Manufacturing

Henderson-based Austal has been awarded a $20 million contract, through a joint venture with a Chinese shipbuilding company, for the design and build of four high-speed ferries.

Western Australia’s automotive industry has finished the year down 2.5per cent in new vehicle sales relative to last year, after a drop in sales for December ended a two-month run of strong growth.

Korean car maker Kia Motors will increase its offering at DVG Automotive Group dealerships in Midland and Morley after recent showroom upgrades worth more than $1 million.

Western Australia's automotive industry has registered a second straight month of strong growth in new vehicle sales relative to 2016, with solid increases in purchases of light and heavy commercial vehicles in November.

Perth companies Austal and Civmec are looking forward to working on the construction of 10 navy vessels at Henderson but the amount and type of work they will undertake is unclear after the federal government selected Germany's Luerssen as its preferred designer and builder.

Perth-based shipbuilder Austal has denied it sent an update to shareholders signalling the potential closure of its Henderson shipyard, with chief executive David Singleton telling Business News the company was strongly positioned to remain in Western Australia.

Shares in Aurora Labs closed nearly 20 per cent higher today after the company signed a binding term sheet with WorleyParsons to use its metal 3D printing technology across a range of industries.

Burrup Fertilisers' creditors meeting tomorrow will be without its star attraction, after Pankaj and Radhika Oswal said they would not return, and added that Perth may not be part of their future plans.