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Sydney’s new trains to be made in China
According to reports, Downer Rail has sub-contracted all manufacturing duties of 24 double deck Sydney A or Waratah class trains to joint venture partner, China’s CRRC Changchun Railway Vehicles Co, with Downer itself providing the maintenance support for a minimum of 25 years. The Australian Manufacturing Workers Union criticised the award of the contract, saying … Continue reading Sydney’s new trains to be made in China
December 2, 2016 0 comment
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New tech hub opened in South Australia
South Australia has opened a new manufacturing technologies centre to help businesses grow by providing access to the state’s best researchers, financial institutions and global supply chains. The $1.2 million centre, situated in Adelaide’s northern suburbs at the University of South Australia’s Mawson Lakes campus, will help businesses identify methods by which they can adopt … Continue reading New tech hub opened in South Australia
December 1, 2016 0 comment
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ANCA enters Australian Export Awards Hall of Fame
Yesterday CNC tool grinding machine and technology company ANCA entered the Australian Export Awards Hall of Fame at the awards, held at Brisbane The company, which had won its category at the awards three times – in 2015, 2012 and 1995 – became only the 11th-ever inductee into the Hall of Fame. Co-founder and joint … Continue reading ANCA enters Australian Export Awards Hall of Fame
November 25, 2016 0 comment
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Siemens acquires Mentor Graphics
Siemens and Mentor Graphics have announced that they have entered into a merger agreement under which Siemens will acquire Mentor for US$37.25 per share in cash, which represents an enterprise value of US$4.5 billion. This acquisition decisively extends Siemens’ leading Digital Enterprise Software portfolio with Mentor’s electronics IC and systems design, simulation and manufacturing solutions. … Continue reading Siemens acquires Mentor Graphics
November 23, 2016 0 comment
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Stone & Wood mulls expansion to quench thirst for demand
Byron Bay beer maker Stone & Wood has been reported to be looking to further expand its largest brewery as sales jump by 60 per cent to more than $30 million as a response to rivals’ “corporate comb overs” – attempts by large global breweries to spur growth in the premium and craft beer segments by … Continue reading Stone & Wood mulls expansion to quench thirst for demand
November 23, 2016 0 comment
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Thales snaps up Collins sub sonar contract
The Minister for Defence Industry, the Hon Christopher Pyne MP, today announced that Thales Australia has been awarded a $100 million contract to design a major sonar system upgrade for Collins class submarines. Minister Pyne said Thales Australia will engage other Australian-based companies including Sonartech Atlas and L3 Oceania, as well as suppliers from the … Continue reading Thales snaps up Collins sub sonar contract
November 23, 2016 0 comment
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Trumpf and Siemens to collaborate on 3D metal printing
Trumpf and Siemens are joining hands to produce a software solution for optimised and streamlined additive manufacturing of metal parts with Trumpf printing machines – from part design to 3D printing. The two companies hope to industrialise laser metal fusion technology and make the additive manufacturing process for metal parts an integral part of the … Continue reading Trumpf and Siemens to collaborate on 3D metal printing
November 23, 2016 0 comment
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Turnbull trusts in a Trump TPP turnaround
With Asia Pacific leaders reaffirming their commitment to free trade at the Asia Pacific Economic Cooperation Summit in Peru, Malcolm Turnbull is “confident” that US president elect Donald Trump will “see the light” and do an about turn on his protectionist stance against the Trans Pacific Partnership (TPP). Currently it looks to be headed for … Continue reading Turnbull trusts in a Trump TPP turnaround
November 22, 2016 0 comment
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CSIRO set to improve chemical manufacturing
CSIRO has launched its “FloWorks” Centre for Industrial Flow Chemistry today in Clayton, Victoria. The aim of FloWorks is to provide cutting-edge research into flow chemistry capability, making it more accessible to the chemical manufacturing industry. Senior research scientist with CSIRO’s manufacturing sector and Director of the new centre, Dr Christian Hornung, said flow chemistry … Continue reading CSIRO set to improve chemical manufacturing
November 22, 2016 0 comment
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Cochlear loses US patent appeal
ASX-listed Australian hearing implant manufacturer Cochlear has lost a court case in the US over two disputed hearing aid patents. In a ruling delivered last Thursday, the [US] Court of Appeals for the Federal Circuit ruled in favour of the Alfred E. Mann Foundation (AMF), confirming that defendants Cochlear infringed on two claims of AMF … Continue reading Cochlear loses US patent appeal
November 22, 2016 0 comment
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3D printed organ company to open in Brisbane in 2017
In a first for Australia, The Courier Mail has reported this morning, the Herston Biofabrication Institute, to be opened in late 2017, will be manufacturing human tissue, bones and eventually even organs. Eventually employing up to 60 researchers, the Institute will also develop capabilities of advance medical technologies such as 3D printing and computational medicine. … Continue reading 3D printed organ company to open in Brisbane in 2017
November 22, 2016 0 comment
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OPINION: Should Australian companies set executive pay to a US benchmark?
It’s the time of the year when company boards and executives face their shareholders at annual general meetings. Boards will be asked to explain the pay packages of executives. Already some have been called into question. Some Australian companies cite the need to rely on the United States as a benchmark when it comes to … Continue reading OPINION: Should Australian companies set executive pay to a US benchmark?
November 22, 2016 0 comment
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Schaeffler cuts jobs but Asia Pac remains unaffected
In a bid to re-strategise its business plans for growth in 2017, German bearing maker Schaeffler has announced that it looks to shave off 500 jobs at its industrial division in Germany and other European countries. The company has cited the move was due to slow delivery chains and overly centralised sales operations and mentioned … Continue reading Schaeffler cuts jobs but Asia Pac remains unaffected
November 22, 2016 0 comment
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Kion completes Dematic acquisition
Materials handling company, the Kion Group, has successfully completed its $2.1 billion dollar (A$2.86 billion) acquisition of automation and supply chain optimisation specialist Dematic earlier this month. With the acquisition, the Kion Group will now feature a suite of products ranging from forklift trucks to AS/RS solutions. “The transaction brings together the world’s most profitable … Continue reading Kion completes Dematic acquisition
November 21, 2016 0 comment
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The real issues with the 457 visa aren’t being addressed
Australia’s 457 visa system is back in the news again. If you believe Labor, the 457 visa is a rort allowing foreign workers to steal Australian jobs. The government, on the other hand, defends it as a way for Australia to meet skills gaps in the economy. Misunderstanding the problem is leading to wrong solutions … Continue reading The real issues with the 457 visa aren’t being addressed
November 21, 2016 0 comment
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AusNet profits fall by 52 per cent
Victorian energy company AusNet Services’ first-half statutory net profit has fallen by 52 per cent on its previous year’s result. Net profit for the six months to September 30 was $178.6 million, down from $374.5 million a year earlier. AusNet Services is Victoria’s largest energy delivery service business, owning and operating approximately $11 billion of electricity … Continue reading AusNet profits fall by 52 per cent
November 18, 2016 0 comment
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BlueScope launches workplace safety app
BlueScope Steel has partnered with TOLL, K&S Transport and Buzinga App Development to improve health and safety methods for their employees and contractors through the safety app, ‘SteelDrive’. The app, launched in June, 2016 and now available to Android users, allows truck drivers to document the restraining and transportation of steel, through photo-taking, GPS-tracking, and cloud-based … Continue reading BlueScope launches workplace safety app
November 17, 2016 0 comment
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Talking robots will soon be here
Voice recognition software maker Nuance Communications has announced that robot maker ROOBO will be using the Nuance Mix NLU development platform, which provides voice and natural language (NLU) capabilities, to create conversational and cognitive interfaces for ROOBO robots and devices. Additionally, Nuance and ROOBO are set to collaborate on future integrations of Artificial Intelligence (AI) to advance … Continue reading Talking robots will soon be here
November 17, 2016 0 comment
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Did Murray Goulburn overstate its earnings?
A forensic accountant has alleged that dairy processor Murray Goulburn may have overstated its earnings and even lost money in the last financial year. It was claimed in early November that its treatment of the milk supplier support program in its accounts was wrong. This in turn has led to dairy farmers doubting whether they’ll get repaid, … Continue reading Did Murray Goulburn overstate its earnings?
November 16, 2016 0 comment
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On to grader things
Mount Waverley’s GP Graders has helped reshape the way stone fruit and other produce is sorted around the world, introducing automation to an area that’s sometimes been reluctant to embrace it. Brent Balinski spoke to the company’s Director, Stuart Payne.
October 18, 2016 0 comment