Brisbane engineering services company Ausenco Limited continues to net contacts in South America, recently announcing an $8 million construction management deal with Minera Esperanza in Chile.
Ausenco CEO Zimi Meka, says the contract follows previous work on the US $1.9 billion Esperanza copper project in the region of Antofagasta. Other contracts are expected in the coming months.
"They are repeat clients we've been working with in excess of five years and on this particular project we've worked on the feasibility project through to engineering services and now construction management, " says Meka.
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Leading Brisbane investment and development company Graystone has confirmed its purchase of three development sites at Brisbane Technology Park in Eight Mile Plains in partnership with a group of private investors and owner/occupiers including Multitrode.
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As an investor, owner and manager at Brisbane Technology Park, Zernike Australia has made another significant commitment by signing up as the first tenant of the precinct’s planned $14 million new office complex The Dutch company, which manages science and technology parks around the world, plans to use the space to nurture innovative small to medium enterprises (SMEs) and expand its own operations.
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COOK Medical, the largest private medical device company in the world, recently opened a new $21 million headquarters in Brisbane, creating new jobs locally and expanding its ability to deliver innovative minimally invasive medical procedure technology to the global market.
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Celebrating its fourth successful year as Brisbane’s most prestigious awards program, the Lord Mayor’s Business Awards recognizes excellence and rewards exceptional contributions to the growth of our economy.
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Small Business and General Business Tax Break
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Tuesday's Federal Budget contained the announcement of a historic 25% increase in Australian government spending on innovation and science to $8.6 billion. Within that, $196.1 million has been earmarked over the next four years to establish the new Commonwealth Commercialisation Institute, with ongoing funding of $82 million per year after that.
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The Australian Institute for Commercialisation (AIC)and Zernike Australia are excited to be key participants in the centre, together with Newcastle Innovation and the Western Australian Sustainable Energy Association.
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Since the mid 1990’s, MPS has been one of the largest suppliers to Residential Aged Care Facilities in Queensland.
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Westinghouse Rail Systems Australia, part of the worldwide Invensys Rail Systems organisation is committed to delivering successful solutions; on time, every time. The organisation brings new ideas and new technology to Australia and South East Asia with the region’s largest rail R&D and manufacturing facilities.
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CBio Limited, an Australian-based drug development company, today announced the successful completion of a A$10 million capital raising ahead of a planned share market listing later in 2009. The capital raising was underwritten to A$6 million by financial services house Novus Capital Limited which acted as Financial Advisor and Underwriter and will be advising CBio in the IPO process.
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After several years of uncertainty surrounding the outlook for commercialisation of new ideas and research in Australia, the future of commercialisation has recovered strongly and is again showing its potential to play a valuable role in national economic development. In the past year, both the University of Queensland and CSIRO have each recognised incoming royalty payments exceeding $100M, for their successful licensing of the cervical cancer vaccine Gardasil and IEEE 802.11 wireless networking technologies respectively. Both revenue streams are “home runs” for the institutions, and will be used to help fund new research and development that will further strengthen the national interest and support the development of Australia’s
scientific endeavours.
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