Sponsored article For over 30 years, Modra Technology has been developing automation solutions for carpet manufacturers. Based in Warragul, Victoria, this family-owned business supplies machinery to over 200 clients in 35 countries, with a reputation for innovation in carpet sampling and creeling technology. A key driver of Modra’s recent growth has been the CreelMT™ Mobile,…
Plant-based food manufacturer Forbidden Foods has reported sales of $577,857 for the first two months of the calendar year, a 147 per cent increase on the corresponding period in 2024, as the company beds down its acquisition of Oat Milk Goodness (OMG) last September. In a statement on Monday, the ASX-listed company said the news…
Collapsed architectural glass maker Oceania Glass has been unable to find a buyer since going into administration earlier this month, with 56 employees made redundant ahead of the closure of its Dandenong factory. According to a statement from administrators Grant Thornton on Thursday, there is a potential for another 95 redundancies “over the coming weeks”…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) CEA Technologies wins $272 million Army radar contract A $272 million purchase by the federal government will see defence electronics company CEA Technologies deliver “up to 14 multi-mission phased array radars (MMPARs) for the Australian Army”. According to a short announcement from…
In response to mounting pressures to settle substantial debts, the owners of Whyalla Steelworks, led by GFG Alliance’s chairman Sanjeev Gupta, are actively pursuing new financing solutions to sustain operations. This development follows intense scrutiny from South Australia’s Premier, Peter Malinauskas, who recently visited Whyalla to engage with creditors and reinforce the urgency of financial…
Victoria recorded the highest number of manufacturing insolvencies in Australia in 2024, according to new analysis. This rise in business closures highlights ongoing struggles within the state’s manufacturing sector, exacerbated by high taxes, rising energy costs and extensive regulatory burdens. ASIC data reveals that during the term of the Albanese government, 415 manufacturing firms in…
Convergence Medical appoints new advisor Surgical robotics startup Convergence Medical, which announced a $US 5 million Series A round last month, has added Dr Kevin Plancher to its team as a strategist and advisor. In a statement from the company on Linkedin, the orthopaedic surgeon was quoted as saying “I am looking forward to working…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Applications open for CRC-P grants worth up to $3 million each Nominations opened on Thursday for Round 17 of Cooperative Research Centres Projects (CRC-P) grants, which offer between $100,000 and $3 million in matched funding for short-term (up to three-year) collaborative…
Industry association the South East Melbourne Manufacturers Alliance (SEMMA) has blamed factors including “poor policy, cheap imports, government over-taxing businesses and crippling union agreements” for Dandenong-based architectural glassmaker Oceania Glass falling into administration this week. In a statement on Wednesday, following news of Oceania’s collapse on Monday, SEMMA said it was “shocked” at another manufacturer…
Adelaide-based wire arc additive manufacturing business AML3D will continue its globalisation efforts, particularly in the US, with the raise of $30 million through a share placement. In a statement on Friday, the company said it has received firm commitments for the raise, at $0.19 per share. The proceeds will support initiatives including “more than doubl[ing]…
