According to a report today, losses at Arrium’s Whyalla steelworks have been reduced to an estimated $11 million for next financial year, though doubts remain that it will attract a buyer.
Read More
Murray Goulburn increases profit despite turmoil
Dairy co-operative Murray Goulburn has increased net profit by 61.2 per cent, despite a turbulent year in which it retrospectively cut its farmgate milk price.
Read More
Read More
Deal on Arrium Whyalla wages could be announced this afternoon
According to the administrator involved, a deal on pay reductions for Arrium workers could come as soon as this afternoon.
Read More
Read More
Pental hoping Chinese dairy demand extends to goat’s milk soap
Laundry products maker Pental has said it hopes to capitalise on the Chinese demand for Australian dairy products after recently delivering its first shipment of goat’s milk soap.
Read More
Read More
Flexco launches belt trainer for conveyor tracking
Flexco has released the PTEZ Belt Trainer tracking idler for its line of belt trainers. Designed with the company’s “Pivot and Tilt” feature, it can be used in any application that requires tracking
Read More
Read More
GE buys out Doosan’s Steam Generator Business
GE Power has announced that it has completed the acquisition of the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $USD250 million.
Originally announced in May,
Read More
Read More
Modern adhesives – a key manufacturing technology of the future
In recent years, the use of modern adhesive technologies has become increasingly prominent in the industry. There is a good reason for this, as high-performance adhesives deliver numerous advantages for
Read More
Read More
Ansell considers sexual wellness divestment
Ansell’s full-year profit fell 15.1 per cent, with the company apparently mulling the sale of its sexual wellness division to focus on safety gear.
Read More
Read More
Bottled water leads the way for Coca-Cola Amatil
Coca-Cola Amatil is seeing improved bottled water sales and market share in the year’s first six months.
Read More
Read More
Cochlear tops billion-dollar revenue mark for first time ever
Australian hearing implant manufacturer Cochlear has topped annual revenues of $1 billion, an increase 23 per cent on the year before.
Read More
Read More
Whyalla tense as Arrium future remains uncertain
The uncertain future of the Whyalla’s main employer, the Arrium steelworks, continues to trouble the city, with a significant capital injection needed to make the plant competitive again.
Read More
Read More
Downer switches focus due to mining downturn
ASX-listed Engineering company Downer EDI saw a 14 per cent drop in net profit, beating expectations, and said its strategy will involve targeting more rail and bus contracts.
Read More
Read More
Whyalla community updated on Arrium
An informal meeting was held last night at Whyalla, with Arrium administrator KordaMentha briefing an audience and explaining the need for a new pay agreement and energy solution to assist with the sale.
Read More
Read More
Morgan Stanley to sell Arrium minus Moly-Cop
Morgan Stanley will run the sale process for Arrium Australia – the steel and iron ore group minus Moly-Cop – with the mandate to pursue a trade sale rather than ASX listing.
Read More
Read More
Manufacturers demonstrate why more SMEs are looking abroad in the coming year
The future is promising for manufacturing exports, with economic conditions offering excellent opportunities for manufacturers. A number of recent developments have created these favourable conditions.
Read More
Read More
OPINION: Unlike in Australia, US elections are all about manufacturing
Unlike our previous election, in fact unlike our past three federal elections, in the US, both candidates for president are vowing to revitalise and resurrect the U.S. manufacturing industry.
In fact,
Read More
Read More
INFOGRAPHIC: Rare earth metals supply and where it is found
Rare earth elements and their compounds are a crucial part of our everyday technologies. But our demand for these precious elements are growing, and the world’s supply is not evenly distributed.
Below
Read More
Read More
New gen robots cutting weld time by up to 90 per cent
Servicing, Maintenance and Welding (SMW) Group provides field servicing, maintenance and emergency repair and rebuild services to customers in Central Queensland.
The company also provides complete plant
Read More
Read More
OPINION: Are Australian companies doing enough to transform themselves?
When I first saw the results of IFS’s Digital Transformation Survey of nearly 500 senior decision makers in 20+ countries, I was surprised that only 50 per cent of respondents in Australia said they
Read More
Read More
New waveguide bends across 12 frequency bands
Pasternack has released a new line of waveguide bends from 5.85 to 90 GHz across 12 frequency bands, from C band to W band.
These waveguide bends are commonly used in applications such as instrumentation,
Read More
Read More