Latest manufacturing news, technology and opinions
WEBJack Lloyd. With assistance from the Advanced Manufacturing Growth Centre (AMGC), automotive manufacturer Premcar has embarked on an ambitious $1.53 million defence …. Jack Lloyd. Manufacturers' Monthly is a business-to-business magazine and a valuable reference tool for all members of the manufacturing industry.
RWC to acquire leading manufacturer and distributor Holman …
WEBFeb 15, 2024 · Reliance Worldwide Corporation Limited (RWC) has made an agreement to acquire Holman Industries business for $160 million. The cost price reflects a 7-time multiple of Holman Industries earnings before interest, taxes, depreciation, and amortisation (EBITDA) before synergies. Holman Industries founder …
Federal Gov't invests $850m to build a missile manufacturing …
WEBAug 23, 2024 · The Federal Government will contribute up to $850 million in partnership with Kongsberg Defence Australia to manufacture and service missiles at Williamtown near Newcastle. The factory in Williamtown will manufacture Naval Strike Missiles (NSM) and Joint Strike Missiles (JSM) to be used by the ...
Australian built XL-AUV ‘Ghost Shark’ arrives in the United States
WEBAug 21, 2024 · In 2022, Anduril signed a co-development contract with the Royal Australian Navy and the Defence Science and Technology Group to design and develop three ‘Ghost Shark’ XL-AUVs in three years. This agreement accelerates production and reduces costs compared to traditional large-scale systems. The investment allows Anduril to …
Federal Government announces the Future Made in Australia Act
WEBApr 12, 2024 · Albanese announced the Future Made in Australia Act, as a landmark legislative proposal aimed at comprehensively coordinating and boosting investment, job creation, and innovation to realise the vision of a future made in Australia. “Researching, designing, building and exporting value-added products to the world,” said Albanese.
Australia’s heavy industry receives $330m investment for clean …
WEBApr 26, 2024 · In a move to strengthen Australia’s industrial sector with sustainable practices, the Federal government has invested $330 million to fund clean energy initiatives and emission reduction projects across the nation.. The Powering the Regions Fund is delivering $330 million to nine projects that bolster local industries and ensure the competitiveness in a global market.
New VIC MedTech remanufacturing facility a win for circular …
WEBJun 17, 2024 · A new facility in Geelong for medical device remanufacturer, Medsalv, has the potential to bring new and sustainable remanufacturing to the Australian healthcare system.. Minister for Economic Growth Tim Pallas today opened the new manufacturing and R&D facility. The project is expected to create 49 jobs over the next five years and is set to help bolster local medical supply chains as well as ...
Manufacturers among new carbon capture technology grant …
WEBJul 23, 2024 · The Federal Government is investing $65 million in seven projects – some that include building and battery material manufacturers – to decarbonise hard-to-abate industrial processes and directly remove carbon dioxide from the atmosphere.. Projects supported under this program will cut emissions from critical industries, directly remove climate-changing carbon dioxide from the atmosphere ...
Weld Australia urges investment in network of Indigenous welding ...
WEBApr 10, 2024 · Image: Weld Australia. A bright trade future. Munster Services Group is a Queensland owned and operated trade services business with over 115 employees and facilities in Slacks Creek, Underwood, Stapylton and Maroochydore.
$100 million Federal Government investment into next-generation …
WEBJul 15, 2024 · The Federal Government will invest over $100 million to boost the ADF’s arsenal of drones, ensuring Australian military personnel are provided with cutting-edge lethal and non-lethal capabilities. The acquisition of two small uncrewed aerial systems (SUAS) will bolster the ADF’s ability to carry out surveillance and reconnaissance and ...