Push for manufacturing hub making timber products as hard as steel
A new hub making manufactured timber as strong as steel is being investigated in Australia’s ‘green triangle’.
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Lessons in Resilience – technology can help plan for disruption
Every day Australian manufacturers face numerous challenges from economic ups and downs, changes in consumer demand, and technology shifts. A company’s technology choice is one of the key insurances manufacturers can take out against such disruptions, according to Director – Solution Engineers, ANZ at Epicor Ian MacDonald, one of four leaders taking part in our…
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Aurora Labs begins printing with new AL250 3D Metal Printer
Metal additive manufacturer Aurora Labs (A3D) has launched its new AL250 Printer with the first model now ready for commercial printing in A3D’s Industrial Print Services Business in Perth. The printer will bolster print capability in the Print Bureau and demonstrate to potential customers the capabilities of A3D’s machines to help boost future printer sales.…
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Flow battery maker Redflow goes into administration
By Peter Roberts Zinc bromine flow battery manufacturer Redflow has gone into voluntary administration after failing to secure new funds from investors. The company, which manufactures its Australian developed batteries in Thailand, has appointed Richard Hughes and David Orr from Deloitte as administrators. Redflow was one of the first to launch a commercial zinc flow…
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$170 million Hanwha armoured vehicle factory opened
The Deputy Prime Minister and Minister for Defence Richard Marles has opened the $170 million Hanwha Armoured Vehicle Centre of Excellence (H-ACE). Located at the Avalon Airport Precinct in Victoria, the facility will manufacture the Huntsman and Redback families of armoured vehicles. Space is provided for suppliers to locate on site to make vehicles for…
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Manufacturing news briefs – stories you might have missed
Starpharma’s loss, strong financial position Biotechnology company Starpharma‘s loss narrowed during FY24 by 48 percent from $15.6 million to $8.2 million. Net cash outflow of $11.8 million was down $7.4 million from FY23 on revenue up 132 percent to $9.8 million. Revenue included a one-time $6.6 million cash payment from Mundipharma on termination of a…
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Regional manufacturers setting the pace compared to city competitors, CommBank says
Regional manufacturers are more positive about their future than those in the city and setting the benchmark for industry sustainability, according to a new CommBank report.
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Neumann Space propulsion system tested in orbit
In-space electric propulsion developer Neumann Space has successfully tested in orbit its Neumann Drive electric propulsion system based on solid metal propellants. Neumann and the University of Melbourne announced the drive and a number of other local technologies that had been integrated onto the SpIRIT nanosatellite had been successfully tested. The Space Industry Responsive Intelligent…
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Manufacturing the number one target for cyber criminals
New cyber threat intelligence reports have labelled manufacturing as the most targeted industry for cyber threats.
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Ingham’s expands, automates to improve results
Food producer and manufacturer Ingham’s Group has reported an EBITDA of $471.1 million for FY24 up 12.6 percent on FY23 as it focused on acquisitions and capability, capacity and network resilience. NPAT was up 68 percent to $101.5 million on revenue up 7.2 percent over the previous corresponding period to $3.3 billion. Inghams CEO and…
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