The global market for permanent magnets is forecast to grow at a robust clip of more than 13.2% annually over the next five years, reaching a value of $56.7 billion in 2027, according to a […]
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 […]
Quadrant Magnetics is now occupying its newly built 45,000 sq ft world headquarters facility in Louisville, KY, designed to accommodate recent growth and future expansion needs. The company relocated in February and is now fully operational at the new site, located about 12 miles from its previous […]
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