CMTP evolves from pallets to modular housing

Colac, Victoria manufacturer CMTP is expanding its successful pallet and crate business to embrace the growing modular housing sector. Founded in 1976, CMTP employs around 270 staff across eleven manufacturing sites, also making produce bins, cases, specialty air freight crates for live animals, and supplies cardboard and general packaging. Managing Director Travis Meade said a…

Manufacturing news briefs – stories you might have missed

Altech receives commitments for another $2.5 million in investment Altech Batteries announced on Monday that it has received binding commitments for shortfall shares, following a non-renounceable entitlement offer, raising an additional $2,538,000 before costs. Total proceeds worth $15,838,208 have now been raised, including $3,000,000 from the recent placement, as well as the allocation of $12,838,208…