Latest Manufacturing News

Yowie Group has announced an all-scrip off-market takeover bid for Keybridge Capital, offering one Yowie share per Keybridge share. The bid is subject to key regulatory and shareholder approvals, setting the stage for a significant consolidation in the ASX-listed consumer goods and investment sectors.

Farm Pride Foods has locked in a $27.57 million financing deal with NAB, refinancing existing debt and backing key capital projects to strengthen its growth trajectory.

Austco Healthcare has renewed its preferred supplier agreement with a major US healthcare provider, continuing supply of its Tacera nurse call systems to 180 hospitals across 30 states. This extension builds on a lucrative five-year partnership worth over A$49 million.

Australian Vanadium’s subsidiary VSUN Energy reports improved cost competitiveness for Project Lumina’s vanadium flow battery system, positioning it strongly in Australia’s growing long-duration energy storage market.

Acrux Limited, partnering with TruPharma, has introduced its Dapsone 7.5% Gel in the US, featuring a unique tube packaging that aims to improve patient convenience and reduce environmental impact.

AVITA Medical reported a strong first quarter with revenues up 67% to $18.5 million, driven by expanded commercial sales and new product introductions. Despite a narrower net loss, the company faces ongoing challenges from revenue covenants and macroeconomic pressures.

Civmec Limited has reported a robust Q3 FY25 with a $285 million boost to its order book, now exceeding $760 million, while positioning itself for significant naval shipbuilding opportunities through strategic acquisitions and government-backed projects.

Nanoveu Limited has launched a $2.7 million capital raising via a share placement and a substantial options offer, pending shareholder approval for securities issued to its Executive Chairman. The prospectus outlines key risks and the impact on the company’s capital structure.

Aurora Labs has reached a critical design freeze milestone under its Australian Defence Force contract, advancing its novel 3D-printed propulsion system towards testing and validation phases.

Capral Limited reported steady 2024 financial results with solid profitability despite softer residential markets, while announcing board changes and continuing its share buy-back program.

Carnegie Clean Energy has partnered with global industrial leader SKF to co-develop and manufacture the Power Take-Off system for its CETO wave energy technology, marking a key step in commercialising ocean energy in Europe.

Rimfire Pacific Mining reports robust scandium assay results from its Currajong drilling program, reinforcing the project's potential amid tightening global supply due to Chinese export controls.