Trust in the iconic Australian Made kangaroo logo is at a high, with new Roy Morgan research finding 92 per cent of Australians are confident products displaying the logo are made in Australia, up from 88 per cent in 2019. The research also found that 97 per cent of people understand the link with associating…
Ballarat manufacturer Gekko Medical has received an order from the Victorian State Government for 170 of its GeVentor invasive ventilators designed and made in Australia. The GeVentors are expected to be available within five weeks and will be used in health services across the state. The order follows permission for the GeVentor to progress into…
Two straight months of growth for manufacturing came to an end in August, according to the Australian Industry Group’s Performance of Manufacturing Index, with the Melbourne lockdown contributing to the negative result.
Space, communications and defence manufacturer Electro Optic Systems experienced a horror last Covid-19 seven days to the second half of 2020. The Canberra company reported major disruptions to its supply chain in the last week of June interrupted product delivery and delayed revenues until later this year. The half year result was a loss after…
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…
Unmanned aircraft engine manufacturer Orbital achieved earnings before interest and tax of $2.6 million on revenue up in what was a transformative year for the company to $33.8 million. The Perth company was named primary engine supplier to Boeing subsidiary Insitu during the year and brought its second Insitu engine model into production. A third…
The Academy of Technology and Engineering (ATSE) has expressed ‘serious concern’ at the Australian government’s decision to limit the scope of Round 10 of the Cooperative Research Centres programme’s CRC-P Grants. Academy president Professor Hugh Bradlow said Canberra should address concerns raised earlier in the week by by ATSE Fellow Dr Tony Peacock who is…
Bisalloy’s profits up 45 per cent High strength steel manufacturer Bisalloy Steel has grown earnings before interest tax depreciation and amortisation (EBITDA) 45.9 per cent in FY2020 as efficiencies and markets grew. The company reported sales up 12.8 per cent for the year to $110.7 million as domestic sales grew 30 per cent. While its…
Australian Strategic Materials’ (ASM) joint venture partner has produced 20.8 kg of high purity titanium metal, with a purity of 99.83 per cent (pictured). South Korea’s Zirconium Technology Corporation (ZironTech) produced the metal, confirming the energy usage at approximately 30 per cent of the standard titanium industry processes. The company’s metal technology energy usage is…
Applications for Moon to Mars Supply Chain Capability improvement grants opened on Thursday, with successful companies to be awarded between $250,000 and $1 million covering up to 75 per cent of project costs.
