e-Power Technology

New Magnetic Materials Developed by Proterial for Motor Cores and Shielding 

Proterial, formerly known as Hitachi Metals, has recently developed two magnetic materials that bring new capabilities to product design engineers – one is a laminated bonded amorphous alloy ribbon for motor cores in high-efficiency motors, the other a highly heat-resistant magnetic shielding sheet for electronic devices. […]

Materials/Manufacturing

Niron Magnetics Secures Funding from Samsung Ventures & Auto Heavyweights to Accelerate Production of Rare Earth-Free Magnets 

Niron Magnetics has been raking in new strategic investor funding with a $25 million round led by Samsung Ventures that included automotive top-tier suppliers Allison Transmission and Magna, and a further collaboration with General Motors. […]

Electromagnetics

TCT Magnetic Core & Component Collaborates with E-peas to Create Self-Powered Current Sensor 

Magnetic component and core specialist TCT of France has collaborated with Belgian semiconductor company e-peas to develop a self-powered AC current sensor using TCT’s magnetic core as an energy harvester based on inductance.  The innovative […]

Materials/Manufacturing

MP Materials Awarded $58.5 Million Tax Credit for Magnet Manufacturing Plant in Fort Worth 

MP Materials has received a $58.5 million federal tax credit to support the construction of its rare earth magnet manufacturing plant in Fort Worth, Texas. The Section 48C Advanced Energy Project tax credit allocation was issued by the IRS and Treasury following a competitive, oversubscribed process administered by the Department of Energy that evaluated the technical and commercial viability and environmental and community impact of approximately 250 projects. A similar award for a $111 million tax credit went to an American subsidiary of Vacuumschmelze recently for its new magnet plant in South Carolina, as reported earlier in Magnetics Magazine.  […]

Electromagnetics

Wurth Electronics Midcom Builds New Headquarters in South Dakota 

Wurth Electronics Midcom held a ground-breaking ceremony April 24 for construction of a new 70,000 sq ft headquarters facility at its site in Watertown, South Dakota. A business unit of the Wurth Elektronik group of companies based in Germany, it manufactures a broad range of electromechanical and electronic components, many of them magnetic devices. […]