Bunting recently announced the hire of Robert Clausing as the company’s new lean manufacturing coordinator. Clausing will be responsible for focusing on utilizing a lean manufacturing mindset in order to reduce and eliminate waste. “Waste […]
Essex Magnet Wire and Furukawa Electric Co., Ltd. have reached agreement on the framework of a joint venture that will combine nearly all their magnet wire operations into a single global powerhouse. A key motivation is to […]
Automotive headwinds are buffeting magnetics technology company Kendrion (Headquarters of Kendrion Commercial Vehicles in Markdorf, Germany, which is part of its Automotive Division pictured above) which reports an 8% decline in revenues for the first half of 2019. Kendrion, […]
Miba AG, the Austrian-based manufacturer of sintered metal parts and a leading developer of soft-magnetic powder pressed parts for electrical drive systems and traction engines, showed strong financial results again in fiscal year 2018–2019, moving closer to its goal of […]
Neo Performance Materials Inc. has acquired a magnet manufacturing plant near Shanghai for $9.7 million where it will produce compression molded magnets using its Magnequench Neodymium-Iron-Boron (NdFeB) powders. Separately, the company reports that it experienced an […]
Hoganas, a producer of iron and metal powders including soft magnetic alloys, reports that its innovative sustainability efforts are achieving 83% use of side stream materials at its facilities worldwide, also that it is adding new […]
Bosch is taking full control of electric motor manufacturer EM-Motive and is operating the former joint-venture’s two plants in Germany. The change began in January when Bosch moved to acquire the shares in the company held by its 50% partner, Daimler. […]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes