CSIRO, Main Sequence Ventures and Jack Cowin’s Competitive Foods Australia have teamed up to back v2food, a start-up developing a plant-based meat substitute. The company, headed by former Masterfoods and PepsiCo Research Director, Nick Hazell, will likely sell its product through the Hungry Jack’s chain, part of Competitive Foods ‘whch has provided start-up capital. Head…
France’s Schneider Electric which has a large Australian manufacturing footprint has been awarded the important contract to supply DC switchboards to the $50 billion Attack class submarine programme. The company, which employs 4,000 in Australia including at its large Clipsal facility in Adelaide, will transfer technolocy to its local arm to enable it to make…
Comment by Peter Roberts The news this morning is that Rip Curl, the iconic Torquay Victoria surf brand is being sold to New Zealand’s Kathmandu for $350 million. And so another great Australian dream of designing and manufacturing great products completes its long, slow decline to full overseas ownership. The Rip Curl story is yet…
Canberra’s Electro Optic Systems ASX:: EOS) has bought satellite communicatons systems maker EM Solutions for a total of $26 million in cash and shares. The company will be added to EOS’s new communications systems business segment, announced in @AuManufacturing news earlier this week. EOS is a leading manufacturer of remotely operated weapons systems and laser…
South Australia’s innovation minister David Pisoni has given a first glimpse into Precision Buses expanded manufacturing facility at Edinburgh in northern Adelaide. The facility, enlarged to cope with a state government bus purchase of 340 buses, has taken on an extra 40 staff, bringing the full complement to 95. “This is the place where South…
Despite a recent mishap, Gilmour Space Technologies’ goal of offering commercial trips to orbit in 2021 is unchanged. Brent Balinski spoke to founder and CEO Adam Gilmour about the need for local launches, the $150 million federal boost to space companies, and the enduring mystery of a recent award nomination.
Comment by Peter Roberts A former South Australian Liberal party leader who later became a minister in the state Labor government has called for the establishment of a national shipbuilding authority to guide naval ship construction. Martin Hamilton-Smith’s political history is indeed as complex as the task now facing Australia to build and then sustain…
Tasmanian mining equipment manufacturer Elphinstone has made a remarkable comeback as an OEM manufacturer to the global Caterpillar group. The Burnie company, which employs 2,500, first shot to prominence when it modified Caterpillar surface equipment to operate underground. Eventually it grew into a 50: 50 joint venture with Caterpillar, designing and making underground load, haul,…
Wind power giant Vestas has begun assembling drive trains and hubs for its wind turbines at a new factory in the former Ford stamping plant at Geelong, Victoria. This follows the opening of the Vestas Renewable Energy Hub (VREH) by state premier Daniel Andrews and energy minister, Lily D’Ambrosio. This is reportedly the first-time wind…
Prime minister Scott Morrison has spoken in favour of industry-led solutions to plastic ocean waste during an address to the United Nations General assembly early Thursday morning, AEST.
