Austal wins $30m contract

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.

Cimic starts with profit growth

Engineering giant CIMIC has reaffirmed its full-year profit guidance after lifting first-quarter profit 7 per cent to $172 million.

Civmec wins work in $3.6bn naval build

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.

Hopkins in $508m panel beating buyout

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.

Local contractors secure $18m PTA deal

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.

Kwinana development highlights intervention debate

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.

Thermomix hit with $4.6m court fine

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.

Johnston in defence export role

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.

Austal locks in $13m US contract

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.

Car sales rise in WA

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.

WA farm manufacturer up for international award

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.

Rothwell reflects on Austal journey

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.

Segnut keeps wheels turning

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.

$1.2bn frigate contract for Henderson

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.

Orica locks in Pilbara contracts

Melbourne-based explosives manufacturer Orica has secured supply contracts in the Pilbara with BHP Billiton and Roy Hill, but expects operational issues and write-downs to cut its first-half earnings by nearly $400 million.

US drives strong Austal half year

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.

Building company fined $65,000

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.

Revenue rise lifts Civmec

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.

Orbital planning to shift up a gear

Balcatta-based Orbital Corporation recorded an unaudited $1.5 million after-tax loss for the first half of the financial year, but expects a profit in its full-year result, as it shifts focus to building engine parts for unmanned aerial vehicles.

Bikes mean business for Steadyrack

Perth-based bike business Steadyrack has installed more than 600 bike racks at Woodside’s new Capital Square office building as cycling in the city grows in popularity.

WA car sales rise in 2018

The state’s automotive industry got off to a positive start in 2018 with a rise in new vehicle sales for January, compared to last year, on the back of increased SUV and light commercial vehicle sales.