Bisalloy’s profits up 45 per cent High strength steel manufacturer Bisalloy Steel has grown earnings before interest tax depreciation and amortisation (EBITDA) 45.9 per cent in FY2020 as efficiencies and markets grew. The company reported sales up 12.8 per cent for the year to $110.7 million as domestic sales grew 30 per cent. While its…
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Australian Strategic Materials’ (ASM) joint venture partner has produced 20.8 kg of high purity titanium metal, with a purity of 99.83 per cent (pictured). South Korea’s Zirconium Technology Corporation (ZironTech) produced the metal, confirming the energy usage at approximately 30 per cent of the standard titanium industry processes. The company’s metal technology energy usage is…
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Mining equipment manufacturer Austin Engineering saw the good times return in the 2020 financial year resulting in a jump in profits. The manufacturer of truck bodies and mining tools reported earnings before interest and tax depreciation and amortisation (EBITDA) up 34 per cent to $19.9 million delivering a net cash flow of $24.1 million. Revenue…
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Metal additive manufacturing company Amaero International has won an order from automotive component manufacturer Samvardhana Motherson Reflectec for prototype mirror components. SMR Automotive, which makes rear view mirrors and intelligent camera systems, has ordered the components for a new SUV vehicle build. Amaero said: “Additive manufactured prototypes enable the product design to be evaluated for…
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Applications for Moon to Mars Supply Chain Capability improvement grants opened on Thursday, with successful companies to be awarded between $250,000 and $1 million covering up to 75 per cent of project costs.
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Monash University researchers have published results showing a way to identify high-quality graphene and graphene oxide much more easily than current methods.
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The federal government has announced a $1 billion Covid-relief package of defence sector works which includes some wins for manufacturers. While much of the new spending is for infrastructure and other defence base works the cash will also: Accelerate the sustainment of ADF platforms and capabilities, including the upgrade of Thales Bushmaster protected mobility vehicles…
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@AuManufacturing’s Australia’s niche champions series looks at ResMed, a company whose success owes more to business acumen than technology. By Peter Roberts. There is no doubt the development in 1981 by Professor Colin Sullivan of the University of Sydney of continuous positive airway pressure (CPAP) therapy for sufferers of sleep apnea has changed lives around…
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Modular data centre manufacturer DXN has signed a $1.5 million contract to supply a factory-built data centre to gold miner, Newcrest Mining. DXN will build, ship and install the prefabricated data centre for its Cadia mine in central west New South Wales. The Perth company’s CEO, Matthew Madden said the centre would incorporate critical infrastructure…
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Housing and construction slowdown hits ADBRI Cement, lime and building products manufacturer ADBRI was hit in the first six months of this year by bushfires, smoke and floods and by lower residential demand. Revenue in the half of $700.7 million was down from $755.7 million in the previous corresponding period. Earnings before interest and tax…
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