Canadian dairy company Saputo has won the bidding war for Warrnambool Butter and Cheese (WCB), announcing that it has acquired 52.7% of the company's shares. [ + ]

Philippe Rambach has been announced as Schneider Electric's new vice-president of industry business. With more than 15 years' experience in senior management positions, Rambach has worked across a range of industries. [ + ]

CAPS Australia has signed an exclusive Australian distributorship for Pedro Gil positive displacement blowers. [ + ]

The Australian Industry Group (Ai Group) has released a comment on the South Australian Government's response to the Holden closure. [ + ]

Schneider Electric has completed its acquisition of Invensys PLC. The acquisition is reported to be worth US$5 billion. According to the company, the resulting combined entity will “have a unique position in industrial and infrastructure end-markets”. [ + ]

The Cooper Basin is expected to boom in 2014, with some of the biggest names in oil and gas developing exploration programs in the region. According to Magnum Hunter Resources, the area will be snapped up within the next 12 months. [ + ]

Holden production is likely to be shifted to South Korea once General Motors ceases manufacturing in Australia, ABC News has reported. [ + ]

The collapse of Australia's auto manufacturing sector will cause the economy to suffer in the long term, Ford CEO Alan Mulally said at the Detroit motor show. [ + ]

Rockwell Automation on the Move is returning to Melbourne in 2014. To be held at Melbourne Park Function Centre on 25 and 26 March 2014, the event will demonstrate how the latest industry practices are turning marketplace challenges into advantages. [ + ]

The Baxter Research Robot is now available to academic and corporate researchers in Australia and New Zealand. Rethink Robotics has entered into an exclusive partnership with Training Systems Australia to distribute the robot. [ + ]

As they expand internationally, Chinese companies are looking to increase production efficiency in environmentally friendly ways while ensuring long-term profitability, China News has reported. [ + ]

Manufacturing Australia's Ben Eade says that rising LNG prices could wipe $13 billion a year off Australia's GDP. The manufacturing industry is calling for the government to cap gas prices to aid a manufacturing resurgence. [ + ]

Permasense has announced it will exhibit and present at AOG 2014, the Australasian Oil and Gas Exhibition and Conference, to be held in Perth from 19 to 21 February. [ + ]

The 2014 Australasian Oil and Gas Exhibition and Conference (AOG) will feature a new zone: the Non-destructive Testing and Condition Monitoring Zone, which is sponsored by the Australian Institute of Non-destructive Testing (AINDT). [ + ]

The critical shortage of skills in the oil and gas industry will need to be filled by foreign workers unless the government and education providers develop a national strategy to deal with the shortage, the AWPA has claimed. [ + ]