Fonterra invests in manufacturing expansion
20 September, 2013Fonterra has announced plans to expand its Stanhope processing plant to incorporate ricotta cheese production once its Cororooke plant closes in October.
Hiring optimism down in all sectors bar manufacturing
18 September, 2013Hiring optimism in Australia is expected to weaken in Q4 this year, falling to a Net Employment Outlook of +3% from +6% in Q3, the latest Manpower Employment Outlook Survey shows.
Spiesshofer steps up to CEO role with ABB
17 September, 2013Ulrich Spiesshofer has taken over as ABB's Chief Executive Officer. Spiesshofer will succeed Joe Hogan as CEO; Hogan will continue as advisor to the board until the end of March 2014.
Industry collaborates to develop deepwater subsea power and control
10 September, 2013ABB and Statoil have entered into a joint industry program to develop solutions for transmission, distribution and power conversion systems designed to power and control subsea pumps and gas compressors at depths of 3000 m and over vast distances.
Thiess wins $1.8bn QCLNG contract
09 September, 2013Coal seam gas producer QGC has awarded Thiess a $1.8 billion contract to construct gas compression facilities and associated works for the QCLNG project in the Surat Basin.
DSME awards $6.7m order to Rockwell Automation
09 September, 2013Rockwell Automation has been awarded an order in excess of $6.7 million by South Korean company DSME. Rockwell will deliver fully integrated safety solutions for Transocean, a leading provider of offshore contract drilling services.
TCO: understanding its role in process automation
06 September, 2013If you are an operator in the resources industry, it is undeniable that the cost of doing business in Australia and New Zealand is rising. A higher price for labour, more taxes and greater regulation have all increased the cost of extracting resources from the ground.
Australian PMI 4.4 points higher in August
03 September, 2013Improvements in the production, employment and new orders subindexes saw the manufacturing sector contract at a slower rate in August. The Ai Group Australian Performance of Manufacturing Index was 4.4 points higher at 46.4 for the month.
How sweet it is: cane processors profit with green energy and environmental benefits
03 September, 2013A global leader in the production of green energy from food and agribusiness wastewater is deploying advanced anaerobic technologies that achieve high returns of biogas from the world’s largest crop - sugar cane.
Endress+Hauser acquires instrumentation firm
02 September, 2013Endress+Hauser has signed an agreement with Rockwell Collins to acquire Kaiser Optical Systems, Inc. The companies anticipate the transaction will be completed in the next few months.
Oil and gas growth for Drillsearch
30 August, 2013Oil and gas producer Drillsearch has doubled its production target for the year ahead, leading to a surge in its share price.
Holden will perish under a Liberal govt, BMW boss claims
27 August, 2013The future looks bleak for auto manufacturing operations in Australia, claims BMW Group Australia Managing Director Phil Horton. If the Liberal party wins the upcoming election, it will be the death of Holden in Australia, he says.
BHP Billiton executive share awards cut by 35%
23 August, 2013BHP Billiton’s top executives will lose out on more than $26 million in share grants, due to a 35% reduction in the number of shares paid out as part of its five-year long-term incentive plan (LTIP).
Wärtsilä signs 10-year maintenance agreement
20 August, 2013Wärtsilä has been signed by Energy Developments Ltd to maintain the McArthur River Mine power plant. The 10-year agreement includes a guarantee for the plant’s availability to generate power based on pre-planned scheduled maintenance periods.
Fuchs invests in state-of-the-art Melbourne warehouse
14 August, 2013As part of an Asia-Pacific investment strategy, German lubricant manufacturer Fuchs has invested in a new state-of-the-art warehouse facility in Melbourne.
