Austin Engineering has dropped its net profit guidance by up to $7 million for the 2023 financial year due to purchase order delays with a major customer.
Manufacturer Adbri has informed the market of another major cost blowout of its Kwinana cement project which is now expected to cost up to $420 million.
Perth company Perdaman has started work on one of WA's largest projects after gaining backing from Global Infrastructure Partners, the same group that backed Woodside’s Pluto gas project.
The federal government has announced grants to three big timber processing companies in WA in another sign the industry’s future rests with softwood plantation timber.
A 30-hectare site in Kwinana has been earmarked for what is billed to be the first-of-its-kind battery materials facility in Australia, spearheaded by ASX-listed IGO and Andrew Forrest’s Wyloo Metals.
Five months after striking a deal to buy Pfizer’s WA manufacturing operation, Bridgewest Group has completed the purchase and outlined plans to add to its 400 local staff.
US regulators have charged three Austal USA executives for their roles in an alleged fraudulent accounting scheme, six months after the shipbuilder settled with ASIC over similar breaches.
A sheet metal manufacturer has been fined $300,000 over an incident that led to a teenage apprentice’s fingers being severed while using the company's machinery.
Drilling and equipment supplier Schramm Group has brought in voluntary administrators less than two weeks after an employee was fatally injured at the company's workshop in Welshpool.
Monadelphous has expanded its recruitment efforts overseas as the company continues to grapple with its “biggest challenge” of industry-wide staff shortages.
Adbri’s Kwinana cement project is looking at cost overruns in the order of up to $90 million-plus, joining a litany of WA projects hamstrung by labour constraints and high input costs.
A new graphite processing facility and a $200 million transition fund are among measures to entice investment and create jobs in Collie before its power stations close at the end of the decade.
BHP has joined Rio Tinto in committing to assemble some of its iron ore rail cars in Perth, in a move the state government hopes will lead to more substantial manufacturing in future.
Plans to convert a Queensland ammonia plant to run on green hydrogen will enter front end engineering and design, proponents Fortescue Future Industries and Incitec Pivot announced today.
More than $100 million is believed to be owed by ASX-delisted Vietnam Industrial Investments, as the Perth business which had previously boasted high profile directors is sent into liquidation.
Business magnate Warren Buffett’s Freo Group is suing global manufacturer Vestas for allegedly abandoning plans to partner on the $317 million Dulacca Renewable Energy project.
Kim Beazley has taken up his first major role since recently finishing his four-year term as the state’s governor, joining the board of shipbuilder Luerssen Australia.
Shares in Adbri fell sharply today after the ASX company reported a fall in net profit and provided updates on major projects at Kwinana and Kalgoorlie.
M8 Sustainable has secured the $10 million of convertible notes it needed to complete its Gingin facility and pay other debts after its $8 million minimum raising fell short earlier this week.
M8 Sustainable has failed to raise the minimum $8 million it needed to complete its entitlement offer and pay its debts, throwing its capacity to operate as a going concern into doubt.
Red tape stopping technology transfer in defence industries is keeping planes grounded and delaying helicopter maintenance, Boeing Australia chairman Brendan Nelson says.
Jobs for Austal's US division are continuing to roll in with the Henderson-based defence contractor picking up $225 million worth of work with the US Navy.
Environment Minister Tanya Plibersek has reached an agreement for a 30-day halt to the development of a Burrup Peninsula fertiliser plant that Indigenous leaders claim could impact ancient rock art.