Materials/Manufacturing

Neo Performance Materials Advances to Commercial Production at its European Magnet Facility

Neo Performance Materials Inc. has announced that its European permanent magnet manufacturing facility is in commercial production and shipping volumes of rare earth sintered magnets to a Tier 1 electric vehicle traction motor customer.  This milestone marks Neo’s transition from development and sampling, through full automotive qualification and into commercial production for its initial magnet programs. […]

News

Magnetics, Inc. Acquires Magnetic Metals

Magnetics, Inc., a division of Spang & Company, has announced the acquisition of substantially all of the business assets of Magnetic
Metals Corporation’s Western Division located in Anaheim, California. The acquisition expands Magnetics’ U.S. manufacturing capabilities and enhances its portfolio of high permeability magnetic components, powder cores, ferrite cores, and strip wound cores. […]