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 […]
The value of magnetic particles for life science diagnostics is gaining recognition in biomedical testing laboratories as they race to find new techniques for rapid detection of Covid-19. One company paving the way is Applied BioCode, developer of an innovative Barcoded Magnetic Beads technology, whose SARS-CoV-2 Assay was granted emergency use authorization by the U.S. Food & Drug Administration. […]
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 […]
Acting again on its commitment to continued investment in power management devices for aerospace and defense markets, TT Electronics has reached agreement to acquire Torotel in the US for $43.4 million. The deal is expected to close […]
Just how hard has Covid-19 been on the magnetics industry and what lies ahead? In recent financial reporting, magnetics and electrical manufacturing industry companies have been quantifying their business declines during the pandemic and, in […]
Despite traumatic slowdowns and shutdowns due to the Covid-19 pandemic, the market for electrical steel is pointed upward over the long term. Recent reports by market analysts differ somewhat on their estimates of the market […]
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