Australian brick manufacturer has acquired US brick manufacturer Redland Brick. At a price of $48 million, the purchase covers four manufacturing sites across the US, one in Pennsylvania, and Virginia, and two in Maryland. Redland Brick encompasses brands such as Cushwa, KF, Harmar, and TruBrix, brands which will enable Brickworks to grow across North America, … Continue reading Australian brick manufacturer expands US operations
Austrade will support Australian manufacturers who wish to sell into the US defence market. Describing the market as “the world’s largest”, Austrade also highlighted that is a highly competitive market that requires an in-depth understanding of a range of regulations and an ability to contend with long time-lines. For Australian businesses, Austrade will partner with … Continue reading Opportunity for Australian manufacturers to be tested in US
Brisbane-based electric vehicle charger manufacturer, Tritium, has announced that it will be producing chargers for the US market in Los Angeles. The company has opened a new site in the US city to increase production for the Americas region. In addition to the Tritium DC chargers made on site, the factory will include a testing … Continue reading Australian EV-charging tech grows in US
Raytheon is trialling missiles that will fly at new speeds for the US defence forces. With Russia and China also developing hypersonic systems, the US has responded with its own hypersonic flight program to defeat other hypersonic vehicles. Part of a $63 million contract between Raytheon, the US Air Force and the US Defense Advanced … Continue reading Raytheon developing hypersonic missiles
Australian ship manufacturer, Austal, has signed a contract worth $34 million to sustain the life of another ship built for the US Department of Defense. The contract includes the dry docking of the USS Tulsa, as well as the USS Manchester, which was announced in January 2019 and worth $21m. Both of these ships are … Continue reading Trimaran shipbuilder grows ongoing US operations
Australian steelmaker, Bluescope Steel, has announced that it will invest almost $1 billion in its Ohio, US steel mill, North Star. Bluescope will expand its US production facilities by 40 per cent, and hopes that the expansion will be completed by 2023. One of the drivers of the expansion into the North American market is … Continue reading Bluescope to invest a billion in US production
The US subsidiary of Port Macquarie, NSW, shipbuilder Birdon, has secured two contracts worth US$390 million ($575 m). The contracts are to supply the US Army and the US Coast Guard. For the US Army contract, Birdon will supply bridge erection boats (BEBs). This contract was first formalised in 2014 but has been renewed for … Continue reading NSW shipbuilder supplies US Coast Guard, Army
The International Monetary Fund (IMF) has forecast that Australia will slip to 2.8 per cent growth next year, down from an expected peak of 3.2 per cent this year, due to the impact of the continued US-China trade war. The IMF’s October World Economic Outlook report has revised down the forecasts for global growth contained … Continue reading IMF downgrades growth forecast in wake of escalating trade tensions
Earlier this week, Minister for Defence, Marise Payne, announced the successful launch of an Australian miniature satellite from the United States. The Buccaneer cube satellite, developed by Defence and the University of New South Wales (UNSW), was launched from Vandenberg Air Force Base in California on a Delta-II rocket and communications have now been established. … Continue reading Australian satellite successfully launches in the US
A BIS Oxford Economics report highlights the breadth and scale of the leading aerospace company’s growth in this part of the world. Based on 2016 data, Boeing generates nearly $1.3 billion for the Australian economy and supports more than 9,300 direct and indirect jobs through its high-tech operations including advanced manufacturing, defence, research and development, … Continue reading Boeing injected $1.3b to Australian GDP in 2016
Australian drinking water appliance maker Zip Industries has been taken over by US-based global water treatment firm Culligan International for an undisclosed sum. Zip, which was sold by Quadrant Private Equity, was expected to list on the Australian share market earlier this year, but the $500 million-plus float was scrapped in May for lack of … Continue reading Zip Industries acquired by US water giant
The World Bank has reaffirmed its forecast that global economic growth will improve to 2.7 per cent this year, with an improvement in manufacturing and trade, market confidence and commodity prices. According to the World Bank, advanced economies are showing signs of improvement, particularly Japan and Europe. The seven largest emerging markets – China, Brazil, … Continue reading World Bank forsees pickup in manufacturing and trade
A number of US steelmakers are expanding capacity and upgrading mills in the same region where Australian company BlueScope Steel operates its highly profitable North Star mill. According to BlueScope, its North Star mill in Ohio achieved a profit of $211 million in the first half of 2016-17, which accounted for 35 per cent of … Continue reading BlueScope rivals encroach on company’s profits
A former official from the Chicago Department of Transport has been found guilty of accepting bribes from Australian red-light camera manufacturer Redflex.
Activity in the US manufacturing sector hit its highest point in five months in October, according to a key index.
Researchers in the US have developed a method to take carbon dioxide from the air and make carbon nanofibres, super-strong materials used in the aerospace, automotive, and other industries.
General Motors will pay $US900 million ($A1.25 billion) after it failed to recall cars with faulty ignitions that have been linked to 124 deaths.
There are countless examples of Australians leaving the country and achieving spectacularly overseas. Is it right to consider this a brain drain? Brent Balinski collected some perspectives.
Nissan Motor Co. is focusing on safety at its manufacturing facilities in the US following the deaths of three workers at its assembly plant in Smyrna, Tenn.
30 people have been reported injured by an explosion at a chemical factory in the town of Geismar in the American state of Louisiana.