SA Business Journal
Hills dives on profit downgrade
![Hills Hoist stamps](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/02/02/1225825/862386-hills-hoist-stamps.jpg)
A WEAK steel market will cause Hills Holdings to fall short of last year's half-year result by 30 per cent.
Insurance boost for Penrice
![Money](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/10/15/1225938/984319-money.jpg)
PENRICE is on track to increase underlying profit for the full year, assuming it gets a $5m insurance payout.
Silver City mine draws on SA links
![miners](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/10/26/1225943/642449-miners.jpg)
BROKEN Hill Prospecting will draw on historic links with Adelaide as it tries to revitalise the industry around the NSW town.
Elders predicts recovery
![Farming](http://web.archive.org./web/20101225121949im_/http://resources0.news.com.au/images/2009/11/15/1225797/830056-farming.jpg)
RURAL services provider Elders has predicted recovery next year following years of financial turmoil.
Coopers' DIY kits walk out the door
![Coopers Seeley home brew](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/12/16/1225972/353354-coopers-seeley-home-brew.jpg)
SA brewer Coopers has teamed up with local air conditioner maker Seeley to produce a new home brewing kit.
Ponzi creditors won't see any returns
![Giuseppe Mercorella](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/07/20/1225894/553106-giuseppe-mercorella.jpg)
FIVE years after Guiseppe "Joe" Mercorella's ponzi scheme collapsed, creditors of five of his companies have been told they will not see a return.
IronClad to raise $28.6m for SA mine
![Iron ore](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
IRONCLAD'S Wilcherry Hill mine on the Eyre Peninsula will cost $26.3m to build.
Sparkling deal for the Reds
![Glenn Cooper](http://web.archive.org./web/20101225121949im_/http://resources0.news.com.au/images/2010/12/15/1225971/772008-glenn-cooper.jpg)
ICONIC South Australian company Coopers Brewery is Adelaide United's new major sponsor.
Success is sweet for Robern Menz
![Fruchoc](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/12/15/1225971/526347-fruchoc.jpg)
DEMAND for FruChocs and other treats has prompted Robern Menz to introduce a second shift at its Glynde factory.
Social tools for wine entrepreneur
![John Harvey](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/12/15/1225971/554405-john-harvey.jpg)
FORMER wine body chief John Harvey is using social networking to push his business during a low ebb for the industry.
$100,000 for local solar tracker
![Solar Shop CEO Tony Thornton](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/12/15/1225971/568977-solar-shop-ceo-tony-thornton.jpg)
SOLAR Shop Australia and Hydragate will use a $100,000 state grant for a locally made solar tracker system.
ACCC puts squeeze on Berri juice
![Berri Australian Fresh juice](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/12/24/1225975/972149-berri-australian-fresh-juice.jpg)
NATIONAL Foods has been forced to rebrand Berri Australian Fresh juice after an ACCC investigation.
Elders buys vet supply business
![e](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/12/21/1225974/608178-e.jpg)
ELDERS has paid $4.5 million for the Elders Vet Supply agency business.
Santos confirms Korean LNG deal
![santosTH](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/09/09/1225916/788569-santosth.jpg)
SANTOS has locked in more than $US120 billion of gas sales for its Queensland liquefied natural gas project.
Austral buys Whyalla hardware store
![Bob's Home & Hardware](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/12/15/1225971/581950-bob-039-s-home-amp-hardware.jpg)
AUSTRAL Corporation has bought Whyalla's largest hardware store, Bob's Home Hardware & Timber, to expand its local footprint.
New app for Chinese wine drinkers
![wine](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/03/30/1225847/508555-wine.jpg)
ADELAIDE start-up WhatWine has launched a free, bilingual iPhone app for China's emerging wine drinkers.
Barossa-style wining and dining
![Maggie Beer](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/12/15/1225971/573499-maggie-beer.jpg)
BAROSSA lovers can win a chance to wine and dine with the region's famous chefs and winemakers.
Growth challenge for small lenders
![home loans](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/06/19/1225881/604247-home-loans.jpg)
THE so-called "fifth pillar" of the banking sector must prove it can meet the challenge of growth expected of it.
Our farmers to reap the riches
![An Image Farm](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/02/16/1225831/064821-an-image-farm.jpg)
SOUTH Australian farmers will top the nation with the best financial performance due to sharp improvements in production and prices in 2010-11.
Beach Energy in control of Impress
![oil search](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2009/10/19/1225788/250974-oil-search.jpg)
BEACH Energy has taken a majority stake in Impress Energy, meaning a rival takeover is impossible without its cooperation.
China's White Knight of Cairn Hill
![Song](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/12/13/1225970/426049-song.jpg)
IT'S all about being in the right place at the right time for Chinese investor Song Yuangang.
LMC counting cost of state growth
![high rise](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/03/12/1225840/177486-high-rise.jpg)
A STATE Government agency is looking for new ways to pay the state's growing infrastructure bill.
SA pubs tackling cuts and bans
![Pubs](http://web.archive.org./web/20101225121949im_/http://resources0.news.com.au/images/2010/03/15/1225840/671320-pubs.jpg)
SOUTH Australia's hotel industry is "sort of" prospering but is up against a number of challenges.
WPG hands down Pt Pirie contract
![iron ore](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/04/15/1225854/065239-iron-ore.jpg)
WPG has chosen Kerman Contracting to design and construct its iron ore storage facility at Pt Pirie.
Signostics seeks foreign partner
![AN Image Signostics](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/03/16/1225841/509070-an-image-signostics.jpg)
SIGNOSTICS is in talks with potential overseas partners to grab a larger slice of the healthcare market.
Demand drives new MTA centre
![Training](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/12/13/1225970/437782-training.jpg)
DEMAND for diesel mechanics drove the construction of a workshop to train SA's motor trades apprentices.
Wilcherry Hill partners halt trading
![Mining activity](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2009/11/17/1225798/679031-mining-activity.jpg)
SA junior miners IronClad and Trafford Resources are in trading halts ahead of a capital raising announcement.
Valued staff told to take a package
![ipad](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/12/12/1225969/778189-ipad.jpg)
BOSSES are giving presents instead of cash bonuses or pay rises to reward staff and retain skilled workers.
Holden in Cruze control
![Cruze](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/12/10/1225969/128311-cruze.jpg)
THE Cruze will challenge the Commodore for bragging rights at Holden's Elizabeth plant next year.
Arasor's report card a sea of red
![State debt](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2009/11/23/1225801/932146-state-debt.jpg)
ARASOR has delivered its June 2009 result, posting a $4.7 million half-year loss.
Gliderol slides towards $42m sale
![Ben Lumbers](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/12/09/1225968/482865-ben-lumbers.jpg)
SA ROLLER door maker Gliderol has been bought by GWA Group for $42 million.
Y&R; to reopen Adelaide office
![GRYR](http://web.archive.org./web/20101225121949im_/http://resources0.news.com.au/images/2010/12/09/1225968/388580-gryr.jpg)
THE local advertising market is set to get a shake-up with George Patterson Y&R reopening an Adelaide office.
Iron ore, uranium drilling on rise
![mining](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/12/09/1225968/095266-mining.jpg)
MINING companies have spent $45.2 milion in South Australia during the September quarter.
HP to double Adelaide workforce
![CM Tech thumb](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/03/10/1225839/042395-cm-tech-thumb.jpg)
TECHNOLOGY giant Hewlett-Packard wants to double its Adelaide workforce.
Bickford's squeezes in UK brand
![fruitshoot](http://web.archive.org./web/20101225121949im_/http://resources0.news.com.au/images/2010/12/08/1225967/744460-fruitshoot.jpg)
BICKFORD'S Australia has signed its first manufacturing and distribution deal with a large UK soft drinks maker.
Havilah may scale down project
![Gold](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/11/13/1225952/981710-gold.jpg)
HAVILAH Resources is evaluating scaling down its Kalkaroo copper-gold project near Broken Hill.
Electric car recharge at Clovelly Park
![Mitsubishi i-MIEV electric car](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2009/10/22/1225790/155810-mitsubishi-i-miev-electric-car.jpg)
MITSUBISHI Motors will unveil Australia's first electric vehicle recharging station for its i-MiEVs at Clovelly Park this month.
Coopers malt extract exports up
![Coopers](http://web.archive.org./web/20101225121949im_/http://resources0.news.com.au/images/2010/12/08/1225967/729960-coopers.jpg)
NEW Asian customers of Coopers Brewery's malt extract lifted exports by 47 per cent last financial year.
Impress investor vetoes Beach's bid
![gas](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/03/29/1225846/696905-gas.jpg)
BEACH Energy's new bid for Impress Energy has been rejected by the company's major shareholder.
Billions to boost SA power network
![Power lines](http://web.archive.org./web/20101225121949im_/http://resources1.news.com.au/images/2010/05/12/1225865/380533-power-lines.gif)
UP to $6 billion could be spent on SA's electricity transmission network by 2020 as demand for power increases.
Digislide cuts debt with equity handouts
![Lucielle Outhred](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/12/07/1225967/155619-lucielle-outhred.jpg)
DIGISLIDE has cut more than $565,000 from its books in a debt-equity swap, swelling its share base by 8 per cent.
AGL wins landmark court case
![WInd farm](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2009/11/25/1225803/769958-wind-farm.jpg)
THE Adelaide environmental court has ruled in favour of AGL's Hallett 3 wind farm project at Mt Bryan.
State high on rural confidence
![wheat crop](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2009/12/08/1225808/104007-wheat-crop.jpg)
AMID the gloom of severe drought in WA and flooding rains on the east coast, SA remains the standout state with high levels of rural confidence.
City Council a 'progressive body'
![Stephen Yarwood](http://web.archive.org./web/20101225121949im_/http://resources3.news.com.au/images/2010/11/13/1225953/065439-stephen-yarwood.jpg)
LORD Mayor Stephen Yarwood wants to reassure businesses that the city council is a progressive body, keen to work with traders and the Government.
First branch of merged credit union
![Peter Evers](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/12/06/1225966/548006-peter-evers.jpg)
THE merged Australian Central and Savings & Loans credit union is on target to open its first branch.
News
'We're lucky to have each other'
![Julia Gillard](http://web.archive.org./web/20101225121949im_/http://resources2.news.com.au/images/2010/12/25/1225976/051250-julia-gillard.jpg)
POLITICAL leaders have bestowed their Christmas wishes to the Australian people and asked them to keep our troops in mind over the festive season.
Sport
Ponting cleared for battle
![Ricky Ponting](http://web.archive.org./web/20101225121949im_/http://resources0.news.com.au/images/2010/12/24/1225975/990820-ricky-ponting.jpg)
RICKY Ponting has declared himself fit for the Boxing Day test with his injured finger surviving a training session at the MCG.