Developments

Aquila NFU glove meets mining needs worldwide

Mining – an ages-old industry where personal injury and danger have been constant concerns, and where Aquila are delighted to now offer a range of gloves designed with exactly this situation in mind. Their NFU600S meets the general-purpose needs of mining workers for an enhanced grip protective glove that is both comfortable to wear over a long shift and low cost to purchase. Aquila NFU600S gloves feature a 13-gauge nylon liner in a fine knit outer palm dipped in sandy nitrile. The user experience is expected to include good grip, especially of slippery oily parts, coupled to a high degree of flexibility and durability with optimum dexterity in handling small items. The foam nitrile palm coat provides liquid resistance while leaving the remainder of the glove to breathe comfortably. The NFU600S is part of an Aquila mining-oriented offering which also includes a wide range of impact protection gloves – plus cut resistance gloves where sharp object protection is required.

The last thing companies should be doing right now is paying dividends

The economic heart attack induced by COVID-19 has revealed an ugly truth – many very large companies have too little cash to ride out sharp downturns. Cash flow variability, and the inability to retain earnings to buffer that variability, is one of the most common reasons small businesses fail. Because large companies have raised large amounts of cash through public offers, and take in large amounts of cash in their ordinary operations, they ought to be more resilient. Yet even though the pandemic-inspired shutdowns are mere weeks old, many big companies such as Virgin Australia and listed childcare providers are already pleading for or receiving public guarantees and bailouts. Other companies such as Flight Centre and Cochlear are rushing to raise extra funds though discounted share placements. Bond and debt markets are experiencing severe problems, making it difficult for these companies to borrow. Why are big companies so vulnerable? Catastrophic declines in cash flow are only half the story. The other half is the three-decade focus on maximising shareholder returns. Companies have used four strategies to keep their share prices high and push them higher. First, they have paid out profits to shareholders in the form of dividends, leaving them with less to build cash buffers, pay higher wages and reinvest in the business. Reserve Bank research shows that over the past three decades dividend payouts have trended up over time to more than 80 cents of every dollar of corporate profits. In some companies dividends payouts exceed 100% of profits. Second, the same Reserve Bank research points to the increased use of share buy-backs and dividend reinvestment plans. The former boosts share prices by shrinking the stock of shares. The latter boosts demand for that stock. Third, to lock in these historically high dividend payout ratios, shareholders, including institutional shareholders such as superannuation funds, have demanded boards agree to dividend guarantees. […]

What to do with 1 billion hours of time?

COVID-19’s impact on the Australian labour market has been dramatic and multifaceted. Some sectors of the economy have been almost completely shut down by government order. The demand in many industries has collapsed, while a few others have seen an increase. As many as one million jobs are under threat. Such estimates came before the government’s extraordinary JobKeeper scheme, which will undoubtedly reduce this figure considerably. Despite that, many who will keep their jobs may not actually have much to do at work. The economy will be in “hibernation” or on “life-support” for some time to come. We’ve gained about 1 billion hours of time If the economy has shed the equivalent of one million jobs, then we’ve gained about one billion hours of available time, and that’s just over the next six months. The full impact of the crisis could be even larger. What should we do with this time? Many of us are spending more time with children who are no longer physically at school. Some of us are doing tasks which our older relatives previously did. Netflix is also a compelling option. From a human capital perspective, the crisis presents a unique economic opportunity to re-train and up-skill Australia’s labour force. The Australian government jumped on board on Sunday, announcing funding that would cut the price of new six-month, remotely delivered diplomas and graduate certificates in nursing, teaching, health, information technology and science provided by universities and private tertiary institutions. Economists have long observed that investment in human capital (education, skills) tends to increase during recessions, because there aren’t as many well-paying alternatives. We can use it to get ahead of the curve In the current recession, the opportunities for training are greater. Even those of us who will remain employed but have little to do can use the time to invest in training. Our […]

Kemppi expands helmet range

Leading international welding equipment manufacturer, Kemppi, has launched its next-generation Alfa and Beta welding helmets and respirator models. The new e-series models provide excellent protection for arc welding, cutting, grinding, gouging and inspection processes. What’s more, they deliver refined performance, durability and comfort to suit various budgets. The new e-series range has been designed using feedback from ‘active welders’ to deliver greater wearable value. Highly robust and durable, both the Alfa and Beta e-series models feature an impact-rated shell that is tough and strong, yet lightweight. The spacious design of both the Alfa and Beta e-series accommodates eyeglasses and half masks, while also allowing good access to tight spaces. Plus, several settings and features support easy adjustment for the best personal fit and extra welding comfort, including a comfort headband, integrated magnifying lens holder and an overall 20% weight reduction when compared to previous Beta models. Users can also choose from new, optional leather neck and shoulder protectors. Both Alfa and Beta e-series models include a flip-up welding lens that is perfectly positioned for pre and post-weld inspection. Plus, the lenses’ GapView feature is especially suitable for tacking and setting work. The large and clear impact grade inspection lens has a viewing are of 80cm2 and is certified to EN 175B and AS/NZS 1337.1. Users can choose from a wide range of welding lens options. Alfa e-series Starting at just 467g, the Alfa e-series welding helmets are Kemppi’s most lightweight and compact face shields in its welding safety product range. A durable, low-cost solution that provides protection for all general welding applications and grinding, the Alfa e-series welding helmets are equipped with either a passive glass welding lens or auto-darkening ADF welding lens. Beta e-series The Beta e-series has been designed for professional welders. Certified for welding, cutting and grinding according […]

Proven and new at the same time: tribo-polymer iglidur E7 for energy-efficient plain bearings

Treotham expandS its plain bearing range with the very abrasion-resistant igus material iglidur E7 With specifications such as low coefficient of friction and excellent vibration dampening, the tribo-polymer iglidur E7 has already proven its strengths in the sliding elements of the drylin linear technology from igus. Now the plastics specialist has also included the material in its plain bearings catalogue range. This also allows users to benefit from iglidur E7 mechanisms with rotating or pivoting movements. The low coefficient of friction of the material ensures smooth movements, reduces the required drive energy and saves additional costs. In times of advancing automation of the industry, durable, cost-effective and above all energy-efficient machine components are called for. Since 1983, the motion plastics specialist igus has been developing tribo-polymers for plain bearing technology that are free of lubricants and therefore free of maintenance. igus has a total of 57 iglidur materials in its product range for various applications. iglidur E7 is among them. The tribo-polymer has been used in the sliding elements of drylin linear systems since 2012 and has been available in dryspin lead screw nuts since 2018. iglidur E7 has already proven itself in many applications such as camera lenses, train doors and even 3D printers. Above all, the vibration-dampening specifications of the tribo-polymers convince the user. Therefore, igus has now further developed the material for its plain bearing range. The iglidur E7 is specifically designed for low to medium loads in pivoting movements and withstands surface pressures of up to 18 MPa in motion. Due to the very low coefficient of friction of the iglidur E7, the drive energy is reduced, saving costs for the user. The new plain bearing material is suitable for flap or sensor bearings. Further applications are found in packaging, textile machinery and furniture technology. Tried […]

Launching Australia’s first digital shipbuilding class

Australia is launching its first digital shipbuilding course to ensure the nation’s workforce is ready to tackle the $35 billion Hunter Class frigates program. The partnership between BAE Systems shipbuilding business, ASC Shipbuilding, and South Australia’s Flinders University will shore up important digital technology skills for the country’s $90 billion naval shipbuilding plan. Its first 53 recruits are finishing up jobs on the Hobart Class Air Warfare Destroyer program and the course, which began this week, will save vital experience and upskill workers for new builds in South Australia. “The face of modern shipbuilding is changing and the Diploma of Digital Technology will enable current shipbuilders to keep pace with the latest trends while ensuring they are equipped for the future,” ASC Shipbuilding managing director Craig Lockhart said. “Not only does this course equip our employees with the skills that will be in demand at our digital shipyard at Osborne, but it guarantees we retain the shipbuilding skills between the end of the current shipbuilding programs and the ramp up of the Hunter program.” The newly-created Diploma of Digital Technology based in South Australia is funded by the State and Federal governments. “Our partnership with Flinders University means we will upskill shipbuilders on the latest in Industry 4.0 technologies and techniques, benefiting not only the Hunter Class Frigate Program but the broader shipbuilding industry,” Lockhart said. “Flinders has responded very well to the COVID-19 situation and converted most of the tuition to online which is embracing the new technologies that we will require in a modern data-rich shipyard.” Training is also being supported by TAFE SA and the Naval Shipbuilding College with a focus on building the world’s most advanced digital shipyard in South Australia. “We are delighted to once again be partnering with ASC Shipbuilding to apply our research […]

New Hydraulink Portland delivers family-style focus on top quality and enduring customer relationships

The new Hydraulink Portland vehicle with directorShane Sewell, left, and technician Jake Carter, right. A family business founded on decades of quality engineering for users of diesel transport and heavy plant and machinery is expanding its services to customers by establishing a full franchise in Portland of the national Hydraulink hydraulic hose and fittings group. Hydraulink Portland – led by husband and wife team Shane and Tamara Sewell of Skiddys Diesel Services – joins more than 400 Hydraulink service outlets throughout New Zealand and Australia operating 24/7 under the market signature “Best Under Pressure”. Shane Sewell says the new business in coastal southwest Victoria extends the range of services his complementary companies can offer market sectors in which he has built up a strong following (including transport, forestry, heavy machinery, marine, fleet maintenance, oil, gas, mining, truck and trailer repairs and maintenance, construction and infrastructure). Quality engineering is key to the family based company “This is a close-knit community that values quality, safety and reliability in engineering. We would rather our staff spent extra time ensuring the job is done right, so that when it goes out into the field it offers the best and longest-lasting performance, and avoids downtime,” said Mr Sewell, whose new Hydraulink mobile service truck joins his fleet of four vehicles (including 4wd) that range across the district. “Hydraulink is a good fit for us, because we are founded on the same family and service values of their franchise network, which backs its members and staff with outstanding training and resources. These help ensure proper and uniform compliance with quality and safety standards and traceability of components vital to performance and safety,” he said. “Our whole family is committed to the success of our business. We are customer-centric, just like Hydraulink. We all work in our […]

Australian Institute of Business partners with SEN to launch grant initiative

The Australian Institute of Business has partnered with Australian sports radio station SEN to launch the SEN Small Business Grant initiative. The initiative will see grants totalling $100,000 available in lots of $5000 for small businesses to communicate and promote their messages through a SEN advertising campaign. In light of current global circumstances, the Australian small business sector is facing unprecedented hardships. Small businesses are navigating through unseen economic challenges, with many at risk of permanent closure. SEN’s Content Director Sam Thompson said brands that sustain their advertising presence during a crisis typically reap the rewards. “Now, more than ever, consumers are wanting to hear from brands with relevant, timely information so we are thrilled to help SMEs continue to promote themselves via the SEN Small Business Grants,” Thompson said. Australian Institute of Business, a leader in higher education and Australia’s largest online MBA provider is committed to aiding small businesses during this time. Recognising that the present climate has generated a global spike in media consumption, providing new opportunities for businesses to engage with their audience. With a cumulative audience of 259,000 across Australia, SEN will enable small businesses to widely promote their message to potential customers. Small businesses account for 35% of Australia’s gross domestic profit and employ 44% of Australia’s workforce. Of the 877,744 total employing businesses, 823,551 are small businesses (93.8%).[1] Australian Institute of Business CEO, Paul Wappett said, “We are proud to partner with SEN we know this a tough time for businesses, people working in businesses and for everyone in the community these grants will really help,” The SEN Small Business Grant initiative will see a minimum of 20 businesses receive a $5,000 advertising package across the SEN network. TO ENTER: Businesses can register at: sen.com.au/grants and complete the online entry form detailing why […]

Manufacturers keep boosted sanitiser supply in local hands

South Australian companies are ramping up hand sanitiser production to fill local shortages While some are traditional manufacturers increasing production, a number of distilleries are also filling the void to supply emergency services and health staff as they try to slow the spread of COVID-19. Iconic South Australian hair and beauty guru Arturo Taverna is quarantining its increased supply of hand sanitiser and hospital grade disinfectant to fill local shortages. Before demand spiked in Australia last month, the company was scrambling to fill export orders for countries reeling from the effects of COVID-19 but now director Andrew Taverna said Artav Australia was doing its best to only supply Australian clients from its Regency Park factory. “From the moment we heard there was a need here we have moved production to supply locally,” Arturo’s son Andrew Taverna said. “The problem is we are struggling to get vital ingredients, so if we can only produce small quantity at a time we are trying our best to prioritise the product between the most in need.” A second shift has been added at Taverna’s family company Artav Australia to fuel the production increase as coronavirus empties Australian warehouses and supermarket shelves. The company has also reduced production levels of some of its other hair and beauty lines so it can focus on its its Dispel sanitising products. It now employs 60 staff and Taverna said it was committed to retaining and employing more people as many businesses closed their doors with new social distancing rules around the virus. “For us the importance of doing business is two-fold, we want to get as much product as we can produce to the most important places,” Taverna said. “We’re trying to understand and to identify the key places to provide our disinfectant and hand sanitiser.” Hand sanitisers […]

3-Finger electric gripper handles cylindrical objects

OnRobot’s 3FG15 three-finger gripper with a 150mm stroke is a powerful alternative to bulkier and less-flexible three-finger grippers currently on the market – a unique solution. The new gripper excels at heavy-payload machine-tending applications that require high precision and flexible handling. The 3FG15 makes previously hard-to-automate precision handling of cylindrical parts easy to program and deploy and provides flexibility for a wide range of part sizes. It was developed as a response to existing pneumatic three-finger grippers that are bulkier and less flexible. OnRobot has long defined the market for electric parallel grippers with the RG2 and RG6 series, and this three-finger gripper allows users to deploy applications faster with highly accurate, fixed positioning. The 3FG15 gripper has a maximum stroke of 150mm that can easily handle multiple processes. The innovative three-finger design with a 15 kg (33 lb) payload provides a strong, stable grip for both form fit (internal) or friction fit (external) gripping, adding flexibility to any implementation. Ideal for CNC machine tendingThe gripper’s design, specifically developed for machine-tending tasks, automatically centres workpieces, resulting in a strong, stable grip and precise placement in machine chucks. With a gripping force from 10 N to 240 N, the 3FG15 competes with much less flexible finger grippers. The gripper is also ideal for packaging and palletising applications, and is seamlessly compatible with any major collaborative or light industrial robot arm through OnRobot’s new award-winning One System Solution, the platform that provides a unified mechanical and electrical interface between the robot arms and any OnRobot end-of-arm tooling (EoAT). 3FG15 Features: Precise stable grip with automatic centring Large 150mm stroke for parts from 20mm to 150mm Form fit (internal) and friction fit (external) gripping 15kg payload Weight 1.15kg, gripping force 10-240 N Fast, flexible deployment The EoAT market in Asia Pacific, excluding Japan, […]

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Developments