Magnetics/Assemblies

Aumann’s Coil Winding Machinery Business Softens in 2019 after Record Growth in 2018 but E-Mobility Segment Increases

Aumann AG, the German manufacturer of coil winding machinery and automation equipment, reports that nine months into its fiscal year business has fallen about 5% compared to the same period a year ago but the order books are still growing in its e-mobility segment. This follows an […]

Materials/Manufacturing

Bunting Joins Rare Earth Magnets Recycling Task Force

The launch of the European Union (EU)-funded SUSMAGPRO project took place in Germany in June 2019.  The four-year project focuses on the sustainable recovery, re-processing, and reuse of rare-earth magnets.  With global expertise on magnets and magnetic assemblies, Bunting is […]

Magnetics/Assemblies

Continental Transforms Powertrain Division into Vitesco Technologies in Response to High-Growth Momentum to Electrification

Responding to the momentum toward electrification in transportation markets, giant automotive supplier Continental is putting a new face on its powertrain division in the name of Vitesco Technologies. It will be home to an expanded line of […]

Newsletters

eNL September 2019 2

Automotive Headwinds Buffet Magnetic Technology Company KendrionAutomotive headwinds are buffeting magnetics technology company Kendrion which reports an 8% decline in revenues for the first half of 2019. Kendrion, whose company motto is “we magnetize the world”, attributes the decline […]

Materials/Manufacturing

Miba Nears EUR 1 Billion Goal While New Soft Magnetic Powders Achieve High Power Density in Prototype e-Mobility Vehicles

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 […]