Rapid welding equipment manufacturer K-Tig is back in business having escaped administration through a downsizing and refinancing operation. Administrators KordaMentha announced that creditors had approved a rescue package that will result in the company returning to normal operations recapitalised, and with a smaller cost base. Under a Deed of Company Arrangement, K-Tig management has been…
Wire arc additive manufacturing specialist AML3D has announced its attainment of AS9100D:2016, an aerospace standard Quality Management System accreditation. According to a statement from the company on Tuesday, the accreditation will enable it to manufacture flight and non-flight components, certified for the aviation, space and defence industries. The QMS covers quality assurance and risk management.…
Weld Australia will launch of two free online welder safety training courses in April: one for welders, and the second for welding engineers and supervisors. In a statement on Thursday, Weld Australia’s CEO Geoff Crittenden said that welding is a potentially dangerous process, undertaken across a wide range of locations and situations, and each has…
Automated welding manufacturer K-TIG has gone into administration, with Korda Mentha appointed as administrators. No reason was given for the move. Administrators have been appointed to K-TIG as well as a subsidiary Keyhole TIG Pty Ltd. The appointment does not extend to Keyhole TIG (USA) Inc. and Keyhole TIG (UK) Ltd which are continuing to…
Automated welding company K-TIG has announced that an acquisition of UK’s Graham Engineering Limited (GEL) will not go ahead, blaming a challenging environment and GEL’s trading performance. In a short statement on Friday morning, the company confirmed that the planned acquisition – first shared by company in January last year, and aimed at gaining K-TIG…
JAG Welding has been awarded $794,146 in grant funding by the Queensland government, which the company says will help it invest in installing a new robotic welding arm and software. According to a statement on Wednesday from state manufacturing minister Glenn Butcher, the project will create an estimated “15 new full-time jobs and up to…
Winners of Weld Australia’s NSW and ACT Welding Excellence Awards were named at an event in Sydney on Wednesday night. The industry peak body held the event at Waterview in Bicentennial Park, Sydney, and described them as showcasing and celebrating “the world-class work being undertaken by local welders, fabricators and industry educators” over the last…
Geelong Victoria large tank manufacturer Brockman is hoping to utilise its Geelong connections to build on its sophisticated welding skills to move into the defence realm building the kind of tanks that feature on the battlefield in Ukraine. Founded in 1922, Brockman is known for its bespoke bulk water and fuel storage tanks — some…
A new suite of learning resources from Weld Australia for the critical fields of welding and fabrication is gaining rapid industry uptake according to the peak industry body. Weld Australia designed and created the resources for delivery of the 12 welding and fabrication units of competency in the Manufacturing and Engineering (MEM) Training Package. The…
Rapid welding technology manufacturer K-TIG has failed to meet its planned transaction date for the purchase of UK advanced manufacturer Graham Engineering Limited (GEL). The company’s share purchase agreement (SPA) to acquire the business as an entrée to the UK nuclear decontamination field reached its sunset date of 31 August with a number of conditions…
