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.
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NCIA gets second tile factory approval; 70 new jobs created
Ceramic tile manufacturer, National Ceramic Industries Australia (NCIA) has received New South Wales Government approval for a multi-million dollar factory expansion plan for its Rutherford-based tile manufacturing facility.
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Fletcher Building’s Formica acquires German manufacturer for $37m
New Zealand-based building materials manufacturer and distributor Fletcher Building has announced that its Formica business will acquire metal and specialty laminates manufacturer and distributor, Homapal Plattenwerk for EUR$30 million (approximately A$37 million).
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Fletcher Building’s Formica acquires German manufacturer for $37m
New Zealand-based building materials manufacturer and distributor Fletcher Building has announced that its Formica business will acquire metal and specialty laminates manufacturer and distributor, Homapal Plattenwerk for EUR$30 million (approximately A$37 million).
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Boral sells construction materials business for US$135m
Building and construction material supplier Boral today annouced that it will sell the Indonesian Construction Materials Business for US$135 million to Siam Cement Group (SCG), Thailand’s largest cement company.
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Chinese subsidies put local steelmakers at unfair disadvantage, says ASI
Australian steelmakers are at a disadvantage due to Chinese Government subsidies and the undervalued yuan, the Australian Steel Institute (ASI) says.
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Kresta installs state of the art fabric cutting machines at Malaga
Following the sale of one of its factories in Malaga, Western Australia, blinds and shutters manufacturer Kresta has announced the purchased of state of the art fabric cutting machines.
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Kresta Malaga WA factory sold for $4.8m
Blinds and shutters manufacturer Kresta has sold one of its Malaga factory in Western Australia for $4.8 million following a review of its manufacturing operations.
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Infrastructure investment will balance two-speed economy: analyst
What Australia really needs is an infrastructure investment-led productivity drive to bring balance to the two-speed economy, according to analyst forecasting.
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Manufacturers recognised for new innovations at National Water Week
Local manufacturers have been recognised in the Smart Approved WaterMark Product of the Year Awards for 2011, announced during National Water Week.
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Collaborative design now the key to sustainable manufacturing
Manufacturing business models look set for a major upheaval with calls for more collaboration and new ways of thinking with sustainable design and manufacturing processes.
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Regulator finds 20% of solar panel installations are dangerous
The National Electrical and Communications Association (NECA), continued calls for governments at all levels to work together to stamp out dodgy solar installers and protect consumers following official government figures that show many installations are dangerous.
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Free earthmoving technology for MM readers!
While there might be no such thing as a free lunch, Frank Chara of Mini Driveway Grader & Earthworks is offering Manufacturers' Monthly readers some exciting new technology set to have a dramatic impact on a new generation of earthmoving equipment for free.
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Sydney doors manufacturer gets foot-hold in lucrative US building market
Sydney manufacturer of hardware for sliding and folding doors, the Brio Group, has gained a foothold in the lucrative US building market and opened a new subsidiary, Brio USA Inc.
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Steel industry embracing sustainable building
The Australian Steel Institute’s (ASI) inaugural Leading Environmental Performance Awards held last week are proof that the steel industry is embracing sustainable building practices, says the Green Building Council of Australia (GBCA).
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Pro Plaster Products starts manufacturing in Brisbane after 15 years importing
Pro Plaster Products has begun manufacturing drywall finishing compounds in at a new facility in Brisbane, after 15 years of importing all its products.
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72 jobs lost as Kresta moves blinds manufacturing to Asia
Blinds and shutters manufacturer Kresta will make 72 workers redundant and move its venetian blinds manufacturing to Asia, as part of a ‘strategic review’ which will see the company streamline its Australian operations to save costs.
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Sydney solar panel warning: one in five at risk of fire
Only one in five solar panels have been installed correctly across Sydney, posing widespread safety risks related to dodgy wiring, according to research from the Department of Climate Change.
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Composite roofing manufacture starts in SA
Australian thermal building products company Bondor has started manufacturing insulated roofing products using composites technology at its manufacturing plant in South Australia.
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Hunter Valley chosen over Victoria for new $15m manufacturing plant
A new manufacturing plant worth $15 million has just been approved for the Hunter Valley region, over the more popular state for manufacturing, Victoria.
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