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Industry 4.0 is changing the game – fast – for manufacturers and the entire supply chain. Connecting IT and OT systems across all operations in a business, it's enabling data accumulation at an unprecedented scale. And at AUSPACK 2017 the industry can learn about how to make this data unlock value on the production line and beyond.

Manufacturers have more data at their disposal than they realise – intelligent assets like sensors, devices, machinery and other production assets can potentially deliver huge cost savings if the data they store is accessed and exploited intelligently.

According to Rockwell Automation (Stand 73), by the year 2020, more than 50 billion devices are expected to be connected to the internet. These devices are getting smarter and consequently, will help make manufacturing smarter. Now more than ever, manufacturers can readily take advantage of this growing intelligence through modern technology, such as cloud, mobile and converged plantwide EtherNet/IP.

As plants and production processes modernise current and legacy systems, and plant networks converge with enterprise business systems, manufacturers are gaining access to a tremendous amount of data. However, most need help to maximise the benefits of their data and transform it into actionable information.

And there's the reason to visit AUSPACK 2017, where a host of exhibitors will provide access to the latest thinking and technology on Industry 4.0, from information and automation solutions, to robotics and integrated coding and vision systems.

Food & Drink Business

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.

Maggie Beer Holdings (MBH) has pushed back the expected timing of its proposed $10 million sale of Hampers and Gifts Australia (HGA), with completion now targeted for February 2027 rather than a binding agreement signed by the end of this month.

RMIT University and End Food Waste Australia have launched the new Food and Beverage SME Packaging and Machinery Solution Centre, to help Australian food and beverage SMEs navigate the complex transition to more sustainable packaging and processing technologies, while protecting product quality and minimising food waste.