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@AuManufacturing Conversations
@AuManufacturing Conversations is a regular interview program hosted by Brent Balinski (with other hosts occasionally) bringing you discussions with the folks who are contributing to a critical part of Australia's economy.
We hope to capture something of the variety of manufacturing, its place in the nation, its changing nature, and some of the personalities within it.
From the boutique to the billion dollar, if it's manufacturing and it's Australian, then it likely matters to us. This podcast is an extension of the @AuManufacturing news and analysis website and the community around it, and complements what's written online at www.aumanufacturing.com.au.
Interested in advertising? Get in touch via editor@aumanufacturing.com.au
@AuManufacturing Conversations
Episode 128 -- Jeff Lang from Vortair
In this episode of @AuManufacturing Conversations, we hear from Jeff Lang, a serial entrepreneur who is currently CEO and Executive Director of Vortair.
Lang shares plenty of detail about the highs and lows of founding and growing high-tech manufacturing businesses, why the industry needs better leaders and to stop blaming others for its difficulties, and more.
Episode guide
0:33 – Athletics aspirations and abandoning them to do a trade in signwriting.
1:32 – The early days of automation and digitisation. “I’ve been lucky and in the right place at the right time with my age.”
3:05 – The emergence of snowboarding in Australia and making boards in the mid-1980s.
3:52 – Founding Force Industries and making skis, snowboards and kite boards.
4:32 – Reluctantly offshoring to China in 2004.
6:05 – Being approached by the CSIRO in 2007 to work on cold spray additive manufacturing for sports products, then realising the market potential was in other industries.
8:15 – Partnering with Professor Richard Fox, an oncologist, at Force Industries and then at what would become Titomic.
9:40 – IP, CSIRO, wifi and parking a patent with them.
11:05 – An unusual offer from the UK to buy their patent.
13:15 – Raising capital, deciding on a direction for the company, and being approached by Innovyz.
14:30 – Reasons why Titomic listed publicly. “We went to market with nothing more than a patent.”
16:38 – The disconnect between the big investors and most manufacturing in Australia.
17:33 – The national weakness around value-adding and two theories on why it exists.
20:20 – The stepping aside to become CTO to progress the manufacturing readiness of cold spray.
21:20 – The gap between a founder’s passion and the board’s expectations.
22:10 – Printing a tank and other projects resulting from discussions with prime defence contractors.
23:30 – A change of board and direction following the 2020 capital raise. “We did over-corporatise too quickly.”
24:40 – The bulk of the market was in the US and Europe, so it’s necessary to set up there.
25:58 – Leaving in 2022.
26:30 – “What upset me the most…”
28:40 – People want to point fingers and apportion blame.
29:30 – It’s unfortunate the mining sector has lost interest in value-adding.
30:25 – What’s lacking in Australia is fortitude and leadership from the manufacturing industry.
31:50 – “We should have the cheapest energy in the world.”
33:37 – Vortair Technologies and becoming aware of its founder’s work via CSIRO’s interest in metal swarf milling.
35:02 – Making an offer to buy the patent earlier and the deal collapsing.
35:42 – The inventor, Axel Andre.
36:30 – Building a powdering system for an unnamed tomato processor in New Zealand.
38:06 – Waste to value in tomato processing and elsewhere.
39:25 – Grinding kerbside glass.
40:55 – Why being able to mill various substances into tiny particles is useful.
42:30 – Milling insect larvae. Making carbon black from pyrolised car tyres.
43:40 – “Resource carbon black” from municipal waste rather than petrochemicals.
45:10 – Financing the company privately. Plans to create different divisions within Vortair for different industry problems. Potential joint ventures.
47:20 – Considerations around manufacturability, robustness, food safety, supply chain and other requirements.
48:45 – Praise for SEW Eurodrive as a supplier. (Full disclosure: SEW is an advertiser with this title.)
51:10 – A pet issue: a lack of commercial thinking among startups.