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Football Friday shemozzle costs business
Victorian businesses are paying a heavy penalty for Footy Friday according to a new survey of businesses conducted by the Australian Industry Group (Ai Group).
Rising dollar could end manufacturing recovery
The Australian dollar’s resurgence is threatening to put a stop to recovery in sectors such as manufacturing and tourism, according to some economists.
Emu Plains manufacturer struggling to fill 30 positions
A half-century-old recreational vehicle manufacturer in western Sydney is struggling to find employees to fill vacancies, it has said.
Reports Ericsson plans to cut 3,000 jobs, end Swedish production
Telecom company Ericsson will axe 3,000 jobs as it ends 140 years of production in Sweden, according to reports. Daily paper Svenska Dagbladet broke the news of plans to shut the last two remaining plants in the country, at Boras and Kumla. If it went ahead, it would mean job losses for about 3,000 of … Continue reading Reports Ericsson plans to cut 3,000 jobs, end Swedish production
Fonterra posts $807 million profit
New Zealand dairy giant Fonterra has announced a 65 per cent increase in net profit after tax to $807 million (NZ$834 million) for the financial year ended 31 July 2016.
McLaren strongly denies Apple acquisition talks
Luxury car maker and Formula One team owner McLaren has denied reports that it has been in talks with Apple over the latter acquiring or taking a strategic stake in the auto firm.
McCain Wendouree industrial dispute continues
An industrial dispute at McCain’s Wendouree site will continue into next week, with workers voting to reject a new enterprise bargaining agreement today.
Acting Premier’s Breezway visit highlights importance of QLD manufacturing industry
“The Acting Premier’s visit to innovative Queensland manufacturer Breezway today has highlighted the value of the referral of the State’s manufacturing industry to the Queensland Productivity Commission,” Ai Group Queensland Branch Head, Jemina Dunn, said today.
iPhone 7 manufacturing costs estimated in new report
Apple’s costs for its new iPhone 7 are “more in line” with its competitor Samsung, though still enjoys better margins, according to a teardown analysis by IHS Markit released this week.
Arrium Whyalla workers to have second vote on pay cuts
Opposition leader Bill Shorten has visited Arrium workers, who are poised to vote in favour of a pay cut, and pushed for a $50 million grant from the federal government to upgrade the Whyalla steelworks.
Victorian Manufacturing Showcase 2016 – October 18
The 2016 Victorian Manufacturing Showcase will again attract hundreds of the best and brightest manufacturers in Victoria to a day of innovation, inspiration and partnership building.
Laserbond wins Chinese technology contract
LaserBond has secured a contract to provide technology services for a Chinese minerals processing equipment manufacturer.
Carbon Revolution shares expansion plans
Geelong’s Carbon Revolution has shared its ambitious expansion plans, which include tripling staff to 300, achieving “real manufacturing” scale and raising an extra $50 million to help do so.
Shorten to meet Arrium workers, call for Turnbull to increase assistance
Bill Shorten will meet Arrium workers this afternoon, and will push prime minister Malcolm Turnbull to increase the government’s support from the $49.2 million loan pledged during the election campaign.
The state of digital transformation in Australia and New Zealand
Hitachi Data Systems has launched Taking Digital to the Next Level, a landmark study into the state of digital transformation in Australia and New Zealand.
SEW-EURODRIVE to open new facility in Mackay
Global drive technology specialist SEW-EURODRIVE has announced construction has begun on a state-of-the-art facility in Mackay to house its new Heavy Industrial Solutions Service Centre.
Manufacturing SMEs optimistic conditions will improve in Q4
Australian SMEs are generally unenthusiastic about the current environment and more optimistic about the year’s fourth quarter – a mood reflected by manufacturing SMEs – according to an economic survey released today.
Ergonomic work tables for auto, metal and engineering environments
Mechanical workshops, metalworking shops and heavy industrial businesses are environments where chemicals, heavy loads, and strenuous use necessitate robustness.
Port of Melbourne sold for $9.7 billion
The Port of Melbourne has been sold to a consortium including Queensland Infrastructure Corporation, Global Infrastructure Partners and Canada’s Borealis for $9.7 billion, a price the Victorian treasurer Tim Pallas called a “pleasant surprise”.
How Manufacturers Can Stay Competitive With The SMAC Stack
Most manufacturers are cautious by nature and are not racing to adopt new and emerging technologies. Instead, they are looking for ways to tweak their business models with minimum risk. The reality, however, is that here in Australia the local manufacturing sector remains vulnerable to international market conditions. To ensure a viable future, the entire … Continue reading How Manufacturers Can Stay Competitive With The SMAC Stack