France’s Naval Group Australia will open a new $25 million office in Port Adelaide as it gears up for construction of the Attack class submarine at nearby Osborne. The submarine builder has now welcomed its 250th employee as part of a rapid ramp up of staff on the way to future direct employment of 1,700.…
Details
@AuManufacturing’s Australia’s niche champions series is now in its third and final week. Brent Balinski speaks to Amanda Harris and Ben Tait of UAP about their unusual company, which is among the world leaders in creating public art.
Details
South Australian guitarist Brian Morrison, creator of the popular BAM Goddess Overdrive Pedal and its sister pedal the Classic, returns with new guitar pedals for the first time in 20 years.
Details
Biotech startup Ferronova has held a $3.5 million Series A round.
Details
Analysis by Peter Roberts It is well understood, by everyone everyone except the Coalition government in Canberra, that solar PV and wind are now cheaper than coal-fired electricity, the result of rapidly falling equipment prices. In fact in some countries, including Australia, green power is cheaper than gas. Now a new study suggests that hydrogen…
Details
Traffic Technologies fails to declare a dividend in volatile year Traffic light and road signage group Traffic Technologies has failed to declare a dividend in the 2020 financial year, booking earnings before interest and tax (EBIT) down 402 per cent to $11.4 million. Revenue was down eight per cent to $44.5 million. The results included…
Details
A ‘WarpSPEE3D’ 3D metal printer has been camouflaged as it continues to be deployed and put through its paces by the Australian Army in the extreme heat and humidity of the Northern Territory. Made by SPEE3D, the WarpSPEE3D uses cold spray technology for faster and more cost-effective metal part production at speeds of 100 grams…
Details
Hearing implant manufacturer Cochlear is pressing ahead with construction of its first Chinese manufacturing plant in Chengdu in Sichuan province (pictured). The $90 million investment was announced in 2017 ‘to facilitate local market growth and provide additional manufacturing support for products in China and emerging markets’, according to the company. It is believed the plant…
Details
By Professor Shams Rahman and Dr Kamrul Ahsan The COVID-19 pandemic has caused unprecedented damage to the global economy, with the federal government naming advanced manufacturing as one of six sectors of strategic importance for future growth. This sector accounts for approximately half of Australia’s $100 billion plus annual manufacturing output, with the Australian industry…
Details
Glass Recycling has been granted a works approval from EPA Victoria to expand its Dandenong South operation, intending to increase processing from 10,000 tonnes to 60,000 tonnes a year.
Details