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
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
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
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?
Ford’s closure of its Geelong manufacturing plant last month is part of a broader story about Australia’s manufacturing sector. But one side of this story has so far been overlooked: the role of Australia’s lax attitude to vehicle emissions. Globally, car manufacturers are taking climate action seriously by significantly improving fuel economy, in turn reducing … Continue reading Australia’s car industry ignored the elephant in the room: carbon emissions
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
Packaging giant Amcor is acquiring Hebei Qite Packing Co, a flexible packaging products maker based in the Northern China province of Hebei, for $US28 million ($36 million).
CSR has announced this morning that it has agreed to buy Boral’s 40 per cent stake in their joint venture, the east coast brick and paver business trading as PGH Bricks & Pavers.
GE has agreed to acquire metal additive manufacturing company Concept Laser for 549 million euros after a bid for Concept Laser’s rival German company SLM Solutions fell over.
Bradken’s board has supported a takeover bid worth $689 million from Japan’s Hitachi Construction Machinery.
ASX-listed mineral explorer Falcon Minerals has announced it will acquire all of US-based consumer 3D printer manufacturer Robo 3D.
The country’s biggest plastic packaging manufacturer, Pact Group, has announced that it will acquire Australian Pharmaceutical Manufacturers for $90 million, continuing the company’s aggressive goal of building its revenues to $5 billion through acquisitions.
Auckland-based Metro Performance Glass has bought Australian Glass Group for $43.1 million.
Tesla has announced that it will merge with SolarCity, creating a 30,000-employee entity it claims will be “the world’s only vertically integrated sustainable energy company.”
Rare earth elements and their compounds are a crucial part of our everyday technologies. But our demand for these precious elements are growing, and the world’s supply is not evenly distributed. Below is an infographic outlining these major elements, how they are used, and where they are found. 7 Rare Earth Elements that Run our … Continue reading INFOGRAPHIC: Rare earth metals supply and where it is found
Ohio-based RPM International has acquired Duram Industries, an Australian maker of waterproofing solutions, through its Tremco Group company.
Electrolux has announced it will acquire wine cabinet maker Vintec for an undisclosed amount.