Manufacturing

It’s do or die for Australian manufacturing

31 comments
Our manufacturers have a second chance to succeed, but to stay afloat they will need to totally reinvent the wheel.

Graeme Hart set for $1bn bonanza

Hart positions wood product supplier Carter Holt Harvey for a possible $1bn sale.

SurfStitch pitching at discount to peers

SurfStitch, the world’s biggest online sports retailer, has been earning a tick from investors during its IPO road show.

Billabong faces stiff challenges in Americas

Global surfwear brand says difficulties will weigh on short-term results.

ACCC clears PacBrands workwear sale

Consumer watchdog won't oppose Wesfarmer's $180m acquisition of King Gee, Hard Yakka brands.

Samsung to slash phone models in 2015

by AFP
Group aims to cut prices in the face of intense Chinese competition.

Nokia plans 2015 comeback with Android tablet

by AFP
Tablet aimed at Chinese market, retails for $US249, other markets eyed.

Pacific Brands offloads Brand Collective assets

Anchorage Capital, PAS Group, Sports Direct snap up sections of footwear and sport businesses.

Pacific Brands confirms sale talk

Clothing group is discussing a sale of Brand Collective business, owner of Volley and Hush Puppies labels.

Orica chemicals division sale in doubt

Spin-off may be more likely as Bain Capital drops out of running to buy $900m division.

Berkshire to buy Duracell for $US4.7bn

Buffett says Duracell has always been impressive, will fit well within Berkshire Hathaway.

Bluescope sees H1 profit in line

Steel producer tells shareholders it expects first-half NPAT to be similar to second half FY14.

Dulux FY profit lifts almost 40%

Paint maker targets improved profit in FY15, will pay final dividend of 10.5c.

Alcoa fined over WA worker's death

by AAP
Aluminium group to pay $68,000 penalty for 2009 incident.

Adelaide Brighton secures $540m facility

Cement manufacturer replaces all existing debt facilities under new deal with three major banks.

PE to submit Orica chemical bids

Analysts value the non-mining chemical business in a wide range of $500 million to $1 billion but doubt Orica can get a “knock-out” bid that would outweigh its demerger alternative.

Brickmaking could cease without merger: Boral

by AAP
Kane says refusal of CSR JV will put industry on same trajectory as carmaking, oil refining.

Green’s Foods hits the road for IPO

The company behind the Green’s cake mix plans to raise $47m in its IPO as private equity firm CVC sells down its stake.

CSR lifts first-half profit

Building products maker expects to hit upper end of analyst forecasts for FY profit.

Smorgon scion puts Jalco on market

A member of the Smorgon Steel dynasty places consumer packaging company up for sale.

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