The federal government intends to change the Export Market Development (EMDG) grants scheme, which would be available to those with revenues under $20 million, shift from reimbursement to grants, and become simpler to apply for.
Swiss-headquartered Bucher Municipal has announced that it will acquire Richards Coach Works for an undisclosed amount.
Anthony Pratt, the executive chairman of packaging company Visy Industries, has said he believes manufacturing is coming back into style in Australia after demonstrating its importance during the pandemic.
The Western Australian government announced $485,000 in funding to support a feasibility study around establishing an advanced manufacturing hub in Bunbury.
Businessman Peter Verwer will lead a Global Business and Talent Attraction Taskforce, which will initially focus on advanced manufacturing, financial services and health.
Siren Cameras has earned $178,250 in co-investment from the Advanced Manufacturing Growth Centre as the startup prepares to establish local production for its novel dual-lens fishing camera and app.
The Thales Protected Vehicles facility in Bendigo is preparing for full rate production of the Hawkei, with 1,100 vehicles and 1,058 associated trailers to be delivered to the federal government.
Listed health and beauty products manufacturer Star Combo Pharma has announced that it will increase capacity at its nutraceutical manufacturing site in Smithfield, in Sydney’s southwest, through an $11 million investment including in 13 new production lines.
Grants totalling $731,000 have been awarded to seven enterprises under the NSW government’s Circulate Program, managed by the state’s EPA, aiming to decrease waste of glass, textiles, food and other materials.
TAE Aerospace has increased its engine maintenance work for the Air Force and is working with General Electric International Incorporated (GEII) to export its innovations, according to the defence minister.