Business

Siemens acquires Mentor Graphics

15 November, 2016 | Supplied by: Siemens Ltd

Siemens and Mentor Graphics have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of US$4.5 billion.


New way to make low-cost solar cell technology

14 November, 2016 | Supplied by: Australian National University

Researchers at The Australian National University (ANU) have found a new way to fabricate high-efficiency, semitransparent perovskite solar cells in a breakthrough that could lead to more efficient and cheaper solar electricity.


City of Sydney says it is time to modernise ageing electricity network

14 November, 2016

The City of Sydney is calling on Australia's energy rule maker — for a second time — to encourage efficient, decentralised energy generators, following the recent catastrophic grid failure in South Australia.


AMGC invests in Swinburne's manufacturing futures research institute

11 November, 2016 | Supplied by: Swinburne University of Technology

The Advanced Manufacturing Growth Centre's chairman, Andrew Stevens, has announced funding of $250,000 towards the Swinburne Manufacturing Futures Research Institute to boost the adoption of Industry 4.0 processes to increase Australian manufacturing competitiveness.


General Mills to close Vic manufacturing plant

08 November, 2016

General Mills has announced plans to close its manufacturing facility in Mount Waverly, Victoria, and move its production activity to an expanded plant in Rooty Hill, New South Wales.


Resource employers welcome 10-year vision for METS sector

08 November, 2016

A new 10 Year Sector Competitiveness Plan for Australia's mining equipment, technology and services (METS) industry provides a clear roadmap for the development of the sector.


Free conference program to feature at AOG 2017

08 November, 2016

The annual Australasian Oil & Gas Exhibition & Conference (AOG) will showcase the oil and gas industry over three days with an exhibition, a free conference program and premium industry networking opportunities.


Manufacturing edges back into growth in October

07 November, 2016

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) increased by 1.1 points to 50.9 in October, signalling a very mild expansion across the manufacturing sector.


IDEC powers its HQ with solar and wind

07 November, 2016 | Supplied by: IDEC Australia Pty Ltd

IDEC's US headquarters are powered by a combination of solar panels and wind turbines, providing about 50% of the facility's total power requirements.


Metso ranked at Leadership level in CDP's Climate Change evaluation

04 November, 2016 | Supplied by: Metso Australia Limited

Metso continues to be included in CDP's Climate Change evaluation at the Leadership level with an A-ranking (the scale of the index was A-D).


Pipeline explosion and fire in Alabama kills one

04 November, 2016

Colonial Pipeline Co shut down its main petroleum product pipelines on Monday after an explosion and fire in Shelby, Alabama, killing a worker and sending five to the hospital.


Training: are the fundamentals being left behind?

02 November, 2016 by Ernst Krauss | Supplied by: IICA (Institute of Instrumentation, Control and Automation)

Australia finds itself in a very curious position in the global family. Blessed with an abundance of natural riches, it seems we keep forgetting that mass manufacturing is part of a major contribution to a nation's wealth.


Schneider Electric acclaimed for corporate leadership on climate change by CDP

01 November, 2016 | Supplied by: Clipsal - by Schneider Electric

Schneider Electric has been awarded a position on the Climate A List by CDP, the international not-for-profit that drives sustainable economies. It is the only company of its industry to get an A grade for six years in a row.


"Haere mai" to corrosion professionals at C&P2016 in Auckland

01 November, 2016 | Supplied by: Australasian Corrosion Association

Asset owners and professionals involved in the corrosion industry are encouraged to network with colleagues and peers, as well as learn the latest information concerning corrosion prevention, control and repair, by attending Corrosion & Prevention 2016 in Auckland.


Australia take note: study shows automation at mines will have significant impact on jobs, tax revenues

31 October, 2016

Local communities and governments will lose jobs and tax revenues as mines become increasingly automated using emerging technologies such as self-driving trucks.


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