Building products group CSR (ASX: CSR) has completed the sale of Australia’s only maker of float glass, Viridian Glass, to private equity business Crescent Capital Partners. In a move which has the potential to disturb the Australian supply chain for glass, Crescent has purchased the troubled business for a reported $150 million. CSR has written…
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A new class of visa and the establishment of the Australian Space Agency headquarters in Adelaide is generating national and global interest in an incubator program for space industry startups.
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Analysis by Peter Roberts Digital technologies giant Dell Technologies released a survey on digital transformation this week that suggested Australia, and its manufacturers, were confident about their path and progress towards a digital future. But on reading the results I am not so sure – perhaps we are further behind than we think. The global…
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Sydney company Fonzarelli has launched a performance version of its Australian made electric scooter – the Fonzarelli X1. The scooter, made in Sydney from local and imported parts, sells for $9,890 and is capable of a top speed of 100 KM/H with a range of 80 kilometres. The company, headed by engineer Michelle Nazarri, has…
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Rolling stock manufacturer Downer EDI (ASX: DOW) has won a $900 million contract to construct an additional 17 Waratah Series 2 trains as part of the Sydney Growth Trains contract. The double decker suburban trains, manufactured jointly by Downer and China’s CRRC Changchun, adds to orders for 102 trains, the largest single order of rolling…
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Leading brick manufacturer Brickworks Building Products (ASX: BKW) has joined forces with robotics company FBR (ASX: FBR) to automate bricklaying operations. The two companies have annouced a memorandum of understanding (MOU) to establish a joint venture, Fastbrick Australia Pty Ltd, to provide ‘Wall as a Service’ (WaaS) services to the construction market. Fastbrick will charge…
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Brisbane electric vehicle charger manufacturer, Tritium is preparing to expand in the Americaswith the appointment of a high powered regional president. Tritium, which makes a DC fast charger station, has appointed cleantech leader Jeff Wolfe to the newly created role accelerate market penetration. His appointment will help to navigate a diverse and complex regulatory environment…
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Australia has been a rather lucky country to have avoided the worst of the GFC some ten years ago. However, we are not immune to global market uncertainty.
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Automotive repair technology startup Tradiebot has announced Dr Matthew David as the newest member of its executive board.
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