Business

90-plus exhibitors already confirmed for EMEX 2014

28 January, 2014

More than 90 exhibitors are already confirmed for EMEX 2014, the biennial engineering, manufacturing, machinery, electronics and technology industry event. Event organisers say that, of the 90-plus exhibitors, more than 35% are new to the show.


Metso to build valve technology centre in Korea

24 January, 2014 | Supplied by: Metso Automation (ANZ) Pty Ltd

Metso has announced plans to build a greenfield global valve technology centre in Chungju, South Korea, in response to the growing global demand for reliable valve technology. The new facility will begin global deliveries in September.


Schneider Electric names new vice-president of industry business

23 January, 2014 | Supplied by: Schneider Electric

Philippe Rambach has been announced as Schneider Electric's new vice-president of industry business. With more than 15 years' experience in senior management positions, Rambach has worked across a range of industries.


Saputo acquires 52% stake in WCB

23 January, 2014

Canadian dairy company Saputo has won the bidding war for Warrnambool Butter and Cheese (WCB), announcing that it has acquired 52.7% of the company's shares.


Emerson, Fieldbus Foundation, Siemens present joint white paper

23 January, 2014 | Supplied by: Emerson

Emerson, Fieldbus Foundation and Siemens joined forces at the ISA Automation Week conference to present a white paper: FDI Meets Plant's Device Integration Needs.


Schneider Electric completes $5bn Invensys acquisition

22 January, 2014 | Supplied by: Schneider Electric

Schneider Electric has completed its acquisition of Invensys PLC. The acquisition is reported to be worth US$5 billion. According to the company, the resulting combined entity will “have a unique position in industrial and infrastructure end-markets”.


CAPS to exclusively distribute Pedro Gil blowers in Aust

22 January, 2014

CAPS Australia has signed an exclusive Australian distributorship for Pedro Gil positive displacement blowers.


Ai Group comments on SA Govt response to Holden closure

22 January, 2014

The Australian Industry Group (Ai Group) has released a comment on the South Australian Government's response to the Holden closure.


Cooper Basin to boom in 2014

17 January, 2014

The Cooper Basin is expected to boom in 2014, with some of the biggest names in oil and gas developing exploration programs in the region. According to Magnum Hunter Resources, the area will be snapped up within the next 12 months.


Holdens likely to be made in South Korea

17 January, 2014

Holden production is likely to be shifted to South Korea once General Motors ceases manufacturing in Australia, ABC News has reported.


Rockwell Automation on the Move back by popular demand

16 January, 2014 | Supplied by: Rockwell Automation Australia

Rockwell Automation on the Move is returning to Melbourne in 2014. To be held at Melbourne Park Function Centre on 25 and 26 March 2014, the event will demonstrate how the latest industry practices are turning marketplace challenges into advantages.


Australian economy will suffer from collapse of auto manufacturing, says Ford boss

16 January, 2014

The collapse of Australia's auto manufacturing sector will cause the economy to suffer in the long term, Ford CEO Alan Mulally said at the Detroit motor show.


China looking to expand sustainably, experts say

14 January, 2014

As they expand internationally, Chinese companies are looking to increase production efficiency in environmentally friendly ways while ensuring long-term profitability, China News has reported.


Rising LNG prices could hurt Aust GDP

13 January, 2014

Manufacturing Australia's Ben Eade says that rising LNG prices could wipe $13 billion a year off Australia's GDP. The manufacturing industry is calling for the government to cap gas prices to aid a manufacturing resurgence.


Productivity Commission highlights bleak future for Australian car manufacturing

10 January, 2014 by Kylar Loussikian, The Conversation

A substantial increase in vehicle manufacturing is needed if Australia is ever to have a sustainable car industry, according to preliminary findings released today by the Productivity Commission's inquiry into Australia's Automotive Manufacturing Industry.


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