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 […]
Denso, the world’s second largest mobility supplier and a major developer of advanced permanent magnet motor technology, has fully integrated its consolidated subsidiary ASMO companies in the U.S. into its North American operations. By combining ASMO’s small-motor […]
Neo Performance Materials Inc.’s Neo Magnequench facility in Tianjin, China has been named as a “Top 100” manufacturing enterprise in Tianjin by the Tianjin Enterprise Association. Tianjin is a major manufacturing and industrial hub in China, with […]
Essex Magnet Wire and Furukawa Electric Co., Ltd. have reached agreement on the framework of a joint venture that will combine nearly all their magnet wire operations into a single global powerhouse. A key motivation is to […]
Brose Group, the Germany-based global automotive supplier, has launched a new mechatronic product line for e-bikes, aiming to position itself as a new systems supplier for another segment of the e-mobility market. The new Brose […]
Automotive headwinds are buffeting magnetics technology company Kendrion (Headquarters of Kendrion Commercial Vehicles in Markdorf, Germany, which is part of its Automotive Division pictured above) which reports an 8% decline in revenues for the first half of 2019. Kendrion, […]
Brose Group, one of the world’s largest mechatronic suppliers to the automotive industry, reports a recent slowdown in business as it lays the groundwork to combat a 7% reduction in its latest half-year. In other news, the […]
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