iNRCORE, moving ahead in its corporate transformation after coming under the ownership of a venture capital company earlier this year, has acquired Bicron Electronics of Torrington, CT. Purchase price was not disclosed but, evidently, the […]
Encompassing different combinations of magnetic technology, Canadian automotive supplier Magna is building a suite of powertrains and components for electric vehicles that reflect its total systems approach to serve the evolving needs of automotive manufacturers. Shown above […]
Growing 7.9% per year, the global power transformer market is expected to surpass $50.8 billion by 2027, according to Allied Market Research. The firm’s latest report on the market, Global Power Transformer Market, Outlook & […]
Standex International has acquired custom magnetics manufacturer Renco Electronics of Rockledge, FL for $28 million, adding to the string of magnetics companies acquired by Standex in recent years. The publicly-held Standex, headquartered in Salem, NH, paid cash for the […]
Exxelia, a Paris-based manufacturer of magnetic components including transformers and inductors as well as electrical motors and electromagnets, now also has printed electronics in its expertise and a fourth manufacturing site in the USA as a […]
When Europe’s new racing circuit for performance e-touring cars gets going, Shanghai-based Magelec Propulsion plans to have its advanced permanent magnet axial flux motors under the hoods. The new ETCR race tour is positioned to become an important […]
Looking like a standard bearer for top-tier automotive suppliers, ZF is slowly recovering from a staggering drop in business due to Covid-19 while steering a path toward greater use of magnets and magnetic technology as it retools […]
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