abandoning fossil fuels, the giant Wesfarmers (ASX: WES) conglomerate has sold out of coal and moved investments into materials used in lithium ion battery production. The company announced a $776 bid for lithium producer Kidman Resources (ASX: KDR) and its downstream operations. Wesfarmers offer is a massive 47 per…
Comment by Peter Roberts Well there is some justice in the world for small Australian manufacturers facing the might, and dubious business practises, of some major multi-national corporations. The Federal Court last week decided in favour of Bega Cheese (ASX: BGA) in its case against Mondelēz International over what can only be described as an…
Melbourne wound healing technology manufacturer PolyNovo (ASX: PNV) has capped off a string of recent successes with a deal that will see it enter the defence market in the United States. The company, which makes a range of NovoSorb skin regeneration products, has been given access to defence contracts in a deal with the Defence…
Forum member Dennis Rutzou delivers some sage advice on how manufacturers can tell their stories to the world Every business has a unique story to tell. Success, mediocrity, or even failure can depend upon it, and getting your message out should be a basic operating principal of any business. But it is much more than…
Sleep technology manufacturer, ResMed (ASX: RMD) has posted third quarter revenue to the end of March up 15 per cent on a constant currency basis to $662 million. Expanding device sales and the inclusion of revenue from the recently-purchases SaaS businesses helped boost margins by one per cent, and net profit by 15 per cent.…
