Local shipbuilder Austal has expanded its footprint in the US with the acquisition of technology company ElectraWatch in a cash deal worth $US6.7 million ($9 million).
Long-running plans by Vikas Rambal’s Perdaman Industries to build a multi-billion dollar urea manufacturing plant in Western Australia have received a fillip, with his group signing a gas supply agreement with Woodside Petroleum.
Henderson-based Austal has secured a $29.7 million contract to build two additional Pacific patrol boats on top of an existing $305 million federal government program, days after German shipbuilder Lurssen awarded Civmec a key contract for the Royal Australian Navy offshore patrol vessels.
German shipbuilder Lürssen has awarded Civmec a key contract for the Royal Australian Navy offshore patrol vessels, which are being built as part of a $3.6 billion federal government program.
Perth-based Andrew Hopkins has led a $508 million buyout of national panel beating business AMA Group, with the deal backed by private equity giant Blackstone.
Dowsing Concrete and Axiis Contracting will split an $18 million contract for concrete work associated with the Public Transport Authority’s bus stop upgrade program over the next five years.
At a time when debate about a potential outer harbour project south of Perth is building momentum, a look at the history of development in Kwinana’s industrial zone provides an illustration of the impact of government intervention in the state’s economy, for better or worse.
Perth-based kitchen appliances firm Thermomix has been ordered to pay $4.6 million in penalties after the Federal Court of Australia found that the company misled customers when its products were found to be dangerously faulty.
Former defence minister and senator for Western Australia David Johnston has been appointed Australia’s first defence export advocate, after the federal government committed to spend an additional $20 million every year to support the sector.
The US arm of Henderson-based shipbuilder Austal has secured a $US10.2 million ($13 million) for engineering and design work with the US defence department.
New vehicle sales in Western Australia registered a slight increase in March compared with the same month last year, while sales for the 12 months to March were up 5.3 per cent on the prior year, according to the latest data from the Federal Chamber of Automotive Industries.
Based in the Wheatbelt town of Cunderdin, agricultural machinery manufacturer Trufab Global has been nominated as Australia’s only finalist in the 2018 Swedish Steel Prize.
John Rothwell remembers some of the most significant deals made in the early days of shipbuilder Austal, in the latest instalment in our series to celebrate Business News' 25th anniversary.
A local business offering the potential to reduce maintenance downtime in the mining and related industries has secured a national distributor for its fast-release nut design.
The federal government has signed a $1.2 billion contract extension with a group of defence contractors for maintenance work on eight Anzac-class frigates for the next five years, with BAE Systems and CIMIC's UGL among the major beneficiaries.
Shipbuilder Austal reported a big jump in profit for the first half of the financial year, while it is still unsure of what its exact role will be in the upcoming $3 billion offshore patrol vessel build program.
Limestone Building Blocks Company has been handed a $65,000 fine after a worker at its Nowergup manufacturing plant was seriously injured when he became trapped in a block-making machine last year.
Henderson-based contractor Civmec lifted profit to $S10.4 million ($A10 million) for the first half of the financial year, up 59 per cent, on the back of a big surge in revenue.