Aumann, the German maker of coil winding equipment for manufacturing electric motors, reports a dramatic upsurge in business — helped notably by adding battery machinery to its product mix for the automotive industry. Order intake company-wide increased by […]
Prices are zooming and business is booming at MP Materials, the largest producer of rare earth materials in the western hemisphere. In November, it reported that revenues soared to $99 million in its most recent quarter, […]
Amazing Magnets is planning to relocate its business operations from Anaheim, California and building a state-of-the art global headquarters in Round Rock, Texas. The new 40,000 square-foot building will have an engineering design workspace, a […]
Permanent magnets (PM) are the heart of the drive systems used in the e-Mobility industry. The stronger the magnet is, the higher the higher the motor’s output and the smaller and lighter the motor can be built. But a powerful magnet must also be able to resist demagnetization by heat or a magnetic opposite field. The Dutch company Bakker Magnetics uses two new techniques with which permanent magnets can be produced even stronger and more robust: Grain Boundary Diffusion (GBD) and Grain Refining Technology (GRT). Major advantage: less Heavy Rare Earth Elements (HREE) are used. […]
Nippon Steel Corporation has filed lawsuits against Baoshan Iron & Steel Co., Ltd., a Chinese steelmaker, and Toyota Motor Corporation asserting the two companies have infringed upon its patent relating to non-oriented electrical steel sheets, typically used […]
NVE introduced the world’s first practical non-inductive gear-tooth sensors 25 years ago and is shaking up the market again with the world’s first tunneling magnetoresistance (TMR) gear-tooth sensors. With two channels to detect direction, the […]
Novanta, a manufacturer of motion control and robotic components, has acquired Schneider Motion Control USA for $115 million and ATI Industrial Automation for about $172 million. Now, through its growing lineup of products including many […]
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