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
In a first for Australia, The Courier Mail has reported this morning, the Herston Biofabrication Institute, to be opened in late 2017, will be manufacturing human tissue, bones and eventually even organs. Eventually employing up to 60 researchers, the Institute will also develop capabilities of advance medical technologies such as 3D printing and computational medicine. … Continue reading 3D printed organ company to open in Brisbane in 2017
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
Boral has entered into a binding agreement to acquire US building products maker Headwaters. The US$2.6 billion deal is subject to shareholder approval and regulatory approval, and is expected to complete in mid-2017. Based in Utah, Headwaters is a leading manufacturer of building products and one of the largest marketers of fly ash in the … Continue reading Boral cements its acquisition of US building products maker
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.
Victorian energy company AusNet Services’ first-half statutory net profit has fallen by 52 per cent on its previous year’s result. Net profit for the six months to September 30 was $178.6 million, down from $374.5 million a year earlier. AusNet Services is Victoria’s largest energy delivery service business, owning and operating approximately $11 billion of electricity … Continue reading AusNet profits fall by 52 per cent
Lantek has developed a new functionality to its existing range of sheet metal solutions CAD/CAM software, which integrates online parts and consumables procurement for sheet metal parts. Using CAD/CAM software, Lantek’s customers can integrate with their own customers into a supply chain, allowing them to reorder previously supplied parts or request quotations for the manufacture of … Continue reading Sheet metal working now at your fingertips
Voice recognition software maker Nuance Communications has announced that robot maker ROOBO will be using the Nuance Mix NLU development platform, which provides voice and natural language (NLU) capabilities, to create conversational and cognitive interfaces for ROOBO robots and devices. Additionally, Nuance and ROOBO are set to collaborate on future integrations of Artificial Intelligence (AI) to advance … Continue reading Talking robots will soon be here
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
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
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
US-based Hypertherm has released Rotary Tube Pro, software that makes it easier to design and cut tube and pipe parts with no 3D CAD experience required. The software features a parametric design interface that allows main tubes and side-wall cutouts to be added from a list of predefined shapes. Alternatively, users can add tubes and … Continue reading New pipe and tube cutting software
The new 10 Year Sector Competitiveness Plan to improve the growth of Australia’s mining equipment, technology and services (METS) sector was launched at the International Mining and Resources Conference (IMARC) yesterday.
Incitec Pivot’s net profit after tax has slumped 68 per cent for the year ending September 30, with the company citing resources and fertiliser price slumps.
Britain’s wealthy Gupta family is reportedly interested in Arrium’s steel and iron assets.