Australia and New Zealand dairy manufacturer Keytone Dairy Corporation has announced the completion of a $2.5 million expansion of its state of the art snacking and bar product manufacturing plant in Prestons, Sydney. The upgrade of the plant followed the acquisition of AusConfec’s assets, and will produce multi-layered protein bars, cereal bars and fitness bars,…
Comment by Peter Roberts The first efforts to lift Australia’s chronically low rate of industrial R&D came in the 1980s and 1990s as manufacturing protection was wound back by the Hawke government revealing a generally low-technology sector that preferred to copy others’ ideas rather than develop ones of their own. The original support for research…
Sixteen South Australian wine producers will be supported to grow their businesses by entering into the US market through Wine Australia’s US Market Entry Program. Supported by the state Department for Trade and Investment, the program gives smaller wineries a chance to replace lost exports to China with another growing market for Australian wine. China’s…
Hydrogen fuel cell transportation group H2X Global is launching its first vehicle, a modified modified utility vehicle, 14 months after the company launched its ambitious program in @AuManufacturing news. Gone are the multiple passenger and commercial vehicles with unique bodies mooted then by founder Brendan Norman, replaced by a slimmed down but now globally-focused range…
Diversified technology investment group PPK has reported on a year of transition from a manufacturer of mining equipment to a technology investment group with a heavy focus on developing new uses for the material boron nitride nanotubes (BNNTs). The company completed a strategic review in the year and plans to demerge the mining equipment business…
Wellnex’s fresh start year Health and wellness products manufacturer Wellnex Life continued its business transformation in the year to June 30 and increased revenue by 29.6 per cent to $1.4 million. Wellnex’s sale of the Corio Bay Dairy Group and acquisition of distributor Brand Solutions Australia gives Wellnex a portfolio of 15 brands distributed through…
April and May last year were the peaks of a massive shift in Australia’s apprentice system due to the Covid-19 pandemic, however the situation has now all but reversed. New research from the National Centre for Vocational Education Research (NCVER) found that in the first six months of 2020, the number of suspended apprentice and…
The federal government today announced more than $1.2 million in Defence Global Competitiveness grant funding to boost the export capability of six Australian small businesses. Perth’s Orbital Corporation received $195,624 to expand its production capability for engines and flight componentry for tactical unmanned aerial vehicles. Brisbane-based Gaardtech will use its grant of $166,000 to buy…
Defence, communications and space manufacturer Electro Optics Systems reported an operating loss of $11.7 million in the June half year on revenues up from $75 million in the previous corresponding period to $97.8 million. EOS has suffered interruptions in the delivery of remote weapons stations (RWS) in its biggest-ever order during the half due to…
The Western Australian government’s 2021-22 State budget is investing in manufacturing including green steel, green hydrogen and battery metals, with the establishment of a $100 million Investment Attraction and New Industries Fund (IANIF). The fund aims to support economic diversification and find new opportunities in industries that are only just emerging. The fund will support…
