On the product side, iNRCORE has expanded its line of battery management system transformers targeting the EV market while, on the corporate side, major investment firm Warburg Pincus has taken an ownership position in the […]
In a strategic move to redefine their presence in the United States, Magswitch Technology Inc. and Magswitch Automation Company have amalgamated their operations and are now doing business as Magswitch Technologies. The merger streamlines operations […]
Weak prices for rare earths have hit American producer MP Materials recently, reporting in its latest financials a 51% drop in prices for the rare earth oxides (REO) that it mines near Las Vegas, Nevada. […]
Nanotec, a developer of motors, controllers and precision drive solutions based in Germany, has added a new compact magnetic encoder to its product range. Even in harsh environmental conditions, it provides reliable readings because the […]
Already a force in filling the fast-growing demand for tunnel magnetoresistance sensing, Allegro Microsystems is paying up to command more of the market by purchasing Crocus Technology, a pioneering specialist in TMR sensors. Allegro is […]
Two bastions of magnetic engineering expertise have come under one roof as fast-growing Regal Rexnord has consummated its nearly $5 billion acquisition of Altra Industrial Motion. Now, in one of its first product launches since […]
Beckman Life Sciences, a leader in magnetic separations technology for laboratories, has completed the first phase of its new research and development hub in Colorado with the opening of a $10 million facility in Loveland and now is working on a second phase set for opening next year. The first complex, opened in January, is 56,000 sq ft for office, technology development and customer engagement centers. The second phase will add 37,000 sq ft of manufacturing operation attached to the office site. […]
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