Since 2018, Vacuumschmelze GmbH & Co. (VAC) has been working with partners from industry, research institutes and universities on a project to improve the power density of electric motors for automotive and aircraft engines. Funded […]
MP Materials has begun construction of its previously announced rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas, marking a significant return of magnet manufacturing operations in North America. The facility is […]
Carpenter Technology, manufacturer of magnetic powders and other specialty alloys, is raising prices again for the third time in about 10 months. Effective March 22, base prices are going up 12-15% on new, non-contract orders […]
Niron Magnetics and CorePower Magnetics, two start-ups in the U.S. working on building electric motors and power electronics components free of rare-earth magnets, are in the path of numerous venture and technology development fundings to […]
Carpenter Technology, a manufacturer of magnetic powders and other alloys, is raising its base prices by 6-8% again, coming about six months after a similar increase made in May. The latest increase went into effect November […]
Emerging from a deep business trough during the global pandemic, magnetic alloy manufacturer Carpenter Technology is on the mend but its latest year-end report demonstrates the painful impact of the past year. Going forward, David Graf, formerly chief technology officer, has been promoted to lead its specialty alloys business segment as the company expects continued recovery in the months ahead led by its ability to serve growth trends in electrification and additive manufacturing. […]
ISE Magnetics and its affiliate company Phynicx have relocated their headquarters in The Netherlands to a new site in Goirle, located in southern Holland near Belgium and only a few kilometers south of their previous location in Tilburg. […]
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