Seeking to build a domestic industrial base in the United States for producing rare earth magnets, the U.S. Department of Defense has been pouring money into a string of operations across the country. Fundings have gone recently […]
In actions to raise capacity and improve quality of its electrical steel sheets, Nippon Steel is raising its investment to nearly $1 billion at two of its plants in Japan. The moves will boost its […]
Carpenter Technology, a major manufacturer of magnetic powders and other alloys, reports that revenues sank 40% in its quarter ended September 30 yet amidst an intense period of the Covid-19 pandemic it has managed to […]
A year from when they reached agreement for a magnet wire mega-deal, Superior Essex and Furukawa Electric now are moving forward to finalize creation of their global joint venture. Originally targeted for commencement on April […]
Users of magnetic particle testing value trouble-free preparations and eco-friendly solutions these days. In response, Marktec of Japan brings to the market an array of magnetic particle fluids designed and packaged to serve a wide range of […]
Magnetic media manufacturer Maghold Llc of Rancho Cucamonga, California has relocated its headquarters and warehouse to a new, expanded site with increased inventory and distribution capabilities. The new premises include 2 large warehouse spaces to almost triple their previous location. “We have moved into […]
By Adam Thomas, Dir. NPI, Marketing & Founding Team Electrification of the automotive industry continues as automakers around the world introduce new hybrid-electric- and electric-vehicles (HEV/EV). HEV/EV battery prices, previously 6-8% of an electric vehicle’s […]
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