Pharmaceutical company Probiotic (ASX: PBP) has increased its manufacturing footprint with the purchase of Sydney packaging company ABS, formally Australian Blister Sealing. Probiotic paid $23 million for the 40-year-old Seven Hills company which provides contract packaging services for the pharmaceutical and food sectors, including bottle filling, labeling and blister packaging. Probiotic managing director, Wes Stringer…
By Forum member Barry Thomas, Cook Medical As an exporting medical devices company that employs more than 600 people, Cook Medical has long been a champion for tax reform to stimulate innovation and manufacturing. Recent comments by the federal treasurer that the government would take a “close look” at a Patent Box scheme…
The UK’s space agency is already planning for spaceflights to Australia, taking just 90 minutes. This week it announced the site of its first “spaceport”. Where exactly a spacecraft might land in Australia is still anyone’s guess.
Aurora Labs (ASX:A3D) has announced that it has executed a memorandum of understanding with Swedish aluminium technology company Granges AG.
Nominations are now open for the 2019 Australian Export Awards, with the national awards night to be held on December 3 at Parliament House in Canberra.
Phoslock Environmental Technologies (ASX: PET) this week demonstrated the potential of a new route for local innovation – go from Australian idea to successful product entirely within the China market. As China’s economy grows this route will become increasingly common for manufacturers, especially as Phoslock’s shares have leapt 25 per cent this week on news…
The Foreign Investment Review Board has approved a $10 million investment in listed Adelaide SME Micro-X (ASX:MX1) by Thales, with the companies to collaborate on new technology development for imaging systems for airports and elsewhere.
Brent Balinski spoke to Charles Kovess, Secretary of the Australian Industrial Hemp Alliance and CEO of Textile & Composite Industries, about the potential of industrial hemp.
The manufacturing sector contracted in June according to the Australian Industry Group Performance of Manufacturing Index – ending a 33-month streak of stable or growth results – and it is experiencing the weakest conditions in nearly three years.
Advanced Circular Polymers’ new plastics recycling facility at Somerton, which is Australia’s largest, officially opened this morning.
