GWA ends year stronger on flat revenues

Bathroom and kitchen fittings manufacturer GWA has increased its net profit on revenues slightly down for the year ended 30 June. The company which manufactures the Caroma, Methven, Clark and Dorf brands reported statutory net profit up 22.7 percenmt to $43.2 million on group revenue down 1.6 percent to $411.8 million. Normalised net profit after…

1414 Degrees commissions molten silicon energy storage system

Energy storage company 1414 Degrees has commissioned its SiBox Demonstration Module (SDM), marking a key funding milestone in the SiBox Development Agreement with Woodside Energy Technologies. The commissioning phase involved extensive trials, demonstrating the SiBox molten silicon energy storage system’s ability to convert electric energy into a controlled very hot air stream suitable for industrial…

AROSE joins Robotics Australia to boost robotics and automation sectors

A new partnership between remote operations consortium AROSE and the Robotics Australia Group will help connect and grow Australia’s maturing robotics ecosystem, developing opportunities for growth, collaboration and advocacy of remote operations technology. AROSE is an industry-led organisation focused on remote operations science, technology and services on Earth and in Space, while Robotics Australia Group…

National manufacturing policy for net zero transition – by Geoff Crittenden

Following last week’s 2023 National Manufacturing Summit in Canberra, Weld Australia has issued a call for transformative national policy that delivers secure supply chains and a diverse renewables and clean energy economy, sustained by the manufacturing industry. Here Geoff Crittenden writes that Australia must take inspiration from the United States, and their Inflation Reduction Act…