Investment group Bridgewest Group has bought the Adelaide biologics manufacturing plant operated by pharmaceutical group Pfizer and will develop it into a contract drug and vaccine manufacturer. Pfizer, which operates four Australian factories employing 1,000, sold the Thebarton plant for an undisclosed sum to the tightly-held investment group which founded the BioDuro drug manufacturing operations…
Biotechnology giant CSL has signed a final agreement with the federal government to supply 51 million doses of a University of Queensland-CSL vaccine should the drug be proven effective and safe in clinical trials. CSL’s vaccine subsidiary, Seqirus signed the agreement covering the vaccine candidate V451 and will receive an upfront payment from Canberra. The…
Electric delivery vehicle developer ACE-EV has been given a $5 million boost in the federal budget and will move to initial production of its three models of small vehicles in Adelaide. The company, which launched its first locally-assembled vehicle with fanfare in August, received the grant from the Future Fuels Fund administered by the Australian…
The Australian Made Campaign Ltd (AMCL) has launched a new ‘Buy Australian Now and support Aussie jobs’ campaign as use of the green and gold Australian Made logo spreads. An extension of its ‘It’s never been more important to Buy Australian than right now’ initiative launched in June, the campaign encourages Australians to exercise their…
China-focused dairy and healthy products specialist Jatcorp has boosted its Chinese distribution and launched two new China-destined Australian products. The manufacturer and exporter reported reduced sales of milk formula in China which contributed to a $10 million fall in sales in the first six months of 2020 to $30.1 million, compared to the prior corresponding…
Infinite Blue Energy has partnered with Petrofac for the engineering, procurement and construction (EPC) of its $350 million Arrowsmith Hydrogen Project to be constructed north of Perth, according to reports. Petrofac, an international energy services firm, will progress the Arrowsmith project to support a final investment decision in early 2021. Destined to become Australia’s largest…
Boeing Australia will build on its existing presence in Queensland with a decision to produce the Loyal Wingman unmanned jet being developed for the RAAF in the state. Premier Annastacia Palaszczuk announced a partnership with Boeing to assemble the first military aircraft to be designed, engineered and manufactured in Australia in more than 50 years.…
Metal additive manufacturing group AML3D has received firm commitments from investors to raise $7 million to speed expansion of the company’s 3D printing operations. The Adelaide company will use the funds from institutional and private investors to buy and commission additional production modules to increase contract manufacturing capacity, enabling AML3D to service new customers. AML3D…
Product design and engineering group Tekt Industries has won backing to develop an augmented reality (AR) based quality control and inspection system, initially for use in printed circuit board manufacturing. The company has received a $250,000 grant from the Advanced Manufacturing Growth Centre (AMGC) to lead the development of an AI Camera based compact vision…
Brisbane start-up Vaulta will utilise graphene in a new lithium-ion battery casing it is developing following a successful capital raising. The company, which is commercialising a simpler method for manufacturing the casings, has raised $320,000 from ACAC Innovation, Artesian and Brisbane angel investors. One of its first actions was to hire four new staff, including…
