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Daily Archives: August 8, 2023

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Ferndale Foods’ new $20m factory opens in Ballarat

Manufacturing NewsBy Peter RobertsAugust 8, 2023

Family owned confectioner and food manufacturer Ferndale Foods Australia has inaugurated its $20 million state-of-the-art food manufacturing facility in Ballarat, Victoria to produce ‘better for you’ bars and snacks. Once fully operational, the new facility – the company’s third – to be known as FoodLine Australia will have the capacity to manufacture 180 million bars…

LBT Innovations writes down major technology

Manufacturing News, TechnologyBy Peter RobertsAugust 8, 2023

Microbiology diagnostic equipment manufacturer LBT Innovations has fully written down the value of its major business centred on its APAS technology. The company has recognised a non-cash impairment of $13.4 million which is the full carrying value of the company’s intangible assets related to APAS, as well as a non cash write off of around…

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