Advanced Manufacturing Expo to go ahead in November, say organisers
Reed Exhibitions, the organisers of the recently-postponed Australian Manufacturing Expo event, has given the rescheduled dates as November 18 – 20.
Investors flock to back Cochlear raising
Institutional investors have responded rapidly to hearing technology group Cochlear’s efforts to raise new capital, subscribing $880 million in new capital within two days. The company, which is raising capital to tide it over a slump in surgical implant procedures of its devices caused by the Covid-19 coronavirus pandemic, originally intended to raise $800 million,…
Micro-X to expand X-Ray machine manufacture
Portable X-ray equipment leader Micro-X has received yet more new orders for its lightweight Nano portable X-ray machine for use in diagnosing advanced cases of the Covid-19 coronavirus, sparking a scaling up of manufacturing capabilities. The Adelaide company has developed the world’s first and only carbon fibre nanotube X-ray emitter, and had made only initial…
3D-printed body parts set for surgical training ramp up
A South Australian company that manufactures 3D-printed medical training devices is set to embark on a $10 million capital raising campaign so it can ramp up production post coronavirus.
SA Health’s clear advice for employers and Covid-19
There seems to be a plethora of daily-changing, often contradictory messages flying round about what to do about the Covid-19 coronavirus in the workplace. But SA Health has issued an extremely clear run-down of everything manufacturing employers need to know to keep their people sale. Things like: # What cleaning practices should I instigate #…
Austal’s US shipyard deemed mission essential industry
The US Navy and Department of Homeland Security have deemed Perth shipbuilder Austal’s American shipyard as a mission essential industry to remain open during the Covid-19 coronavirus pandemic. The government is working with the company to ensure the workforce is protected and continues to build and maintain USN warships. An assistant secretary of the United…
Call to give companies early access to R&D refund
Australian Manufacturing Forum member viewpoint by Kris Gale With the world attempting to come to grips with the COVID-19 situation, it’s hard to find too many opportunities for good news but recent discussion regarding the R&D Tax Incentive is one of them. As reported in @AuManufacturing news, the Senate Economics Legislation Committee (the Committee) is…
Global carbon capture potential for rare nanoparticle
Australia is on the cusp of commercialising a rare nanoparticle with huge global potential to help capture carbon and water pollutants.
AMGC launches COVID-19 Manufacturer Response Register portal
The Advanced Manufacturing Growth Centre (AMGC) has launched a portal for Australian manufacturing, component suppliers and skilled design, engineering and manufacturing experts to register their interest and core competencies in support of the national response to COVID-19.
Cochlear in $850 million Covid-19 capital raising
Hearing technology company Cochlear has announced a massive $850 million capital raising to fortify the company to weather the Covid-19 coronavirus slowdown in sales. The company’s shares went into a trading halt today as the company revealed a share placement to institutions and a share purchase plan for existing shareholders. The raising is prices at…