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Manufacturing

This Month

Alceon private equity’s PE co-heads, David Wilshire and Zac Midalia.

Alceon PE signs on dotted line for Boss Engineering; Citi in for debt

Alceon was attracted to the business by Boss’s focus on automation and robotics, and exposure to Australia’s essential food supply needs.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Traffic in Hualien, Taiwan. Life begins to return to normal after Wednesday’s earthquake.

Chipmaker resumes production as Taiwan begins quake recovery

TSMC, the leading producer of advanced chips for Apple and Nvidia, has restarted operations, less than 24 hours after evacuating staff and halting work.

  • Debby Wu and Chien-Hua Wan
The Rheinmetall Boxer CRV at Parliament House in Canberra in 2017.

Australia locks in $1b defence deal with Germany

The manufacturing deal will create at least 600 jobs in Queensland but was thrown into doubt last year after Labor snubbed the company involved for its own defence contract.

  • Updated
  • Hannah Wootton
The a2 Milk Company, led by CEO David Bortolussi, has not said if it will participate in a pending equity raising by its manufacturing partner Synlait Milk.

Synlait Milk races to raise capital and sell assets to repay debt

Around $120 million was due on Thursday, but the New Zealand-based group has won three more months to find the money for its lenders.

  • Carrie LaFrenz
The Saverglass factory in Arques. Orora spent $2.2 billion buying the French group earlier this year.

Orora flags earnings pain at its big French acquisition Saverglass

The ASX-listed bottle manufacturer purchased the 126-year-old business last year. On Tuesday, it said orders were lower than expected, sending shares lower.

  • Simon Evans
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Rooftop solar adoption has taken off.

Want Australian-made solar? Be prepared to pay $1500 more

SolarQuotes’ Ronald Brakels says there are probably enough consumers willing to pay a premium for locally made panels for a manufacturer to make a go of it.

  • Ben Potter
A worker assembles an SUV at a car plant of Li Auto, a major Chinese EV maker, in Changzhou.

China’s factory expansion is new sign of recovery

While the industrial sector expanded for the first time in six months, China is still grappling with a deep property slowdown and weak investor confidence.

  • Fran Wang

March

From left: SunDrive’s Vince Allen, Prime Minister Anthony Albanese, AGL shareholder Mike Cannon-Brookes, Tesla chairwoman Robyn Denholm, former prime minister Malcolm Turnbull.

AGL, Cannon-Brookes vying for $1b in solar manufacturing grants

SunDrive, backed by the Atlassian billionaire, is among groups including 5B and Tindo who want to use the taxpayer funds to expand local panel production.

  • Updated
  • Angela Macdonald-Smith and Ben Potter
Viva Energy CEO Scott Wyatt with OTR Group founder Yasser Shahin when announcing the takeover last April.
Viva Energy CEO Scott Wyatt with OTR Group founder Yasser Shahin, who have agreed a $1.1bn deal for Viva to buy Shahin’s “On the Run” network of convenience retailing stores.

Viva fires up convenience roll-out after locking away OTR

The completion of the $1.2 billion takeover kicks off the nationwide expansion of the On the Run brand, which will replace Coles Express at Viva’s fuel stations.

  • Angela Macdonald-Smith
One in three Australian households already have rooftop panels.

‘Bad old days are back’: Albanese warned about his $1b solar push

Previous attempts at boosting solar panel manufacturing in Australia have failed. Experts and economists question why this time will be any different.

  • Tom McIlroy
The Yallourn coal power station in Victoria, the country’s most carbon-intensive, is due to run until 2028.

Victoria’s gas aversion is driving emissions higher, energy users say

Industry figures say Victoria’s attitude is raising energy prices and emissions and preventing the closure of coal power stations

  • Updated
  • Angela Macdonald-Smith
Exxon’s large West Barracouta domestic gas project came online in 2021.

Australia dropped the ball on energy security: Exxon

Forecast gas shortfalls in the southern states cannot be blamed on Queensland’s LNG exports, one of the east coast’s biggest gas suppliers says.

  • Angela Macdonald-Smith
Seven Group CEO Ryan Stokes is also chairman of Boral.

Seven starts throwing haymakers to get Boral bid moving

An independent expert’s report is the tip of the iceberg in the battle for Boral. The fight is ramping up.

  • Updated
  • Anthony Macdonald
The rear of Boeing 737 fuselages outside the company’s manufacturing facility in Renton.

Boeing’s final chance to ‘clean house’ and end crisis

Stephanie Pope, Dave Gitlin and Patrick Shanahan are among possible contenders to take over as CEO as the aircraft maker struggles to restore confidence.

  • Claire Bushey, Sylvia Pfeifer and Philip Georgiadis
Senex CEO Ian Davies says it will soon be too late to address Australia’s gas supply problem.

Gas CEOs dial up warnings as ‘crunch time’ looms

Senex CEO Ian Davies and APA Group’s Adam Watson will warn of a “desperate” need for new gas supply to help cut emissions, and prevent higher costs for customers.

  • Angela Macdonald-Smith
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The matrix LED headlights are a marvel, but they are only available as party of a pricey option.

Audi issues second electric car recall due to fire risk

The federal transport department issued an urgent recall for more than 100 Audi e-tron vehicles and warned that owners may have to wait months for a fix.

  • Jennifer Dudley-Nicholson
Close quarters: The court action nearly a decade ago pitted Robert Millner, the chairman of Brickworks, and Soul Patts against Perpetual’s former equities head Matt Williams.

The big M&A contender no one talks about any more

It’s the year of the clean-up M&A trade. And when it comes to cleaning up, there’s one gorilla that’s been untouchable for decades.

  • Anthony Macdonald

How this manufacturer made it to the runways of Paris and New York

Melbourne Textile Knitting’s Stephen Morris-Moody has always been a dyed-in-the-wool fan of yarn. Now he’s taken his work to Calvin Klein and Ralph Lauren.

  • Luke Benedictus
Orica CEO Sanjeev Gandhi at the AFR Business Summit in Sydney on Tuesday.

‘Not a single cent’: Orica meets pushback on clean products

Chief executive Sanjeev Gandhi said regulations forcing companies to switch to cleaner products are needed to overcome a refusal to pay more.

  • Angela Macdonald-Smith
Boss Agriculture’s Inverell facility in 2022.

Alceon PE ready to harvest 50pc of agricultural equipment biz

Sources said Alceon had no troubles securing backers for the deal and was due to close the transaction in the coming days.

  • Sarah Thompson, Kanika Sood and Emma Rapaport