REDARC’s expansion confirms SME sector strength.

Analysis by Peter Roberts. Since the fall of the dollar from its resources-boom highs manufacturing has been on the up with the small and medium size business (SMEs) sector now emerging as a star performer in the economy. Tentatively at first SMEs used up spare capacity, but now leaders such as Adelaide-based REDARC Electronics are…

Brickworks spends big to expand to the United States.

Leading Australian building products group, Brickworks (ASX:BKW) is to spend $151 million buying one of the US’s largest brick makers, Glen-Gery. The company announced it would buy America’s fourth largest brick maker to take it into new markets and as a basis for growth. Brickworks Managing Director, Lindsay Partridge said: “The acquisition of Glen-Gery represents…

Australia’s food and grocery sectors’ increasing importance to manufacturing industry is reflected in a report released today which finds it accounts for just over a third of the sector’s turnover. The Australian Food and Grocery Council’s State of the industry 2018 report shows fresh and processed food, beverages and groceries account for 36 per cent…