Materials/Manufacturing

Neo Extends Strategic Partnership for High-Performance Magnets with Bosch

Neo Performance Materials Inc. recently announced the signing of a multi-year Memorandum of Understanding with Robert Bosch GmbH, a leading global supplier of technology and services. Given this extended supplier partnership and in conjunction with Neo’s new capacity launch planning, Neo will reserve significant annual magnet production capacity for its customer Bosch, with a clear mutual target for both partners to transition the capacity reserve into definitive projects. […]

e-Power Technology

Bosch Ramps Up Electric Motor Production in Charleston with More Than $260 Million in New Investment, Replacing Diesel Products 

Bosch workers in Charleston, South Carolina at the company’s largest production facility in the USA are learning the intricacies of magnets and hairpin windings as it transitions from a diesel power manufacturing site to electric motor production to meet the new demands of electrification and e-mobility. Production of electric motors began there in October and additional capacity being added is expected to be operational by the end of this year as Bosch expands its long history of mobility-related manufacturing with new electrification products. […]