Germany’s Fuchs Group has announced that it will acquire Nulon Products Australia, and intends to keep both local production and all 65 roles at the Australian maker of automotive lubricants..
The federal government has signed the Submarine Design Contract with France’s Naval Group for the Attack Class submarines, following the recent signing of the project’s Strategic Partnering Agreement.
The Australasian Supply Chain Institute (ASCI) has appointed Ivan Imparato as Chief Executive Officer (CEO), a move the organisation says is in service of its strategy to bring professionalisation to the supply chain domain.
“Production, sales, exports and employment all gained ground” – best result for manufacturing in five months
The Australian Industry Group Performance of Manufacturing Index has recorded its best result since October, with February’s PMI coming in at 54, an increase of 1.5 from January.
South Australia’s BioBag World Australia will launch production of compostable bags tomorrow, coinciding with the state government’s proposal to ban disposable plastics.
Coffs Harbour firm W.E. Smith Engineering is liquidating its assets, and an unreserved auction for over 2,000 pieces of equipment will be held the morning of February 28.
Baker Hughes GE and Hydrogen Utility (H2U) have announced a collaboration on hydrogen power generation in Port Lincoln.
Automotive repair technology startup Tradiebot has announced Dr Matthew David as the newest member of its executive board.
Electrician equipment company Klein Tools, headquartered in Illinois, US, has acquired ElMako, parent company of the Wattmaster and Alco brands.
The Australian Industry Group’s monthly Performance of Manufacturing Index recorded a result of 52.5 in January, indicating “a very mild recovery” compared to December.