Orora gets regulatory approvals for $1.775bn sale
Orora has received regulatory approvals for the $1.775 billion sale of its North American packaging business to Veritiv Corporation.
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Whiskey Project Group acquires Newcastle boat building facility
Defence tactical watercraft manufacturer The Whiskey Project Group (TWPG) has acquired the former factory of boat maker Moda Boats, in Newcastle.
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Are you one of Australia’s most innovative manufacturers?
Do you have what it takes to be named as one of Australia’s top 50 in @AuManufacturing’s annual Australia’s 50 Most Innovative Manufacturers campaign? @AuManufacturing news is again looking to identify and celebrate Australia’s 50 most innovative manufacturers. Nominees are assessed by an expert panel, are selected for a shortlist, are profiled by our editors…
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Equatorial Launch to move spaceport to Queensland
Equatorial Launch Australia (ELA) has shocked the space sector, announcing it will immediately cease operations of the Arnhem Space Centre in the Northern Territory and relocate the spaceport to a new site in Queensland. The decision was forced by the inability of the company to finalise a lease for the expansion of the Arnhem Space…
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25 years of R&D reviews – By Dr John Howard
Australia is again reviewing Australia’s innovation system – the Strategic Examination of R&D – and its apparent inability to contribute sufficiently to national economic development. Here Dr John Howard looks back at what we know from 25 years of such reviews. Australia’s ability to harness the full potential of its research and development (R&D) capacity…
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Treasury Wine buys Chinese winery for $30 million
The maker of Penfolds, Treasury Wine Estates has entered the Chinese winemaking business, acquiring 75 percent of Ningxia Stone & Moon Winery Co. Ltd for RMB 130m (approximately A$27.5m). Located in the highly-regarded wine production region of Ningxia in north-western China, Stone & Moon’s asset base includes 43-hectares of planted luxury vineyards, a modern winery…
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Manufacturing number one priority for Victorian growth
Advanced manufacturing and defence have been labelled Victoria’s number one priority in the state’s new Economic Growth Statement.
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BrainChip’s ‘human like’ AI wins it US Air Force radar contract
BrainChip has won a $1.8m US Air Force Research Labs contract to use its artificial intelligence that mimics the human brain in radar signalling processes.
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New submariner workforce school for HMAS Stirling
The federal government has begun work on a new training facility at HMAS Stirling naval base in Western Australia to train the future submariner workforce. The $200 million training school will complement training already underway in the United States and the United Kingdom and develop skills as: Communication Networks Operators Submariner Electrical Fitters Electronics Technicians…
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Samsara Eco develops enzymes to recycle nylon
Recycling technology company Samsara Eco has developed enzymes capable of recycling nylon 6, a synthetic fibre commonly used in apparel, hosiery and automotives which have proven difficult to recycle. The innovation builds on Samsara Eco’s existing capabilities to infinitely recycle nylon 6,6 and polyester and marks an important leap to tackle waste and eliminate the…
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