Wattle Health reorganises in infant formula

Nutritional dairy product manufacturer Wattle Health Australia (ASX: WHA) has announced changes to its businesses to speed market penetration for its locally made products. The organic certified company simultaneously announced a new venture, new arrangements with shareholder Chemist Warehouse, and new production arrangements. Wattle Health has signed a shareholders agreement with Nouriz (Shanghai) Fine Food…

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Elsight provides Halo to Israeli Aerospace

Wireless video and data transmission technology company, Elsight Limited (ASX:ELS) has successfully conducted proof of concept field trials of its Halo communications platform with Israeli Aerospace Industries. Halo has been selected as a component of IAI’s communications solution for its robotics and unmanned vehicles business. The company will deliver an initial order of 50 Halo…

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Of natural and greenhouse gases – comment

Comment by Peter Roberts The recent news that Australia has surpassed Qatar to become the world’s largest exporter of liquefied natural gas (LNG) would normally be a thing to be celebrated. Australia’s 10 LNG projects exported an estimated 77.5 million tonnes of LNG in calendar 2019 earning $49 billion, according to data from consultancy EnergyQuest.…

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McWilliam’s goes into liquidation after 141 years

KPMG has been appointed as administrators of the venerable McWilliam’s Wines Group which has failed after 141 years of continuous operation. Gayle Dickerson, Ryan Eagle and Tim Mableson of KPMG were appointed administrators of McWilliam’s Wines and Mount Pleasant Wines and are undertaking a review of the company’s Griffith and Hunter Valley winemaking assets. They…

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Manufacturing news briefs – stories you may have missed

Ellex cashes in on medical lasers Ellex Medical Lasers (ASX: ELX) has sold its opthalmic laser (pictured) and ultrasound businesses to London’s Lumibird Grouyp SA for $100 million. The company will return cash to shareholders and focus its business on devices to treat glaucoma and macular degeneration, both fast-growing areas. The company’s Adelaide factory has…

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IDT begins cannabis manufacture with high-tech bong

It looks like the world’s biggest bong, but the photograph from pharmaceutical manufacture IDT Australia is strictly legit. The Melbourne company has begun manufacturing medicinal cannabis for local producer Cann Group (ASX: CAN). The first product, medicinal cannabis dried flower, were packed by IDT under GMP certified conditions and will undergo testing ahead of release…

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