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
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
A new report from Forrester has identified and compared the top 11 IoT software platform providers for this quarter. According to the report, IBM, PTC, GE and Microsoft lead the pack, while AWS, SAP and Cisco Jasper offer competitive options, and LogMeIn, Ayla Networks, Exosite and Zebra Technologies lag behind. Forrester evaluated vendors based on 25 … Continue reading The top IoT software platforms for 2016
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
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
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
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
According to a recent article in Forbes, America’s manufacturers are getting very worried. As you read this, a number of influential US manufacturers and their associated industry representatives are urging President-elect Donald Trump to back off from his most threatening trade rhetoric. They want him to pursue a more nuanced approach to trade with China … Continue reading OPINION: So how will the manufacturing sector respond to President Trump?
Bolstered by rapid consumption growth and increasing customer needs in the Asia Pacific region, leading food processing and packaging solutions company Tetra Pak today announced their US$110 million investment in a state-of-the-art regional manufacturing facility near Ho Chi Minh City, Vietnam, to serve customers across the region. The move is prompted by increasing consumption volumes, … Continue reading Tetra Pak expands regional manufacturing footprint with US$110 million Vietnam factory
US-based Hypertherm has released Rotary Tube Pro, software that makes it easier to design and cut tube and pipe parts with no 3D CAD experience required. The software features a parametric design interface that allows main tubes and side-wall cutouts to be added from a list of predefined shapes. Alternatively, users can add tubes and … Continue reading New pipe and tube cutting software
Spreading the adoption of Industry 4.0 technologies among Australian manufacturers is vital to lifting their international competitiveness, according to the Australian Manufacturing Growth Centre. Brent Balinski spoke to the group’s chair, Andrew Stevens, about a new partnership aimed at encouraging this adoption.
The outlook for Australian exporters is a positive one, according to the Australian International Business Survey 2016, an annual survey of Australian small business exporters.
Donald Trump’s victory promises a further departure from the traditional Asia-Pacific order created during the Cold War years. This was when the US provided military and economic dominance through a system of defence alliances with the major trading partners in the region, including Australia.
According to the Australian Competition and Consumer Commission released this week, stevedoring costs are at their lowest point since records began.
The Australian Food and Grocery Council releases its State of the Industry annual report today, and despite a healthy growth in export figures, has pointed to a strain on the industry through energy costs.
The brand new Doing Business in Europe symposium is fast approaching, with a small number of audience places still available for manufacturers wanting expert perspectives and exclusive networking opportunities.
WHEN Australia stops for the Melbourne Cup on Tuesday, workers at a small manufacturing company in the Adelaide Hills will have more riding on it than just the office sweepstake.
Some of the issues faced by Britain’s industrial sector will sound familiar to Australians. It turns out we may be able to help, too, as Dr Mark Priest of Harrogate Partners, and Advanced Manufacturing Adviser to the UK’s Department for International Trade, tells Brent Balinski.
Not too long ago, when Western CEOs pondered China’s fast-growing market and billion-plus potential customers, their eyes would fill with dollar signs. But these days, thoughts of China are more likely to elicit serious soul-searching, as some of the companies that eagerly dove into China have withdrawn.
Water delivery system maker Zip Industries, majority-owned by Quadrant Private Equity, is considering an ASX float worth $500 million.