Last week, the Australian government announced that Lendlease has been selected as the managing contractor for the construction of the Osborne South Shipyard and said that the project is anticipated
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BASF to acquire portion of Bayer’s agricultural businesses unit for $8.8b
BASF has signed an agreement to acquire significant parts of Bayer’s seed and non-selective herbicide businesses. Bayer intends to divest these assets in the context of its planned acquisition of Monsanto.
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ACCC report on electricity affordability, competition issues
The ACCC has published a preliminary report into the electricity market highlighting significant concerns about the operation of the National Electricity Market, which is leading to serious problems with
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IIC, Avnu Alliance announce liaison to boost TSN standards
The Industrial Internet Consortium (IIC), and Avnu Alliance (Avnu), a community creating an interoperable ecosystem of low-latency, time-synchronised, highly reliable networked devices using open standards,
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Epicurean Products uses QLD gov grant for advanced manufacturing processes
Sunshine Coast specialised food producer Epicurean Products is set to become an advanced manufacturer and improve efficiency thanks to a half-million-dollar Queensland government grant.
State Development
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Tesla voluntarily recalls 11,000 Model X SUVs worldwide
Tesla is in the process of recalling 11,000 Model X SUVs that have been manufactured between October 28, 2016 – August 16, 2017, worldwide because the company says the SUV’s rear seats might
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Alcoa smelter production capacity restored
The Victorian government has said that Alcoa’s Portland smelter has restored production capacity lost following a power outage in December last year that they say will boost the confidence for manufacturing
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QinetiQ opens in SA
UK engineering company QinetiQ has set up a new office in South Australia. The opening was done by Minister for Defence Industry, the Hon Christopher Pyne MP. The office looks to make more room for their
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Proposals flow in for SA’s Renewable Tech Fund
The SA state government has received 60 international proposals under its $150 million Renewable Technology Fund. The proposals included a diverse range of next generation renewable energy and energy
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Shareholders agree to $102b Praxair, Linde merger
Praxair has announced that it’s shareholders approved the business combination with Linde AG at Praxair’s special meeting of shareholders. This approval completes a key milestone in combining two
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Schneider launches EcoStruxure industrial software platform
Schneider Electric has announced EcoStruxure industrial software platform, an integrated, modular software suite that delivers rich functionality to address operational and business imperatives across
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NT takes the lead in 3D metal printing
The world’s first commercial LightSPEE3D metal printer located at Charles Darwin University in NT, has produced a copper flywheel that took 11 minutes and 38 seconds to produce at a cost of $4.60,
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Eaton expands industrial portfolio to meet environmental challenges
Eaton expands its current industrial portfolio to include ruggedised cabinets to support the growing trend towards digitalisation of process and communications and provide a safe, secure and available
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Relectrify develops new battery technology
Melbourne start up business Relectrify is launching its ground-breaking new technology to repurpose used batteries from electric vehicles for extended use, including in behind-the-meter household energy
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Lockheed Martin partners with two Australian universities for advanced manufacturing R&D
Last month, Lockheed Martin announced that it is partnering with the University of Sydney and RMIT University on Research and Development (R&D) projects to develop advanced technologies that will have
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GE and CSIRO’s Data61 partnership to boost navy fleet performance
GE and CSIRO’s Data61, have developed a data analytics solution that will give the Royal Australian Navy greater insights into their fleet engine performance and enhance operational efficiency.
GE supplies
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SA businesses apply for grants to create local jobs through Future Jobs Fund
More than 400 South Australian businesses have applied for grants and loans to help them expand their operations and create jobs under the State Government’s Future Jobs Fund program.
The value of the
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Iridium Dynamics receives QLD Government funding
Iridium Dynamics which is commercialising a world-first drone design has been awarded Palaszczuk Government Advance Queensland Ignite Ideas funding.
Minister for Innovation, Science and the Digital Economy
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Manufacturing in Australia slows down after record month
According to the Ai Group, Australia’s PMI fell by 5.6 points to 54.2 in September, indicating a deceleration in growth after August’s spike to a 15-year high (readings above 50 indicate expansion
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Toyota finally shuts its doors in Victoria
Workers at Toyota’s Altona manufacturing plant will clock off for the last time today. Toyota is the last passenger vehicle manufacturer to close its doors in Victoria.
According to the Labor government
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