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Local VIC startup to establish new facility

Manufacturer's Monthly

Image: brizmaker/stock.adobe.com The Victorian Government is backing an innovative local startup, Kit Magnetics, to establish a new advanced manufacturing facility in Melbourne, creating more than 650 jobs. This is set to boost local and global export markets and benefiting industries like automotive, transport and mining.

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Weekly RoundUp – Avoiding Maintenance Downtime, Auto Industry Hinting Towards Normalcy, Manufacturing Technology Orders Up – Week of 11/14/22

HGR Inc.

According to a widely cited industry figure from Deloitte, in their report on smart factories, even during the best of times – before COVID caused disruption – unplanned downtime costs industrial manufacturers an estimated $50 billion annually. Manufacturing Tomorrow | Nov 14, 2022 | Manufacturing Tomorrow. Harbour Results Inc.

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Echoes of Innovation

Dinesh Mishra

The 1980s marked a period of significant advancements in software and programming for CNC machine tools. The integration of CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing) became more prevalent, streamlining the design-to-production workflows.