MELBOURNE, Australia (July 12)—A multiple-industry, business-to-business e-marketplace—corProcure—is being formed by 14 of Australia´s top companies, including Pacific Dunlop. The group also is made up of Amcor, AMP, Australia Post, ANZ, BHP, Coca-Cola, Coles Myer, Foster´s, Goodman Fielder, Orica, Qantas, Telstra and Wesfarmers. All are considered founding shareholders. Together, the firms expect to spend about $4.8 million on goods and services using corProcure in Australia over the next two years, a spokesman said. corProcure will be an independent, stand-alone, Internet-based indirect goods and services marketplace open to all existing and new suppliers, the spokesman said.
Australian firms form electronic marketplace
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