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Industry 4.0 is the current trend of automation and data exchange in manufacturing technologies that creates the so-called smart factory, where information and operations technology systems converge in a single network architecture.

 

By linking intelligent machines and Internet of Things technologies, an enterprise can experience seamless connectivity and information sharing across people, plants and supply chains.

 

But what does Industry 4.0 mean for Australian equipment manufacturers and their customers? In this video, OEM Foodmach, intelligent systems integrator Matthews and industrial automation and informations solutions provider Rockwell Automation provide some pre-AUSPACK insights.

 

Food & Drink Business

Australia’s national science agency has proposed cutting up to 52 net roles from its Agriculture and Food division and exiting food ingredient innovation, precision fermentation, microbial technologies, and its national food innovation network – changes the food tech sector says leave a significant gap.

The NZ$307 million sale of the Pōkeno facility to Abbott is complete, delivering a material debt reduction for the Canterbury dairy processor – but significant refinancing pressures remain as the company pursues its Stabilise, Simplify, Scale recovery plan.

Pure Foods Tasmania has entered a binding agreement to acquire the assets of Brilliant Food Australia, a premium seafood brand. The $300,000 deal adds the brand to the Woodbridge Smokehouse stable and lifts PFT’s revenue base by approximately 24 per cent.