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
ABCC amended local content rules will help Australian steelmakers compete against low-quality imports
Senator Xenophon deserves a Christmas card from the nation’s steelmakers, after his negotiation with the government to deliver their Australian Building and Construction Commission (ABCC) legislation. The deal saw significant changes made to government procurement rules. The changes require that companies bidding for government projects worth more than A$4 million and will need to outline in … Continue reading ABCC amended local content rules will help Australian steelmakers compete against low-quality imports
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
The Department of Defence (DoD) has announced a $232 million contract extension to expand GE’s support of jet engines for the Royal Australian Air Force’s (RAAF) fighter fleet until 2025. Under the contract, GE will provide engineering, supply and maintenance support for the 84 engines of Australia’s F/A-18F Super Hornet and EA-18G Growler aircraft fleets. … Continue reading DoD extends GE engine contract for Super Hornet & Growler
According to a report in The Australian this morning, HSBC has become the latest Arrium lender to sell its debt in the company. This latest move comes as voluntary administrators KordaMentha and advisers Morgan Stanley prepare to sell the remainder of the Arrium business early next year after divesting Moly-Cop to American Industrial Partners for … Continue reading HSBC set to dump its Arrium debt
Bonfiglioli has scored a Bulk Handling Awards hat-trick, taking out the Gears, Motors and Drives category for the third year in a row. This year, Bonfiglioli was recognised for its low backlash drives, which are designed for demanding applications like bulk handling where there are often lots of stops and starts during operation. The awards were … Continue reading Bonfiglioli wins again at the Bulk Handling Awards
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
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
Trumpf and Siemens are joining hands to produce a software solution for optimised and streamlined additive manufacturing of metal parts with Trumpf printing machines – from part design to 3D printing. The two companies hope to industrialise laser metal fusion technology and make the additive manufacturing process for metal parts an integral part of the … Continue reading Trumpf and Siemens to collaborate on 3D metal printing
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
CSIRO has launched its “FloWorks” Centre for Industrial Flow Chemistry today in Clayton, Victoria. The aim of FloWorks is to provide cutting-edge research into flow chemistry capability, making it more accessible to the chemical manufacturing industry. Senior research scientist with CSIRO’s manufacturing sector and Director of the new centre, Dr Christian Hornung, said flow chemistry … Continue reading CSIRO set to improve chemical manufacturing
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
The X-Stream XS-720p slow motion camera by IDT offers continuous frame streaming via the PCI express 2.0 x4 interface with a sustained transfer speed of 1.75GB/sec. I has been designed for checking and inspecting high speed applications including industrial and packaging inspection, microscopy, media, traffic control and surveillance. The cameras flexible design has been implemented around … Continue reading Slow motion inspection camera for packaging plants
Geelong, Victoria’s second city, has emerged as an area of great expertise for advanced materials – particularly carbon fibre composites – in recent years. Brent Balinski spoke to Quickstep’s Carl De Koning about the company’s New Technology division, headquartered at Waurn Ponds.
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?
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
According to a story this morning in the Australian Financial Review (AFR), Incitec Pivot CEO James Fazzino said while the outlook for commodity prices is more positive than six months ago, he still expects challenging conditions for the company to persist into 2017. “The markets were tough given the downturn in the global resources industry … Continue reading Incitec still nervous about its recovery
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?
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