Bluetooth 5 has been released (succeeding Bluetooth 4.2), with the upgrade focusing on IoT applications and improved functionality. When compared to the previous version, improvements include eight times the capacity, two times the speed and four times the range. Specifically, Bluetooth 5.0 has increased its data broadcasting capacity by 800 per cent, and doubled its … Continue reading Bluetooth 5 now available for manufacturers
A research consortium led by Bosch is developing a novel industrial manufacturing concept. The nine partners on the ReCaM project aim to create a highly versatile manufacturing system. Such systems are needed because production times in modern manufacturing are becoming ever shorter. In addition, demand for customized products is increasing, and the number of variants … Continue reading Bosch & Co retool manufacturing concepts
The Westpac-Melbourne Institute SME Index (SME Index), which examines the economic health of Australian small and medium sized enterprises, has revealed a significant improvement in business confidence, shifting from 95.6 in Q3 2016 to 100.7 in Q4 2016. Westpac’s General Manager of SME Business Bank, Julie Rynski said, “The strong increase in business sentiment is … Continue reading Westpac finds SMEs are feeling optimistic about 2017
In June last year, it was announced that Australia’s manufacturing sector had achieved year on year expansion recording the longest unbroken period of growth in a decade. Although that sounds like good news, manufacturers now face another issue. How do they fill the open jobs with engaged workers who will drive the innovation required to … Continue reading Are millennials a manufacturing innovation opportunity?
Australia’s innovations will grow into successful businesses with help from the CSIRO Innovation Fund, a $200 million fund to commercialise early stage innovations from CSIRO, universities and other publicly-funded research bodies. The CSIRO Innovation Fund, launched today, will support co-investment in new spin-out and start-up companies, and SMEs engaged in the translation of research generated … Continue reading CSIRO to spend $200m on Aussie innovation
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
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
Nvidia and Fanuc Corporation have announced that they will be collaborating to implement artificial intelligence on the Fanuc Intelligent Edge Link and Drive (FIELD) system to increase robotics productivity and add on to existing capabilities to automated factories worldwide. Adding AI to the FIELD system will give robots the ability to teach themselves to do … Continue reading Fanuc & Nvidia announce AI collaboration
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
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
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
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
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
Boral has entered into a binding agreement to acquire US building products maker Headwaters. The US$2.6 billion deal is subject to shareholder approval and regulatory approval, and is expected to complete in mid-2017. Based in Utah, Headwaters is a leading manufacturer of building products and one of the largest marketers of fly ash in the … Continue reading Boral cements its acquisition of US building products maker
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?
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
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
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?
Speaking at a press conference to launch its Global Status of CCS: 2016 Report at the twenty second conference of the parties (COP 22) in Marrakech yesterday, Global CCS Institute Chief Executive, Brad Page, said the scale of the challenge to deliver the ‘well below’ 2°C climate goal should not be underestimated. “The current level … Continue reading Carbon capture industry must expand says global body