Manufacturing

A father-of-two who stole almost $160,000 from his employer in Perth has been jailed for two-and-a-half years.

Austal has secured a $US23 million ($34 million) contract with the US Department of Defence, and addressed media reports of a possible Philippines expansion.

Rhinohide is seeking to raise up to $500,000 via equity crowdfunding platform Equitise, after raising $791,000 from private investors earlier this year, as the vehicle protection panel business looks to launch in the US.

Labour and capacity constraints in South Australia could lead to cost blowouts and delays in the building of new naval vessels, Premier Mark McGowan said today, as he lobbied federal counterparts to move more maintenance work for existing submarines out west.

There’s cause for optimism about the potential to manufacture battery components in Western Australia in the long term, according to BHP Nickel West asset president Eddy Haegel.

Clean technology developer Eden Innovations has dispatched the first order for EdenCrete products from a distributor and announced the same products received government approval in the US.

Construction costs for many lithium refining projects have been revised up in the past year as proponents rethink the scale and scope of their developments, with Tianqi Lithium’s Kwinana project the latest to run higher than forecast.

Bassendean-based company Technology for Ageing and Disability WA has acquired the mobility division of TL Engineering.

SPECIAL REPORT: A Belmont-based business is connecting military installations around Australia and across the world.

SPECIAL REPORT: Local businesses are already winning ongoing defence work as WA positions itself as a sustainment hub. Click through for our list of 25 deals won by WA contractors in the past year.

Lepidico has raised $10.8 million via a rights issue, with the funds to go towards its lithium hydroxide production product.

Austal chief executive David Singleton believes the shipbuilder needs to gain a critical mass of female workers to permanently make an impact on gender equality in the industry.

Shipbuilder Austal has turned two major challenges – a cyber attack and the loss of a big naval contract – into positives, chief executive David Singleton told a Business News Success & Leadership breakfast today.

SRG Global has secured a contract with GFG Liberty OneSteel at its Whyalla Steelworks site, worth up to $45 million.

Civmec has reported a sharp fall in quarterly profit to $141,000 after accounting for cost overruns on projects but has also reported strong growth in its order book.

Prime Minister Scott Morrison has promised 1000 shipbuilding jobs at Henderson, and opposition leader Bill Shorten has pledged $75 million towards mining exploration, ahead of their debate tonight in Perth.

Shares in DuluxGroup have soared more than 27 per cent to a record high after its board backed a $3.8 billion acquisition proposal by Japanese paint giant Nippon.

Gage Roads Brewing Company has raised $8 million via a share placement, with the funds raised to go towards its new canned beer product strategy.

Malaga-based Eneco Refresh, formerly Refresh Group, has used its stronger balance sheet to expand into the Northern Territory with the purchase of a bottled water factory in Darwin.

State government owned Gold Corporation is Australia’s third biggest manufacturing business, according to data published by Ibisworld today, with revenue of $18.9 billion in the year to June 2018.

Henderson-based shipbuilder Austal has secured a $369 million contract to supply two Expeditionary Fast Transport ships (EPF) to the US Navy.

Private equity investors have bought the assets and business of Welshpool-based coatings distributor Robayne, two months after the company was placed into voluntary administration.

RCR Tomlinson’s secured creditors may only receive around $70.6 million of the $230 million they are owed, and its unsecured trade creditors are likely to receive none of the $170.6 million they are owed, as administrators McGrathNicol recommended the failed engineering firm be liquidated.

The state government has awarded a $549 million contract to Volvo to continue supplying Transperth buses with local manufacturer Volgren to fit-out the vehicles.

AMP Capital has acquired a 50 per cent ownership stake in the private company that developed Optus Stadium, adding to several other infrastructure assets it has purchased in Western Australia including Kalgoorlie prison and Port Hedland airport.

Listed investment firm Keybridge Capital has unwrapped a $20 million takeover bid for loss-making confectionary company Yowie.

Mrs Mac’s is planning to cut staff numbers at its Morley packing facility as the pastry maker moves towards full automation of its manufacturing processes.

Austal is on a recruitment drive for an extra 260 Western Australian workers to fill vacancies at its Henderson facility.

The Perth-based Australian subsidiary of Phoenix International has secured a contract with the Royal Australian Navy.

RCR Tomlinson Administrators McGrathNicol has announced UGL has purchased the RCR Upgrades and Maintenance business.

Civmec has secured a fabrication and assembly contract at BHP’s South Flank iron ore project in the Pilbara, taking its total at the project to $48 million.

Shipbuilder Austal has increased its shareholder payout after announcing a two per cent lift in first-half profit on its expanding US Navy and commercial ferry work.