Adding to its line of coatings for the manufacture of electric motors and industrial products, Axalta plans to acquire Chinese producer of wire enamels Anhui Shengran Insulation Materials. The company and its product line will become part of Axalta’s […]
Business looks spectacular at MP Materials, the largest rare earth materials producer in the Western Hemisphere. In its most recent quarter, revenue doubled to $42.2 million compared to the same period a year ago, while for the […]
Amidst surging commitments to electric vehicle production, the world’s leading automakers are embarked on a stunning transformation of their design and manufacturing operations. Around the globe, the trend is destined to bring tons of magnets […]
Thermo Fisher Scientific, maker of an extensive line of magnetic particles and handling systems for biotech and life science markets, has signed an agreement with JW Therapeutics, a leading cell therapy company in China, to use ThermoFisher’s Dynabeads in ramping up production […]
In the race to electrify transportation modes, developers of new motor and drive systems are keeping busy patent offices around the world. Among the leaders is Protean Electric, a UK-based developer of permanent magnet in-wheel […]
Just how hard has Covid-19 been on the magnetics industry and what lies ahead? In recent financial reporting, magnetics and electrical manufacturing industry companies have been quantifying their business declines during the pandemic and, in […]
When Europe’s new racing circuit for performance e-touring cars gets going, Shanghai-based Magelec Propulsion plans to have its advanced permanent magnet axial flux motors under the hoods. The new ETCR race tour is positioned to become an important […]
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