What were the five biggest stories of last year? Here’s what visitors to @AuManufacturing were reading. 5) Australia’s 50 Most Innovative Manufacturers for 2024 announced (April 18) @AuManufacturing’s Australia’s 50 Most Innovative Manufacturers for 2024 were announced to a full room at Cockle Bay Wharf’s rooftop L’Aqua venue. After a five-month campaign and the assessments of…
Electrical engineering manufacturer Ampcontrol has launched a new electric vehicle charger designed to support the electrification of the mining industry, the Ampcontrol MegaWatt Charger (pictured). The company, which showcased the new charger at The Electric Mine show being held in Perth, said the device was a solution that made electrifying mining operations a reality. The…
By Giles Parkinson The receivers and managers appointed to the Australian fast-charging company Tritium DCFC after its financial collapse last month say they are confident of sale after receiving interest from a ‘number of parties’. Tritium appointed KPMG to act as its voluntary administrators after deciding that the business could no longer continue as is,…
By Peter Roberts The once high flying electric vehicle charger manufacturer Tritium DCFC has succumbed to a litany of financial problems, with the appointment of voluntary administrators to its three Australian subsidiaries Tritium Pty Ltd, Tritium Holdings and Tritium Nominee. According to a brief statement to the US Securities and Excgange Commission – parent company…
New statistics from the Australian Securities & Investment Commission released halfway into the financial year show 243 manufacturing companies became insolvent during July – December 2023, compared to 235 and 84 for the same period in 2022 and 2021. In a statement from federal opposition industry spokeswoman Sussan Ley recapping recent collapses, the government’s “failed…
By Brent Balinski The Industry Growth Program, offering grants between $50,000 and $5 million to SME and startup commercialisation projects, started accepting applications on Monday. It will no doubt be useful to a long list of companies. However, the replacement for the Entrepreneurs’ Programme does nothing to address some bigger, more immediate problems. The mood…
By Peter Roberts As if it is not enough of a slap in the face for Australian technology companies the fact that carbon fibre wheel maker Carbon Revolution was bought by American investors for a song, the next step according to media reports is to manufacture in Mexico. According to Automotive News, the company born…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 1) Brisbane’s Tritium to move production to US NASDAQ-listed electric vehicle charger manufacturer Tritium has ended speculation about the future of its Brisbane factory and announced that it will move production to Lebanon, Tennessee, in a bid to…
NASDAQ-listed electric vehicle charger manufacturer Tritium has ended speculation about the future of its Brisbane factory and announced that it will move production to Lebanon, Tennessee, in a bid to break even. In a statement this week, Tritium said it would be “consolidating its global manufacturing operations into its scaled plant in Lebanon,” as well…
Energy Price Relief Plan aids manufacturers – claim The federal government claims it is delivering on cheaper energy for Australian manufacturers, with new figures showing a 1.5 percent decrease instead of the forecast 32.9 percent increase in energy prices. The figure was released by the government the day after the latest Australian Energy Market Operator…