Calix moves from loss to profit Industrial chemicals and process technology company Calix today reported strong sales and profit growth in water treatment business which underpins commercialisation in processing, biotechnology, battery materials and CO2 mitigation. The company moved from a loss to a profit of $3.06 million in the half year to December 31 on…
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Geelong carbon fibre road wheel manufacturer Carbon Revolution has given new details of its plans to raise output through the construction of new mega-line production equipment. The company announced revenue down 14.1 per cent in the first half but said it expected growth in existing wheel programs and the award of new wheel contracts for…
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Vitamin manufacturer Blackmores is achieving positive results from a three-year turnaround enabling it to increase sales and market penetration in fast-growing Asian markets and build a new business in pet supplements. The Sydney company today reported underlying earnings before interest and tax up 15 per cent to $30.8 million in the half year to December…
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Both Australia’s primary steel makers are moving closer towards making steel using green hydrogen following a move by Liberty Steel which operates the Whyalla steek works in South Australia. On Monday @AuManufacturing reported BlueScope Steel was considering the future of the Port Kembla works in New South Wales after its number five blast furnace reached…
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Axiom Precision Manufacturing, M & I Samaras and Jehbco Manufacturing have collectively been awarded $2,092,340 in Sovereign Industrial Capability Priority grants.
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The Australian Academy of Science has pushed for federal investment in local Covid-19 vaccine manufacturing capacity.
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The federal government has given the Productivity Commission the task of reviewing Australia’s supply chain vulnerabilities and risks following the shocks of the Covid-19 pandemic. The Productivity Commission will look at Australia’s supply chains, as well as longer term trends in relation to Australia’s linkages and dependencies on international trade and assess whether vulnerabilities or…
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Aerospace composites manufacturer Quickstep has reported steady growth in sales for the first half of FY21 with sales up eight per cent to $41.5 million, the rise attributable to the company’s involvement in making tail sections for the F-35 Lightning jet fighter. However the rising Australian dollar hit EBITDA margin as did the end of…
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International shipbuilder Austal has accepted the resignation of its US President Craig Perciavalle following the completion of an investigation into cost escalations of Littoral Combat Ships (pictured) the company is building for the US Navy. Investigations by US regulatory authorities focused on Austal USA’s write back of work in progress attributable to the LCS program,…
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Redarc Electronics has announced an Industry 4.0 technology and training project, which is receiving $399,770 in support through an Advanced Manufacturing Growth Centre grant. According to a statement, it will further develop the project lead’s workforce, Industry 4.0 technology adoption, and business processes “through collaboration with key supply chain partners and expert local service providers.” …
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