Latest news with #ADCO
Perth Now
5 days ago
- Business
- Perth Now
Perth stadium to get waterslide, aquatic facility
The latest overseas imports for WA cricket have been revealed. More than 450 fibreglass and steel components imported from Turkey are being put in place at the WACA Ground to form its new waterslide. The red fibreglass sections will form the shape of a cricket ball, complete with white stitching along the loop. Your local paper, whenever you want it. Each piece will be meticulously craned-in and then secured by contractor ADCO in the four-week operation, with the arch alone weighing more than 800 kilograms. The waterslide will be tested once installed and is expected to open to the public in November. It is intended to be the centrepiece of the aquatic facility being developed as part of the WACA Ground Improvement Project. Other features will include a six-lane outdoor 50m pool overlooking the pitch, an indoor learn-to-swim pool, and a family-friendly splash pad. The WACA Ground Improvement Project is jointly funded by the Federal and State governments and the City of Perth in partnership with WA Cricket and Cricket Australia as part of the $1.7 billion Perth City Deal.
Sky News AU
01-05-2025
- Business
- Sky News AU
Manufacturing company Downer Group warns staff of potential job cuts as it prepares to build trains for Brisbane Olympics
A New Zealand owned company set to build trains for the 2032 Brisbane Olympics has warned staff of possible job cuts. Downer Group is contracted to build 65 passenger trains for Queensland Rail ahead of the games. The Courier Mail, citing unnamed sources, reported Downer was seeking to cut 35 jobs from its Maryborough site by June, with another 86 set to be axed by the end of the year. However, on Thursday a spokesperson for the company maintained 'no final decision' had been reached over whether it would move to lay off staff. 'Our work on the Queensland Train Manufacturing Program is continuing as expected and we look forward to working with the Queensland government on potential future opportunities,' the spokesperson said. 'The consultation we have commenced with our workforce specifically relates to the cessation of a contract with a private freight operator. 'We want to confirm no final decision has been made and we continue to explore opportunities to fill the gap in work in order to ease any impact on our people.' Maryborough has supported train manufacturing in Queensland for a number of years, with Downer employing as many as 525 people on site in the town. The company signed a $4.6 billion deal with the former Palaszczuk Government in 2023 which aimed to support 800 jobs in manufacturing and construction. Manufacturing Minister Dale Last told Queensland parliament on Thursday he had regularly met with construction contractors within Downer and has visited the Maryborough site. 'The jobs that are being created at the new train manufacturing facility at Torbanlea are secure,' he said. 'They will be secure for the construction of those 65 trains and ongoing under this government.' Mr Last added the state government had awarded a new $120 million contract to Gold Coast company ADCO to build a new rail maintenance facility to maintain passenger trains built under the Queensland Train Manufacturing Program. 'ADCO will build a 20,000 sqm rail maintenance facility that will service and maintain the expanded fleet of 65 new six-car passenger trains being built in Maryborough to service the South-East Queensland rail network,' he said. The 20,000sqm rail maintenance building will support over 100 jobs during construction and around 140 jobs when operational. Billions of dollars are expected to be poured into the Sunshine State ahead of the Olympic Games in 2032. According to the Games Independent Infrastructure and Coordination Authority, the Crisafulli government has accepted estimates the new 63,000-seat Brisbane Victoria Park stadium will cost $3.785 billion. The federal government is also investing upwards of $3.435 billion in key venue infrastructure.
Sky News AU
01-05-2025
- Business
- Sky News AU
Downer Group warn staff about potential job cuts
A Queensland manufacturing company building trains for the Brisbane Olympics has warned staff of potential job cuts due to reduced workload. Downer Group employs more than 250 people at its Maryborough rail facility, which has operated for more than 150-years in the regional town about 3.5 hours north of Brisbane. A Downer spokesman said on Thursday said 'no final decision' had been made about the potential redundancies. 'Our work on the Queensland Train Manufacturing Program is continuing as expected and we look forward to working with the Queensland government on potential future opportunities,' a spokesman said. 'The consultation we have commenced with our workforce specifically relates to the cessation of a contract with a private freight operator. 'We want to confirm no final decision has been made and we continue to explore opportunities to fill the gap in work in order to ease any impact on our people.' The company signed a $4.6b deal with the Palaszczuk Government in 2023 to build 65 passenger trains for the South East Queensland rail network supporting 800 jobs in construction and manufacturing ahead of the 2032 Olympic Games. Former premier Annastacia Palaszczuk made a commitment to Queenslanders that rail manufacturing jobs would be returned to Maryborough when the deal was announced. Manufacturing Minister Dale Last said in parliament on Thursday he recently visited the Maryborough facility and met regularly with the construction contractor Downer. 'The jobs that are being created at the new train manufacturing facility at Torbanlea are secure,' he said. 'They will be secure for the construction of those 65 trains and ongoing under this government.' Minister Last told parliament the government had awarded a new $120m contract to Gold Coast company ADCO to build a new rail maintenance building to maintain passenger trains built under the Queensland Train Manufacturing Program. 'ADCO will build a 20,000 sqm rail maintenance facility that will service and maintain the expanded fleet of 65 new six-car passenger trains being built in Maryborough to service the South-East Queensland rail network,' he said. 'The new contract on the Gold Coast will keep the maintenance of Queensland built trains right here in Queensland, supporting more than 100 jobs during construction and, importantly, around 140 jobs once operational. 'It will play a key role in supporting the growth and maintenance of our public transport network in the lead-up to the Brisbane 2032 Olympic and Paralympic Games.' Originally published as Manufacturer Downer EDI warns staff of potential job cuts
News.com.au
01-05-2025
- Business
- News.com.au
Manufacturer Downer EDI warns staff of potential job cuts
A Queensland manufacturing company building trains for the Brisbane Olympics has warned staff of potential job cuts due to reduced workload. Downer Group employs more than 250 people at its Maryborough rail facility, which has operated for more than 150-years in the regional town about 3.5 hours north of Brisbane. A Downer spokesman said on Thursday said 'no final decision' had been made about the potential redundancies. 'Our work on the Queensland Train Manufacturing Program is continuing as expected and we look forward to working with the Queensland government on potential future opportunities,' a spokesman said. 'The consultation we have commenced with our workforce specifically relates to the cessation of a contract with a private freight operator. 'We want to confirm no final decision has been made and we continue to explore opportunities to fill the gap in work in order to ease any impact on our people.' The company signed a $4.6b deal with the Palaszczuk Government in 2023 to build 65 passenger trains for the South East Queensland rail network supporting 800 jobs in construction and manufacturing ahead of the 2032 Olympic Games. Former premier Annastacia Palaszczuk made a commitment to Queenslanders that rail manufacturing jobs would be returned to Maryborough when the deal was announced. Manufacturing Minister Dale Last said in parliament on Thursday he recently visited the Maryborough facility and met regularly with the construction contractor Downer. 'The jobs that are being created at the new train manufacturing facility at Torbanlea are secure,' he said. 'They will be secure for the construction of those 65 trains and ongoing under this government.' Minister Last told parliament the government had awarded a new $120m contract to Gold Coast company ADCO to build a new rail maintenance building to maintain passenger trains built under the Queensland Train Manufacturing Program. 'ADCO will build a 20,000 sqm rail maintenance facility that will service and maintain the expanded fleet of 65 new six-car passenger trains being built in Maryborough to service the South-East Queensland rail network,' he said. 'The new contract on the Gold Coast will keep the maintenance of Queensland built trains right here in Queensland, supporting more than 100 jobs during construction and, importantly, around 140 jobs once operational. 'It will play a key role in supporting the growth and maintenance of our public transport network in the lead-up to the Brisbane 2032 Olympic and Paralympic Games.'
Zawya
27-03-2025
- Business
- Zawya
Egypt accelerates pharmaceutical industry development in state-owned companies
Egypt - Mohamed El-Shimy, Minister of Public Enterprises, and Ali El-Ghamrawy, Chairperson of the Egyptian Drug Authority (EDA), conducted an extensive field visit to subsidiaries of the Holding Company for Pharmaceuticals, Chemicals, and Medical Supplies. The tour covered Arabian Drug Company (ADCO), Memphis Pharmaceuticals, and Nile Pharmaceuticals, focusing on recent facility upgrades aimed at enhancing production capacity, competitiveness, and compliance with Good Manufacturing Practice (GMP) standards. This initiative is part of the ministry's broader strategy to reinforce Egypt's pharmaceutical security while meeting international quality benchmarks. El-Shimy reaffirmed the ministry's commitment to modernizing state-owned pharmaceutical companies, strengthening their role in ensuring national drug security, and aligning with global industry standards. He emphasized ongoing efforts to upgrade production lines, integrate advanced technology, and optimize resources to increase efficiency and sustain local market supply. The modernization drive is a cornerstone of Egypt's industrial localization agenda, ensuring high-quality, affordable medicines remain widely available. In collaboration with the EDA, the ministry is intensifying efforts to meet GMP requirements, with El-Shimy praising the progress achieved in upgrading facilities and infrastructure. He highlighted how these advancements not only improve the competitiveness of Egyptian pharmaceutical firms but also enhance their export potential in global markets. Expanding international reach remains a key pillar of the government's strategy, with state-owned pharmaceutical companies actively increasing their presence across Africa, the Middle East, and beyond. Human capital development is also a top priority, with the ministry focusing on employee training and skills enhancement. By investing in workforce capabilities, improving motivation, and optimizing working conditions, the ministry aims to sustain long-term industry growth. El-Ghamrawy, Chairperson of the EDA, underscored the vital role of state-owned pharmaceutical factories in Egypt's healthcare system. He commended their commitment to producing high-quality, effective medicines that meet global standards, stressing that ongoing modernization efforts will further strengthen their competitive edge. He also emphasized the importance of ensuring continuous access to essential medicines, supporting Egypt's healthcare sector, and enhancing pharmaceutical exports. The EDA remains committed to fostering an investment-friendly environment for the pharmaceutical industry by supporting infrastructure development and regulatory improvements. This approach aims to expand domestic pharmaceutical production, encourage innovation, and strengthen Egypt's resilience against emerging healthcare challenges. ADCO, established in 1964, operates 13 production lines and recently underwent a major modernization initiative, with over EGP 600 million invested in facility upgrades. ADCO exports to multiple Arab and African countries, including Sudan, Iraq, Yemen, the UAE, Libya, Senegal, Nigeria, Mali, and Zimbabwe. Between July 2024 and February 2025, the company recorded EGP 777 million in sales, marking a 39% increase compared to the same period last year, while profits reached EGP 103 million. Memphis Pharmaceuticals, one of the oldest pharmaceutical firms in the Middle East, was established in 1940 and operates 15 production lines across various pharmaceutical forms. The company recently modernized key production areas to comply with GMP standards. Memphis exports to Gulf countries, Africa, and Eastern Europe, achieving a 223% surge in profits and an 83% increase in revenues during the first half of the 2024-2025 fiscal year. As Egypt continues to modernize its pharmaceutical sector, these initiatives reinforce the country's commitment to expanding production, increasing exports, and ensuring the availability of high-quality medicines at competitive prices.
