Austal’s net profit after tax was $52.4 million, up 29 per cent, while revenue fell 19 per cent to $840.3 million, due to a poor exchange rate and less throughput in the US.
Steelmaker BlueScope has reported a 78 per cent increase in its half year profit, while announcing a chief executive for climate change within the group.
Construction of the Mt Holland lithium mine and a Kwinana refinery will begin next year, Wesfarmers announced today, with the green light given to the mine development.
The Liberal Party has unveiled a $250 million pledge to boost the state’s manufacturing industry by providing one-off cash grants to incentivise industry development and expand international markets.
Modular building business Fleetwood has raised its half-year earnings guidance to as much as $16 million as the board approved an increased annual dividend payout.
Georgiou Group has been selected to upgrade Australian Marine Complex’s vessel transfer path, the first of four contracts at the Henderson facility worth a cumulative $88 million.
Leading Australian boot manufacturer Steel Blue has celebrated its 25th anniversary with the unveiling of a new $2 million machine designed to double its local manufacturing capabilities.
State development agency DevelopmentWA has filed plans to build a new $25 million marine engineering facility in Henderson for WA luxury yacht manufacturer SilverYachts.
Steel manufacturer InfraBuild is the latest company to be awarded a Metronet-associated contract, supplying steel parts for the construction of new railway lines.
ASX-listed contractor Civmec has secured new work across its maintenance, manufacturing, and construction divisions including with the likes of BHP and Rio Tinto.
Local businessman Norman Asch and accounting firm partner Todd Grover have become the majority shareholders in Western Australian sign-making company Kingman Visual.
