The Illawarra Region Innovation and Investment Fund, budgeted at $300 million and designed in response to 800 redundancies at BlueScope’s operations in Port Kembla, has been called a failure by some that it was designed to assist.
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.
Victorian Treasurer Michael O’Brien says that, if governments want to save jobs, they should concentrate more on IR than on giving grants to struggling industries.
Employees of company Forgacs Engineering marched to Newcastle City Hall yesterday, as the city’s ship-building industry banks on a new Antarctic icebreaker contract.
Locals are concerned about the future after job losses at Builyan and Theodore sawmills.
The AMWU has been seeking assurances from Burnie’s Caterpillar Underground Mining operations that no further job cuts will be made.
Will new Industry Participation rules ensure a manufacturing revival, or will they simply reinforce existing industry trends? Brent Balinski investigates.
The local content part of federal government’s plan to assist manufacturers is “cumbersome”, a threat to commercial confidentiality and could actually destroy jobs, according to the Minerals Council of Australia.
The automotive parts sector anticipates further shrinking after General Motors Holden’s recent announcement that it will reduce production and make 500 positions redundant in South Australia and Victoria.
BAE Systems, one of the country’s biggest defence contractors, has announced that it will make about 450 staff redundant after losing a maintenance contract.
Caterpillar will make 250-300 positions redundant at its manufacturing plant in South Milwaukee.
Manufacturing is the silent workhorse of the Australian economy. Through job creation, import replacement and maximising the value of our natural resources, manufacturing delivers tremendous benefits to the nation.
14 workers have been made redundant at Austral Masonry in Port Kembla.
CSR announced yesterday that it would cut 150 jobs at Viridian, its poorly-performing glass division, due to a challenging environment for building products manufacturers.
CSR’s loss-making Viridian subsidiary will lose 150 jobs and have two of its factories shut, the company announced this morning.
Paul Sewell, the founder of Warrnambool’s Fresh Bins, has called a lack of support from local and state governments “heartbreaking” as the company announced it would manufacture in the USA under licence.
Syntec, Australia’s largest diamond tool maker, will relocate its Chinese manufacturing operations over the next few months, operating at a former Berri juice factory in South Australia’s Riverland.
Hong Kong-based Chinese dissident Han Dongfang, has said that independent labour unions were helping raise aspirations in China, and this would have its benefits in Australia.
Administrators for Queensland-manufacturer PPI Corporation have restarted production at the company’s Brisbane facility, with 40 employees returning to work on site.
NT chief minister Terry Mills announced yesterday that the troubled Gove refinery, owned by Pacific Aluminium, will stay open, saving 1,500 local jobs.