Sydney’s Quickstep Holdings (ASX: QHL) achieved sales of $17.6 million in the first quarter of the financial year, up a massive 42 per cent on the previous corresponding period. “The business achieved positive NPAT in Q1 FY19 and expects to deliver positive EBIT for the full year FY19. While EBITDA for Q1 was $1.2 million,…
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Melbourne-based Supacat has signed a partnership agreement with Rheinmetall Defence for the design and manufacture of systems for the army’s new Boxer combat reconnaissance vehicle (CRV) fleet. Rheinmetall recently won multi-billion contracts for the supply of its armoured 8×8 CRV, with Supacat to provide a number of sub-systems. The vehicles will be manufactured at a…
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Sydney mining services and manufacturing company BIS has launched a new cost-effective mine haulage truck, Rexx made by its recently acquired Powertrans subsidiary. Rexx carries a 160 tonne payload and has a range four times that of conventional dump trucks. Operational costs are kept low by features such as smaller, cheaper wheels and tyres than…
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Allen Roberts asks: Every business has a key strategic metric, one that encapsulates the productivity of the investments made in the business, that can be tracked over time, and broken down progressively as you move into the operational levels of your business. The metric you choose should reflect the strategic choices you make. It should…
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Winder Controls Australia has commissioned a new Number 1 winder and Tower Mounted Friction Winder at Glencore’s Cobar copper mine. Work at the CSA Mine involved the removal of old equipment, remanufacture of structural elements and the lifting of the new hoisting machinery 52 metres above the ground. Motor, gearbox and hydraulic power pack were…
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A rash of new ventures and partnerships are increasingly aligning Australia to foreign sources of technology and providing access to global supply chains. Just this week new agreements have been announced in sectors ranging from automation to shipbuilding and R&D. Sage Automation will work with Spain’s Detegasa to support RAN ships and to manufacture locally…
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Forum member Jeremy Nathan of B2B marketplaces asks the big question: Is the US/China trade war good for Australian business? hashtag#economy hashtag#business Join the conversation in the Australian Manufacturing Forum here. Picture: Industry Search.
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Hearing implant maker Cochlear (ASX:COH) is demonstrating the benefits of technology leadership by maintaining an annual profit growth rate of around 10% into the future. Chairman Rick Holliday-Smith told the company’s annual general meeting that the company’s profits would rise next year in the 8-12% range. Cochlear’s profit of $246 million last year was up…
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EPE has developed an innovative hand held scanner designed to be used by the Royal Australian Navy in the Gulf region. The Maritime Portable Raman Improvised Explosive Detector (PRIED) prototype, tested recently aboard HMAS Coonawarra, was developed with a $1 million federal grant. The devices’s spectrometer remotely scans using deep-ultraviolet (DUV) illumination without detonating explosive…
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This is a rare photograph of Rio Tinto’s HiSmelt direct reduction steel making plant in ShanDong province, China. But really it should be in Australia. Rio’s Roy Luo Yuhua posted the picture to celebrate 157 days continual running of the plant with an average hot metal production of more than 55,000 tons per month Direct…
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