News

Electromagnetics

Standex Makes Its Biggest Deal Ever, Acquires Amran/Narayan in USA & India for $462M

November 25, 2024 Editorial Staff 0

Standex International has acquired, in separate transactions, privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd. for a combined price of about $462 million.At locations in the United States and India, the Amran/Narayan Group manufactures low voltage and medium voltage instrument transformers. Its custom product portfolio is specifically designed and developed in partnership with OEMs for their electrical grid equipment. […]

Materials/Manufacturing

UK Funds Recycling Projects with Ionic Technologies & Partners 

November 20, 2024 Editorial Staff 0

Ionic Technologies, a Northern Ireland-based subsidiary of Australian minerals company Ionic Rare Earths, has secured significant new grant funding from the British government that support developing collaborative rare earth element supply chains within the UK. Two grants have been awarded under Innovate UK’s Climates program involving Ionic and several program partners — Vacuumschmelze, Less Common Metals, the Materials Processing Institute and Swansea University.

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Electromagnetics

Precision Audio Specialist Knowles Focuses on Medical & Industrial Applications to Ignite Growth 

November 20, 2024 Editorial Staff 0

Intent on growing its business in custom manufacturing for medical devices and industrial applications, precision audio specialist Knowles Corporation is repositioning through two key corporate deals — divestiture of its consumer MEMS (micro-electromechanical systems) microphone business and the acquisition of Cornell Dubilier, while focusing on targeted growth markets for its core capabilities in precision miniaturization. Among the company’s magnetic technologies are miniature windings and balanced armature speakers and drivers.  […]

e-Power Technology

eVTOL from Joby Aviation Flies Toward Air Taxi Service & Mass Production Backed by Toyota 

November 14, 2024 Editorial Staff 0

Powered by six permanent-magnet motors and fueled by either battery power or hydrogen, electric vertical take-off and landing aircraft by Joby Aviation are taking to the skies in strategic test flights. In Japan, Toyota has stepped up its collaboration with the company in the form of a fresh $500 million investment while in Dubai a new air taxi terminal is taking shape.  […]