Hearing implant manufacturer Cochlear will buy competitor Oticon Medical for $170 million following a decision by its parent company Demant to exit hearing implants business activities. Cochlear has committed to providing ongoing support for Oticon Medical’s base of more than 75,000 hearing implant recipients, which includes cochlear and acoustic implants. Cochlear CEO Dig Howitt said:…
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Australian supply chain and transport group Linfox Logistics has introduced its first electric truck for major Australian retailer, Coles. The Fuso eCanter is servicing several Coles stores in New South Wales, loading products from the Eastern Creek Distribution Centre in Sydney for delivery to Coles supermarkets and new format Coles Local stores. Based on anticipated…
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Australian munitions and armaments manufacturer Nioa has expanded its presence in New Zealand with the acquisition of firearms and ammunition wholesale distributor Sportways Distributors. Nioa has bought 100 per cent of the company which will be renamed Nioa New Zealand, building on relationships that already include Nioa supplying the New Zealand Defence Force and New…
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Australian researchers have developed an automated system – an e-nose – that can literally sniff out Scotch or Irish whiskey, single malt or blended, and fraud or the real thing. The feat that only a whisky enthusiast might achieve comes form a project led by Associate Professor Steven Su with PhD students Wentian Zhang and…
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Cold spray additive manufacturing company Titomic has announced two new senior management appointments, with Bruce Colter to begin as General Manager – Titomic USA, and Neil Matthews as Head of Business Development – Repairs, beginning May 2. In an announcement on Tuesday, Titomic’s Managing Director Herbert Koeck,described the pair as “two giants of the Cold Spray…
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Logan City Council has opened an Australian-first biosolids treatment plant, which turns sewage into energy and biochar, a fertiliser it believes has strong commercial potential.
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Agricultural chemical manufacturer Nufarm has been doubly hit by Russia’s invasion of Ukraine with doubts over the future of its business in both countries. The company told investors its had provisioned for losses in the conflict of between $30 million and $40 million, though it said its Russian and Ukrainian businesses were nascent and ‘not…
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In the recent floods in eastern Australia the footpaths of recovering cities were quickly piled high with waste furniture and furnishings. With little of this waste recyclable or recycled and ending up in landfill, Patrizia Torelli explores what industry is doing to create a more sustainable Australian furniture and furnishings sector. Bushfire and flood emergencies…
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Australia’s universities have told the Productivity Commission that the economy could be $24 billion bigger over 10 years if investment in higher education research and development was lifted by just one per cent. Their submission outlines a range of drivers to improve Australia’s productivity growth and highlights the vital role universities play in finding the…
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Washington H. Soul Pattinson will go from majority to 100 per cent ownership of the nation’s largest privately-held electrical engineering firm, Ampcontrol.
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