Latest Industrial Engineering News

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Matrix Composites & Engineering has fully redeemed its $7.5 million convertible note, replacing it with a new term loan facility from NAB that offers improved terms and a streamlined debt structure.
Victor Sage
Victor Sage
8 Dec 2025
Verbrec Limited has agreed to acquire Alliance Automation for $5.5 million, significantly expanding its automation and digital capabilities while adding over $60 million in annual revenue.
Victor Sage
Victor Sage
5 Nov 2025
Austin Engineering has lowered its FY26 revenue and EBIT forecasts due to challenges in key contracts and operational inefficiencies, while outlining strategic measures to restore profitability.
Victor Sage
Victor Sage
5 Nov 2025
Sprintex has successfully delivered and begun commissioning integrated control systems for Mest Water’s Netherlands facility, marking a key milestone before commercial production scale-up and a potential €9.3 million maiden order.
Victor Sage
Victor Sage
28 Oct 2025
Verbrec Limited’s FY2025 results reveal a revenue decline and lower profit from continuing operations, yet a near doubling in net profit attributable to members and a maiden dividend declaration.
Victor Sage
Victor Sage
28 Aug 2025
Austin Engineering reported a robust 22.2% revenue increase in FY25, driven by a strong North American expansion and improved margins in Asia Pacific. Despite some operational challenges in Chile, the company’s underlying profits soared, setting a confident tone for FY26.
Victor Sage
Victor Sage
26 Aug 2025
Austin Engineering Limited reported a robust 22.2% increase in revenue for FY25, alongside a mixed earnings performance and fully franked dividends.
Victor Sage
Victor Sage
26 Aug 2025
Austin Engineering has restated its FY24 financials due to revenue recognition errors in its Chilean subsidiary, leading to an upward revision of its FY25 revenue and profit guidance.
Victor Sage
Victor Sage
13 Aug 2025
PWR Holdings announces founder and Managing Director Kees Weel’s phased return from medical leave and planned transition to Non-Executive Chairman after the October AGM, as the company embarks on a global CEO search.
Victor Sage
Victor Sage
24 July 2025
Civmec Limited has completed its acquisition of Luerssen Australia, reinforcing its position in Australia's naval shipbuilding industry and supporting key defense programs.
Victor Sage
Victor Sage
2 July 2025
Sprintex Limited has extended convertible note and loan agreements totaling A$2.85 million, bolstering financial flexibility as it prepares for a significant sales trial with the Van Drie Group that could unlock over A$8.5 million in revenue.
Victor Sage
Victor Sage
1 July 2025
Austin Engineering has raised its FY25 revenue guidance to $370 million, driven by strong growth in the Americas, but has lowered its EBIT forecast due to operational challenges in Chile.
Victor Sage
Victor Sage
11 June 2025