State government-backed venture capital fund Breakthrough Victoria has become an investor to the tune of $2 million in protein business Harvest B, which makes ingredients and blended meats using Australian wheat. According to a statement from BV on Friday, the investment will benefit “the affordability, nutrition, and sustainability of protein offerings”, and strengthen both the…
New guests have been added to @AuManufacturing‘s upcoming Spotlight on Scaling Up event, with Quickstep Acting CEO Demi Stefanova and Harvest B Co-founder and Chief Commercial Officer Alfred Lo announced as panellists. Stefanova and Lo, leaders from a composites specialist and food technology startup respectively, will appear in conversation with Advanced Manufacturing Growth Centre Chair Paul…
Alpha HPA begins work on second stage battery metals plant Aluminium chemicals company Alpha HPA has begun site construction activities for Stage 2 of its $500 million high purity alumina battery metals precursor plant at Gladstone, Queensland with with earthworks activities now underway (pictured). The plant is capable of producing 10,000 tonnes of HPA equivalent…
Food ingredient company Harvest B has announced that it will launch lamb and beef blended meat products, which it says are world firsts and have been developed to make animal meat more affordable, sustainable and nutritious. In a statement on Tuesday, the company said it will collaborate with the animal protein industry to offer a “50:50…
An industrial site at Penrith acquired by Aon Ari Property in December 2020 for the purpose of housing a collection of manufacturers has officially opened, with its owner pledging “to revolutionise how small manufacturers do business in Sydney”. In a statement from Aon Ari on Thursday, 12 tenants are already operating at the site, which…
a2 Milk Company grows despite decline in China market The a2 Milk Company, which pioneered the use of a2 proteins in milk as a healthy alternative, has reported positive results for 1H24. Revenue was up 3.7 percent to $812.1 million and EBITDA profit up five percent to $113.2 million despite a double-digit decline in the…
Great Wrap launches compostable machine pallet wrap Stretch wrap business Great Wrap has launched a new machine pallet wrap (pictured) made from compostable biopolymers. The company took to social media and said: There has been a lot of research, trials, and material development happening behind the scenes to get it ready for launch. Pallet wrap…
Plant-based ingredients manufacturer Harvest B has announced that it will begin sales to consumers through Woolworths’ Healthylife.com.au online platform. According to a statement from Harvest B, which launched a factory at Penrith in December last year, it will offer consumers 330 gram – 350 gram packs, including diced and shredded products in lamb, chicken, beef…
On Monday we published part one of this article, concerning what a scaleup company is and why they matter. Today we conclude by looking at what they need. By Brent Balinski. There are 25,000 tonnes of wet wipes thrown out by Australians every year, all made of polyester or polypropylene and therefore non-biodegradable, and almost…
In the first part of a two-part series we consider the importance of scaleup manufacturers. Brent Balinski spoke to some fast-growing manufacturers and other experts about the subject. Adam Gilmour describes himself and his team as “super-busy” assembling an orbital launch vehicle and launch site when asked. Gilmour Space Technologies has been focussed on rockets…