US-based aluminium maker Aloca has confirmed that its Victorian smelters are being considered for closure as it comes under pressure to reduce production.
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Toyota returns to profit, re-commits to car production in Australia
Toyota Australia has posted a yearly profit result, after three years with losses totalling $150 million, and increased its revenues by over a fifth.
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Westpac senior exec urges investment in manufacturing
Brian Hartzer, the CEO of Westpac’s Australian financial services division, has said that manufacturing had a viable future, despite recent bad news, and more was needed to encourage investment by entrepreneurs.
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Slight profit drop for James Hardie
Building products maker James Hardie’s net profit is down slightly, from $US 34.5 million to $US 30.7 in its quarterly results to March.
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CSR yearly loss made worse by Viridian
CSR has posted a net loss of $146.9 million for the year to March, with a poor result in its Viridian glass division, but is optimistic about the future.
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Deficit unimportant, federal budget should protect manufacturers: ACTU
The Australian Council of Trade Unions has said that the federal budget, to be delivered tonight, should invest in manufacturing and protect Australian jobs.
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Incitec Pivot first half profit down 23 per cent
Explosives and fertiliser manufacturer Incitec Pivot has announced a 23 per cent decline in its half-year to March 31 profit, with a weak market for fertiliser and the high Australian dollar impacting on the result.
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Survey shows manufacturers lead decline in spending
Australian businesses are forecast to spend less money as the year moves on, with manufacturers leading the trend, a new survey has found.
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Confidence and activity improving, but still in negative territory
Manufacturing activity improved in the first quarter of 2013, but it has stopped short of posting positive growth, according to NAB's Manufacturing Activity Index.
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SICK announces revenue growth in 2012
German automation company Sick Group has described the fiscal year 2012 as “eventful and strong”.
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US shale gas boom behind new Incitec Pivot factory
Incitec Pivot has credited the boom in US shale gas as a factor in its decision to build a new ammonia factory in Louisiana.
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Canberra could intervene in exchange rate: Xenophon
Independent Senator Nick Xenophon is pushing for a Senate inquiry into the impact of the high Australian dollar after declaring it was “situation critical” for the manufacturing sector.
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SA Opposition plans manufacturing taskforce
The South Australian Opposition says if it wins next year's state election a taskforce will be created to help boost the state's struggling manufacturing sector.
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New funding could boost manufacturing innovation
ANZ has pledged to lend $1 billion to start-up businesses over the next year, and a business lobby says manufacturers could use the financing to develop new technology.
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Time to invest: How to find your finance
The stubbornly high Australian dollar continues to challenge Australian exporters, however the good news is imported machinery prices are now at record lows. Alan Johnson reports.
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Manufacturers eligible for new funding
Manufacturing firms will be eligible for a new round of funding under the $6.7 million Innovate NSW state government program.
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Dozens of expressions of interest for Byron Bay Cookie Company
A number of companies are reportedly considering buying troubled food manufacturer Byron Bay Cookie Company, with expressions of interest registered from as far away as India.
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Holden discloses subsidy details
General Motors Holden has revealed that it has received $2.2 billion in federal government assistance over the last 12 years, which the company claims represents good value for money.
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Look to Germany for manufacturing inspiration
South Australian Manufacturing Minister Tom Kenyon says the state should model itself on Germany's industry in order to boost the local manufacturing sector.
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Brickworks’ net profit up
Building materials manufacturer Brickworks announced its half-year results yesterday.
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