Few manufacturing companies can hope to grow revenues and profits by more than 20 per cent a year but this is the winning hand that is held by Sydney’s Aristocrat Leisure (ASX: ALL). One of the world’s largest manufacturers of gaming machines, and an emerging power in online and digital gaming, Aristocrat recently announced results…
Lithium processing technology group Lithium Australia (ASX: LIT) and battery materials group Novonix (ASX: NVX) have announced separate advances in battery materials and lithium ion battery manufacture. Novonix announced it has sold 500 tonnes of lithium-ion battery anode material to Samsung, while Lithium Australia announced a new battery venture to evaluate local manufacture. Novonix will…
Cardiac surgery product developer Admedus (ASX: AHZ) has announced a major order of its cardiac repair devices to its US-based distributor. The Queensland-based company sold 12,500 CardioCel and VascuCel patches to LeMaitre Vascular Inc for the year ahead, a figure which exceeds global sales for the products over the past year. CardioCel and VascuCel patches…
Carbon fibre road wheel manufacturer Carbon Revolution (ASX:CBR) made a spectacular debut on the stock exchange after raising $90.1 million and listing on the ASX. The Geelong company’s $2.60 shares soared immediately reaching as high as $3.81, before closing at $3.55 with a market capitalisation of $450 million. The stunning debut caps off the company’s…
CUB buys Balter Beer Carlton & United Breweries (CUB) has bought Gold Coast craft brewer, Balter Brewing Company for a confidential sum. Founded in 2016 by a group of friends including international surfer Mick Fanning, the brand joins other craft brews 4Pines and Pirate Life in the CUB stable. CUB is owned by Anheuser-Busch InBev.…
Comment by Peter Roberts It wasn’t so long ago that then senior Singaporean politician Lee Kuan Yew offended Australians when he called us the white trash of Asia. Working in Singapore at the time I had a first hand view, and a rather low opinion, of the products of Singapore’s rote-learning early school education. I…
Energy systems monitoring company Ecocentric is preparing to manufacture its Numen device that connects a building’s sensors and electrical equipment with the cloud after a novel fundraising effort. The Perth company has just completed an equity crowdfunding campaign which has netted $400,000 from 150 small investors, according to reports. This matches $3.2 million raised through…
Specialty rubber manufacturer Derby Rubber has relocated its head office to Wingfield in Port Adelaide where it was welcomed in a ceremony with local dignitaries. Managing Director Stephen Sheppard and General Manager Michael Clayton hosted Premier Steven Marshall, trade minister David Ridgway and the Mayor City of Port Adelaide Enfield, Claire Boan. The state has…
Fast-growing infant formula exporter Bubs Australia (ASX: BUB) surprised the market with an announcement that it was raising $35 million from existing investors at a big discount to the current share price. The company, which has been moving at high velocity this year expanding into the Chinese infant formula market and expanding its sales of…
Leading global manufacturer and technology group Robert Bosch GmbH and its Australian arm have announced they will be carbon neutral by the year 2020. Chairman of the board Dr Volkmar Denner said: “We will be the first major industrial enterprise to achieve the ambitious goal of carbon neutrality in a little over a year. “All…
