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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

Fonterra Co-operative Group has completed the sale of Mainland Group to French dairy giant Lactalis, closing a divestment process that began in mid-2024 when the co-op announced a strategic shift to become a pure-play global B2B dairy provider.

A potential combination of the world’s second and fifth largest spirits companies would create a $43.6 billion (US$30 billion) global player, second only to Diageo.

Tongala Nutrition has received a $1.5 million government grant through the new $150 million Victorian Investment Fund. The funding will support the company’s expansion, creating more than 40 new jobs in the region.