Quickstep announces $0.9 million net profit after tax
Composites technology company Quickstep (ASX: QHC) has announced increased sales and profitability, achieving a $0.9 million net profit after tax for FY19.
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NSW grants to boost energy efficiency
The New South Wales government has launched a $16 million grants programme aimed at helping manufacturers boost the energy efficiency of their operations. The grants, which are open from today until 30 June, provide up to $120,000 per site, with companies matching the government contribution. They are available for electricity or gas saving projects that:…
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ANSTO expands to embrace industry
The Lucas Heights nuclear reactor and research precinct has expanded to embrace greater interaction with Australian industry. The Australian Nuclear Science and Technology Organisation, which runs the OPAL pool reactor, has inaugurated the ANSTO innovation precinct to extend the reach of its unique nuclear capabilities. ANSTO has long performed research for industry using instruments that…
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Adelaide company to begin production of compostable plastic bags tomorrow
South Australia’s BioBag World Australia will launch production of compostable bags tomorrow, coinciding with the state government’s proposal to ban disposable plastics.
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SEA Electric enters US truck market
Electric drivetrain technology developer and manufacturer, SEA Electric is to enter the North American truck market. The company announced it would show two trucks at the ‘Work Truck Show’ in Indianapolis and California’s ‘Advanced Clean Transportation Expo’ in the next two months. The two trucks are nearing completion mounted with SEA Technology battery and drive…
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Submarine build – not such a boon for Adelaide?
Defence and industry officials testifying to Senate estimates this week have cast doubt on the potential benefits to the South Australian economy of Australia’s $50 billion French submarine buy. The most damaging testimony to government assurances came from Defence’s deputy secretary, Stephen Johnson, questioned by SA Senator Penny Wong. While the government has claimed the…
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‘SA manufacturing is far from dead’: Levett Engineering
For a rather small, specialised company such as Levett Engineering to be awarded Exporter of the Year at the Business SA 2018 Export Awards speaks volumes about the quality of work this aircraft component manufacturer delivers.
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Auction of W.E. Smith Engineering’s assets to be held next week
Coffs Harbour firm W.E. Smith Engineering is liquidating its assets, and an unreserved auction for over 2,000 pieces of equipment will be held the morning of February 28.
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EOS in $450 million contract with the UAE
Space and defence industry contractor, Electro Optic Systems (ASX: EOS) has won a contract worth $450 million to supply remotely operated weapons systems to the UAE Navy. The announcement, made at the International Defence Exhibition (IDEX) in Abu Dhabi, reflects the exercise of options in a previously announced deal. EOS Group CEO, Ben Greene said:…
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Austrade markets Australian Agriculture 4.0
The Australian Trade and Investment Commission is focusing on Agriculture 4.0 as it markets local capabilities and products in this fast-developing area. The Agriculture 4.0 theme will help the global agricultural sector to be more profitable, efficient, safe and environmentally friendly, according to Austrade. “These technologies include biotechnology, smart farming, ‘precision for decision’ agriculture, robotics,…
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