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…

Factory made buildings now close to reality.

The blurring of construction and manufacturing that is the growing trend towards off-site pre-fabrication is fast becoming a reality in Australia. From residential homes to skyscrapers, buildings are increasingly being made on production lines that resemble factory operations before transport to a site and assembly. The latest paradigm shifting building to open its doors, 25…

Australian made makes waves with Chinese consumers.

Listed retailer AuMake International (ASX:Au8) is gaining traction in the giant Chinese online and home shopping markets with its range of Australian and New Zealand manufactured products. The company’s latest China market update reports rising sales in its retail shops and in Chinese so-called daigou markets. AuMake reports a significant price differential between China on-shelf…

BlueScope reports strong sales, billion dollar profits.

Multi-national steel and steel products group, BlueScope Steel (ASX: BSL) today reported robust sales and margins in all market segments. Chairman John Bevan told the company’s annual general meeting that earnings before interest and tax in the current year would be around 10 per cent higher than in the corresponding period last year, when they…