Pokie machine manufacturer Aristocrat Leisure is taking the axe to staff and wages as its global customers remain closed as a precaution against the spread of Covid-19. The company, which earns 60 per cent of profits from casinos and other public gambling, told investors it would save $100 million in the year ended 30 September…
Motor cycle suspension developer M-Sport Design is building export sales on the back of the value of the Australian dollar, now well below its long-term average of US72 cents. The Melbourne company has just prepared its latest shipment of locally designed and manufactured Slamtail Suspension kits for retrofitting to M8 Mono-Shock Harley Davidson motorcycles. Director…
By Andrew Wear A uniquely German collaboration between industry and government is the network of Fraunhofer institutes. These take their name from Joseph von Fraunhofer, a prominent German researcher, investor and entrepreneur who died in 1926. The institutes are partly publicly funded and provide applied science for companies that would otherwise find it cost- prohibitive.…
New materials development company Talga Resurces has been funded in the United Kingdom to work with Bentley Motors on a single unit electric vehicle drive train or e-axle. Talga has been approved for Innovate UK funding to support development of technology and materials with the ultimate aim of creating a new electric motor that utilises…
Analysis by Peter Roberts Industry minister Karen Andrews has reined in hopes for a wide role for the manufacturing sector post Covid-19 in an interview with ABC Melbourne radio. She was responding to questions from Virginia Trioli, who said Covid and industry 4.0 holds the prospect of the country moving to ‘the next level of…
Comment by Peter Roberts @AuManufacturing has been reporting almost daily heartwarming stories of the heroic efforts of manufacturers stepping into broken import supply chains. But while a handful have received federal government recognition and support – and featured in endless media releases and media interviews by federal ministers – some have received nothing. Take Nelson…
Our campaign to crowd source a new deal plan for manufacturing has seen a huge response from readers and members of the Australian Manufacturing Forum Linkedin group. Here Professor Aleksandar Subic focuses on R&D and learning as keys to a plan to make Australian manufacturing the envy of the world. When Mike Cannon-Brookes, co-founder of…
Advanced materials business Archer Materials continued progress on a number of fronts during the third quarter as it advanced projects ranging from mining to cathode production and quantum computing development. The listed company re-iterated progress on a number of fronts in a statement to investors: # Drilling continued at its Franklyn deposit and concluded at…
Composite wheel manufacturer Carbon Revolution has revved up production of its one piece carbon fibre road wheels at its Geelong factory despite the uncertainties of the Covid-19 pandemic. The young company grew wheel sales 8.3 per cent in the March quarter as demand from its high-end global customers remained strong. A new high annualised rate…
Bisalloy reaffirms profit guidance High strength and armoured steel manufacturer Bisalloy Steel (pictured) does not expect the Covid-19 outbreak to alter its profit guidance for the year which remains at $12-$13 million, up to 40 per cent higher than the previous year. There are encouraging signs of revival in the company’s Chinese business, while Thai…
