Brickworks is predicting an increase in its first-half earnings, boosted by the recent sale of joint venture land at Eastern Creek.
Concern is growing in parts of the construction industry about a downturn in locally made steel, cement, and other products, according to Master Builders Australia senior economist Peter Jones.
Analysts predict that companies manufacturing building materials will take cost cutting measures when their half-year results are announced next month.
A NSW manufacturer says imports from China and the high Australian dollar are threatening the manufacturing sector, and companies need to diversify in order to survive.
Unions are demanding that big resource and infrastructure companies benefiting from taxpayer assistance procure domestic products.
AWU’s national secretary Paul Howes has criticised Boral’s handling of the 700 redundancies announced yesterday and called for the government to take action on last year’s Prime Minister’s taskforce report.
Building products supplier Boral has announced that it is shedding 700 jobs, following a 100-day review by CEO Mike Kane of the business.
Queensland-based building fitting and fixture supplier GWA Group hopes to save $4 million a year by cutting 230 jobs.
Boral has announced that production of clinkers will be suspended at its Waurn Ponds plant, which will affect 90 jobs.
A modular homes maker based in New South Wales has become the latest victim of the manufacturing downturn after collapsing into administration.
Kitchen manufacturer Australian Kitchen Industries (AKI) has entered into voluntary administration, announced administrator HLB Man Judd.
Two UNSW-developed technologies have been recognised with Collaborative Innovation Awards at the Cooperative Research Centres Association conference in Adelaide recently.
Australia is lagging behind Asia, the US and Europe when it comes to manufacturing clean energy technology, a report has found.
A new CSR Gyprock plant at Yarraville, Victoria, was officially opened in May, securing 160 manufacturing jobs and hiking production by 45%.
The production process uses no raw materials. The tile production is a continuous process of recycling materials life after life, using no raw materials. Madeline Prince and Alan Johnson report.
Style Limited, a publicly-listed ‘green’ building products manufacturer, has been placed in voluntary administration following a decline in the housing construction market.
A tough construction and building market has lead to unimpressive half-year financials for Austral Bricks supplier Brickworks, recording an 18.8% slump in profits, however the company is confident that a new direction will shelter it from the storm.
Melbourne-based manufacturer, Atherton & Sons, has integrated IFS’s mobile field service operations with ERP following its failed first-generation solution for technicians using mobile devices in the field.
Ausco Modular, an Australian manufacturer of modular infrastructure, has won the contract to supply construction facilities for the new Royal Adelaide Hospital, currently South Australia’s largest construction project.
OneSteel today announced another dismal half-yearly result, with a statutory net loss after tax of $75 million for the six months to 31 December 2011. In an effort to diversify away from unprofitable steel manufacturing the company has increasingly turned its attention to mining.