automotive

Magnetics/Assemblies

New Leadership at Arnold Magnetics  

September 24, 2025 Editorial Staff Comments Off on New Leadership at Arnold Magnetics  

Two top leadership changes are in place at Arnold Magnetic Technologies Corporation, a leading global manufacturer of high-performance electric motors, magnets and thin metals. Matthew Blake has been named Chief Executive Officer and a member of the board of directors, and Brian Prodin has become Chief Operating Officer. Blake’s appointment was announced by Compass Diversified Holdings, the owner of Arnold Magnetics which is among its portfolio of middle market branded consumer and industrial businesses.  […]

Magnetics/Assemblies

Multi-Alloy Magnet from LG Innotek Rivals HRE Magnets, Next Step Seeks to Eliminate Even Light Rare Earths   

May 1, 2025 Editorial Staff Comments Off on Multi-Alloy Magnet from LG Innotek Rivals HRE Magnets, Next Step Seeks to Eliminate Even Light Rare Earths   

Bolstered by its development of a high-performance magnet without any heavy rare earth (HRE) metals,

LG Innotek is zeroing in its R&D sights on what it sees as the next step in the advancement of eco-friendly magnets – development of a commercially viable magnet devoid of any rare earths that is comparable in performance to those based on rare earth elements. It’s a technology development path which the company has been pursuing relentlessly and has generated a string of progressive breakthroughs in recent years. […]

Materials/Manufacturing

Cyclic Materials to Invest Over $20M in its First Magnet Recycling Plant in U.S. 

April 23, 2025 Editorial Staff Comments Off on Cyclic Materials to Invest Over $20M in its First Magnet Recycling Plant in U.S. 

April 23, 205 – Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global rare earth element recycling operation focused on the separation of permanent magnets from end-of-life products previously not recovered, using its proprietary MagCycle process. […]