Ford Australia posted a loss of $191 million for last year and recorded its worst annual vehicle sales since the 1960s.
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Final wording of China-Australia Free Trade Agreement to be known soon
The full details of the Chinese-Australian Free Trade Agreement are expected to be released before the end of June.
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80 jobs axed at Hobart Cadbury factory
Mondelez International has continued cost-cutting, with news this morning that it would be shedding 20 per cent of jobs at Claremont’s Cadbury factory.
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“Made In China 2025” plan aims to move away from low-value manufacturing
China’s Cabinet has published a plan that cites “intelligent manufacturing” as an answer to some of the country’s economic challenges.
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Ethiopian government wants country to lead Africa in manufacturing
Ethiopia’s government is planning for $US 1 billion to be invested in industrial parks in its effort to become Africa’s number one manufacturing nation.
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Rio Tinto again considering shedding Pacific Aluminium business
Rio Tinto is reportedly again considering the sale of its Pacific Aluminium assets in Australia and New Zealand.
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Rio Tinto reconsiders aluminium divestment
Rio Tinto is re-examining its aluminium divestment strategy, as the market starts to gather strength.
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Fast-growing Universal Robots acquired by Teradyne
Teradyne has agreed to buy Denmark’s Universal Robots for $US 285 million in cash.
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“Lacklustre” Australian economy dragging down NZ manufacturing result, say Kiwis
Australia’s economic performance has been cited in explanations of New Zealand’s weakening manufacturing output.
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2015 probably the pits for mining industry, says Orica’s acting CEO
Orica’s interim CEO has said 2015 is likely rock bottom for the mining industry and there’d be fierce competition among explosives companies.
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Price environment difficult but new product uptake promising: Coke boss
Coca Cola Amatil shareholders have heard the company’s new Coke Life product has been well received though price wars are hurting profitability.
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Japan to disclose classified data as part of submarine contract bid
Japan has agreed to the unprecedented sharing of classified data, as part of its bid to provide stealth submarines to Australia.
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$50 million: the magic number for optimising profitability
$50 million is number Australian manufacturers hit before they start optimising profitability, according to Grant Thornton.
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Labor to reassert commitment to manufacturing
The Labor Party is considering providing financial assistance to the manufacturing industry as it prepares its draft national platform.
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Chinese electronics factory prepares to be run by robots
Construction is underway for an “all robot” electronics factory in Dongguan, southern China.
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Legend Corporation to acquire System Control Engineering
ASX-listed engineering solutions provider Legend Corporation will acquire "selected assets" of System Control Engineering.
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New Midfield dairy factory in VIC to create 250 jobs
Meat processing business Midfield Group has received approval to build a milk factory in Warrnambool, Victoria.
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Major manufacturing economies sluggish or shrinking in April
The major global manufacturing sectors experienced sluggish or negative growth last month, according to several PMI results.
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Don’t pay too much
Interest rates might be at an all-time low, but making a poor decision on commercial finance can still be a very costly mistake. Alan Johnson reports.
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Time to chase the tiger: exporting to India
Exporting, like so many things in life, is all about timing, and with India's star on the rise, now could be the opportune juncture to go hunting.
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