Manufacturing profits news briefs – stories you might have missed

Advanced Braking Technology continues strong growth Heavy duty brake vehicle manufacturer Advanced Braking Technology has reported record June operating sales of $1.16 million. ABT said sales of its fail-safe braking systems for heavy mining equipment were 17 per cent up in the fourth quarter compared to last year to $2.67 million. Reporting unaudited operating profit…

Brace yourself for the global electronic component shortage – by Yaser Darban

Electronics manufacturers such as Entech Electronics have had to beef up their supply chain and purchasing teams to meet the challenges of a global shortage of electronic components. Here, Yaser Darban explains what companies can do to weather the shortage. As the world recovers from a pandemic, another threat looms for manufacturers–a global shortage of…

Cookon cooks up a storm in cooking appliances

By Peter Roberts I have often heard people, even manufacturers, lament the destruction of appliance and whitegoods manufacturing in Australia. But there are survivors including Zip Water boilers in Sydney, Seeley and Braemar air coolers and gas heaters in Adelaide and Albury, Rheem in Sydney, and Electrolux’s oven factory, also in Adelaide. The Swedish company’s…

Manufacturing news briefs – stories you might have missed

Australia Post trials Australian made e-trikes Australia Post is trialling Australian made three-wheeled electric delivery vehicles to see if they complement its fleet of electric vehicle types. The company, which ordered 1,000 Swiss-made e-trikes earlier this year, is trialling Stealth Electric Bikes’ OzPods (pictured) in the Melbourne suburb of Lillydale over a variety of terrains.…

EV bus maker raises $110 million, to establish NSW factory

Electric vehicle manufacturer Nexport Mobility Group will build a large-scale vehicle manufacturing plant in Moss Vale following today’s announcement by investment group TrueGreen Impact Group which has raised $110 million for the project. Tor Investment Management provided the new funding. As foreshadowed in @AuManufacturing on Monday, Nexport plans to make e-buses utilising technology from China’s…

Maryborough munitions plant construction complete

Construction is complete after 15 months on the new Rheinmetall NIOA Munitions artillery shell forging plant at Maryborough in Queensland. The factory will use state-of-the-art equipment, including a 1200-tonne hot forging press, to produce the world’s most technically advanced 155mm calibre projectiles for Australia and export markets. BADGE Constructions led the building phase for the…