Spanish train manufacturer CAF is the big winner in a $2.8 billion project to design, build, finance and maintain New South Wales’ next regional rail fleet. In a depressingly familiar pattern for NSW, the trains will be built by CAF and ‘fitted out in Dubbo in NSW’s central west. A new maintenance centre will be…
Details
Danish renewable energy giant, Vestas is to establish a wind turbine manufacturing plant at Geelong, Victoria in association with a local precision engineering firm. Vestas has partnered with Marand Precision Engineering to turn the former Ford stamping plant into a plant capable of making 4MW Drivetrains and Hubs and component testing for the Dundonnell and…
Details
The maker of the iconic Penfolds wine brand, Treasury Wine Estates (ASX: TWE), today reported a massive jump in sales and profits fuelled by the fast expanding Chinese market. The company announced revenue for 2018 rose 16 per cent to $1,508 million, and earnings before interest, tax and several material items rose 19 per cent…
Details
The federal government has committed to developing new legislation to tighten defence export controls following a review of the Defence Trade Controls Act 2012. Defence minister Christopher Pyne said today that Dr Vivienne Thom had completed her review of the act which controls the supply and, in some cases, publication of sensitive defence technologies. Releasing…
Details
Perth new materials manufacturer First Graphene (ASX: FGR) has taken regulatory action to sell its PureGRAPHENE material in Australia. The company has applied to have PureGRAPH assessed by The National Industrial Chemicals Notification and Assessment Scheme (NICNAS). This is a precursor to having the carbon based nanomaterial listed on the Australian Inventory of Chemical Substances…
Details
Biotechnology giant, CSL Ltd (ASX: ) boosted sales by 11 per cent and earnings by six per cent in the first half of 2019, according to a statement released to the stock exchange today. The company reported sales revenue of US$4,505 million (Aud$6.300 million) and earnings before interest and tax (EBIT) of $1,553 ($2,160 million)…
Details
Research from The Australian National University (ANU) has found that Australia is installing renewable power faster than any other country, helping it to meet its Paris emissions targets five years early. Lead researcher Professor Andrew Blakers said Australia was installing renewable power per capita faster than the European Union, Japan, China and the US. Blakers…
Details
Adelaide nanosatellite builder and operator, Fleet Space Technology, has sold out its first release of space on its IoT satellite system. Only two weeks ago @AuManufacturing reported that Fleet would connect up to one million devices at a cost of US$2.00 (Aud$2.75) per device, per year. “Within hours the first million was fully booked, with…
Details
Industrial technology firm, Silex Systems (ASX: SLX) has agreed to buy back control from GE and Hitachi of its laser enrichment process for uranium, in association with a Canadian mining firm. Silex announced that it had acquired 51 per cent of GE Hitachi Nuclear Energy’s stake in Global Laser Enrichment (GLE). Canadian uranium miner Cameco…
Details
Dassault Systemes has announced a new category of software solutions, driven by what it says is a fast-changing industrial environment, at the annual SolidWorks World conference. This new collection includes cloud-based simulation, design, enterprise resource planning and social collaboration tools.
Details