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Image: Ryan/stock.adobe.com The evolution of Australia’s defence expenditure from 1949 to 2023 reveals a story of growth, with recent years showing increases. By 2023, defence expenditure had soared to over $50 billion, and, according to SIPRI, Australia was ranked 13th in global military expenditures during this time frame.
Image: MaxSafaniuk/stock.adobe.com More than $340,000 is being invested into revitalising a local railcar manufacturing plant, as a part of a Western Australian Government plan. ” Gemco Rail will use the funding to upgrade and modernise its Forrestfield-based railcar manufacturing plant and equipment. . More than $13.5
From advances in core automation technologies to the cutting edge, the Automate 2023 event in Detroit did a great job showcasing the variety of technologies available to manufacturers today.
Speaker: Gary Mintchell, Founder of The Manufacturing Connection
In a world where new technology keeps popping up out of nowhere, it's easy to think that this new tech can solve any and all your manufacturing challenges. April 5th, 2023 at 11:00 am PDT, 2:00 pm EDT, 7:00 pm BST This is a dangerous assumption because thoughtless reliance on technology can become a liability.
Image: ID1974/stock.adobe.com Australia will manufacture missiles at home from 2025, thanks to another step forward by the Federal Government who have signed two memoranda of understandings (MoU) with the United States. The post Australia to manufacture missiles from this year appeared first on Manufacturers' Monthly.
stock.adobe.com A $20 million Federal Government investment is set to expand Australias largest and only onshore manufacturer of IV fluid , Baxter Healthcare. Australia began to see a shortage of IV fluids in early 2023, with the Therapeutic Goods Administration predicting that global supply issues are likely to continue during 2025.
In this insight, we will discuss two new growth areas identified from our research and conversations with manufacturers: smart conveyance technology and robots with machine-integrated control.” The market for linear systems has surged over the past three years, with sales revenue growing from $237 million in 2020 to $488 million in 2023.
To meet increasing Chinese demand, Universal Robots ( UR ) has established manufacturing capabilities in Nantong, China. Its other cobots, including the latest generation that includes the UR20 and UR30 , will continue to be manufactured in Odense, Denmark, where UR has been headquartered since its founding in 2005.
Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. July 11th, 2023 at 9:30am PDT, 12:30pm EDT, 5:30pm BST But what do these really mean today? Stability has become key in this post-COVID world, and will remain key moving forward.
In the grand energy race of the 21st century, the pulse of global innovation beats inside battery manufacturing plants. The global battery manufacturing market is growing rapidly, fueled by the electric vehicle (EV) revolution and relentless pressure to decarbonize.
in November, the ninth consecutive month of decline, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). in November, the ninth consecutive month of decline, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).
Image: stellastock/stock.adobe.com Central Coast manufacturers are encouraged to apply for funding available from a new $800,000 pilot program launched by the NSW Government to boost productivity, reduce costs and increase competitiveness. Manufacturing employs 10,600 people in the Central Coast and contributed $1.4
Image: razihusin/stock.adobe.com SA manufacturers secure a crucial role in the US nuclear-power submarine program, with the first South Australian-based manufacturer taking a step closer to joining the supply chain after securing a Newport News Shipbuilding supplier identification number this week.
This change, which is planned to take effect during Q4 2023, will allow customers to use Ignition Cloud Edition to build reusable, commercially viable multi-tenant applications. In Q4 2023, the number of Ignition Edge products will be reduced from five to two, which are Ignition Edge IIoT and Ignition Edge Panel.
Image: wacomka/stock.adobe.com The Southern Hemisphere’s only mRNA manufacturing facility has opened in Victoria to ensure world-class mRNA vaccines and medicines can be made in Australia. The post World-leading Moderna vaccine facility opens in VIC appeared first on Manufacturers' Monthly.
Emerson announces that the Valve Manufacturers Association of America (VMA) has elected Andy Duffy as chairperson of its board of directors for 2023-24. In his new role, Duffy will help ensure the organization provides the most value to its members and advances the valve industry at large.
During the ESG Summit at Automation Fair 2023, the strategy of combining sustainability and digital transformation was discussed not as a distant strategy for manufacturers, but an impending requirement.
Worldwide sales of semiconductor manufacturing equipment increased 10 percent to $117.1 billion in 2023, according to a report by SEMI, the industry association representing the global electronics design and manufacturing supply chain. billion in 2024 from $106.3
Founded in 2023, RoboForce’s team is made up of tech leaders from CMU Robotics, Michigan Robotics, Amazon Robotics, Tesla Robotics, Google, Waymo, Apple, and Microsoft. RoboForce casts wide net for initial applications The startup’s target industries include solar, space, manufacturing, and mining, sectors the U.S.
Serve Robotics has raised $220M to date Since its spinout from Uber, Serve Robotics said it has raised $220 million in total funding, including $13 million in 2021 , $30 million in a 2023 reverse merger , and a $40 million initial public offering in early 2024. The new model is designed to be safer and be manufactured at a reduced cost.
350 professionals were surveyed across Automotive Manufacturing, Power and Utilities, Renewable Energy, Transportation and Logistics, Smart Cities, and more to share feedback on building IIoT systems. Implementations are up from 67% in 2022 to 75% in 2023. IIoT no longer generates the buzz it did in the mid-10s of the century.
Ransomware starts through phishing emails, weak or stolen credentials, or vulnerabilities in remote access software.Image: jijomathai/stock.adobe.com As ransomware threats continue to evolve, investing in Operational Technology (OT) cybersecurity solutions is vital for manufacturers.
Since the start of fiscal 2023, muted demand primarily in the key markets of China and Germany coupled with increased competitive pressures have considerably reduced orders and revenue in the industrial automation business. The post Siemens Makes Employment Adjustments appeared first on The Manufacturing Connection.
ABB has announced that construction is starting on the expansion of its existing North American robotics headquarters and manufacturing facility in Auburn Hills, Mich. The project is expected to be completed in November 2023 and represents an investment of $20 million. appeared first on Design World.
Robot density in the manufacturing industry in 2023, according to the IFR. The new global average robot density reached a record 162 units per 10,000 employees in 2023 — more than double the 74 unit average measured only seven years ago. 1 adopter of industrial robots in 2023, with 1,012 robots per 10,000 employees.
Local content policies are needed to boost manufacturing capacity, technology investment, and global competitiveness. The Federal and state governments must commit to building sovereign manufacturing capability by legislating local content policy. Today, manufacturing is responsible for just 5 per cent of our GDP and only 5.4
Images: ELGi Compressed air specialist ELGi Equipment has found success focussing on advanced manufacturing, innovation, and customers. By investing in advanced manufacturing techniques and vocational training programs, it strengthens the industry with skilled talent and elevates standards for quality and efficiency.
In today’s rapidly evolving business landscape, the integration of Environmental, Social, and Governance (ESG) principles has become crucial for manufacturing companies striving for sustainability. New Pathways for Sustainable Manufacturing Success The shift toward sustainable manufacturing practices opens a myriad of growth opportunities.
The Robot Report Podcast Vibration Control in Manufacturing & Robotics In Episode 192 of The Robot Report Podcast, co-host Eugene Demaitre interviews Rob Marshick, national sales manager at ITT Enidine Inc. The Zurich-based company reported that after a steep drop in 2023, global industrial robotics orders improved in Q1 of 2025.
on the previous year, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). decline, capping off a challenging year for the sector as manufacturers strove to create demand for electric vehicles in a bid to meet new mandated sales targets. Consequently, average new car CO2 has fallen by -6.2%
“In 2023, 23 WA companies attended Avalon and had the opportunity to showcase their products and capabilities to senior civil aviation, aerospace, space, defence industry, military and senior government personnel from around the world. EOIs close on 9 December.
Image: narawit/stock.adobe.com New Relic has published the a new report to offer analysis on the adoption and business value of observability as the Asia Pacific manufacturers accelerate their digital transformations. Close to half of manufacturing organisations said AI technologies were driving observability needs.
manufacturing skills gap, there will be 2.1 million unfulfilled manufacturing jobs by 2030, which could total a loss of $1 trillion in 2030 alone, according to a report from Deloitte and The Manufacturing Institute. from November 2023, according to a report released by AMT The Association For Manufacturing Technology.
I am consistently asked by our customers: How can manufacturers contain customer satisfaction without excessive overstock? How can manufacturers better predict the output of manufacturing? Could there be a link between IT-OT infrastructure and manufacturing visibility and resiliency?
The funding will support Vast’s green technology manufacturing and project development activities as it deploys its concentrated solar thermal power (CSP) solution to deliver the clean, dispatchable power and heat that the world needs.
I mostly discard all analyst predictions about the future of manufacturing markets. They sent me a recent report by Jack Loughney, senior data analyst, who maintains the Manufacturing Industry Output Tracker (MIO). Our prediction for a soft 2024 for global manufacturing followed by a “strong-ish” recovery next year is mostly holding.
More recently, Rainbow in 2023 opened a branch office in Schaumburg, Ill., In addition, Samsung plans to use Rainbow Robotics RB cobots , dual-arm mobile manipulator , and autonomous mobile robots ( AMRs ) to automate manufacturing and logistics tasks. to market its collaborative robots in the U.S.
UK commercial vehicle manufacturing falls -3.9% UK commercial vehicle (CV) manufacturing fell by -3.9% in October following September’s return to growth, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). UK commercial vehicle (CV) manufacturing fell by -3.9%
The number of course enrolments aligned to South Australian Government priority areas, including education and care, construction, defence and manufacturing and clean energy, increased by 6.8 per cent compared to 2023. The rise aligns with the Fee-Free TAFE initiative that started in early 2023. Unemployed: increased by 1.4
Sector calls for government to fast track industrial and trade strategies for automotive manufacturing. UK vehicle production dipped below one million units in 2024, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). lower than in 2023.
The NEC Birmingham will once again play host to Smart Manufacturing Week (SMW) the UKs largest festival of advanced manufacturing and engineering on 45 June 2025. in previous years 2025 will also play host to several satellite events, such as The Manufacturer Top 100 Awards and the Manufacturing Digitalisation Summit.
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