SEA La Trobe Valley promise flounders as did automotive sector – by Shane West

Electric drive train and truck producer SEA Electric has decided not to go ahead with a planned factory in Victoria’s La Trobe Valley. Here Shane West laments the decision, made after the company won an order to build 1,500 electric trucks in the United States. SEA Electric began life as an all-Australian technology and manufacturing…

Cyclotek and ANSTO to manufacture new radiopharmaceuticals

Cyclotek and ANSTO have announced the launch of a Joint Venture to establish Australia’s first GMP (Good Manufacturing Practice) theranostics production facility which will produce radiopharmaceuticals for both the diagnosis and treatment of cancer. The new company Applied Molecular Therapies Pty Ltd (AMT) will aim to establish a Therapeutic Goods Administration (TGA) approved, GMP manufacturing…

Manufacturing company monthly turnovers went up slightly in latest ABS data 

A new Monthly Business Turnover Indicator released by the Australian Bureau of Statistics (ABS) on Wednesday showed turnovers at manufacturing companies up slightly, rising 0.7 per cent over September. In the second release of the experimental monthly economic indicator — following August figures released last month — it showed turnovers fell for most industries. “Electricity,…

Turkish machine builder makes $2.5 million strategic investment in Titomic

Turkey-based metal forming machine specialist Repkon Makina ve Kalip has become a strategic investor in Titomic, acquiring a $2.5 million stake in the Australian large-scale additive manufacturing business. Repkon would be issued 9,615,384 ordinary fully shares at 26 cents a share, according to a statement to the ASX by Titomic on Tuesday. The two companies…