News

Covid-19 Update: Impact on Magnetic Community Varies by Location & Type of Operation but Remarkable Resilience Is Evident

Considering its interdependent global operations, the magnetics community is showing remarkable resilience in combating the effects of Covid-19. Companies are working hard and creatively to maintain their supply chains and production capabilities, yet there is […]

Magnetics/Assemblies

Coronavirus Hits the Magnetics Community as Manufacturers Wrestle Supply Chains and Production Schedules While Trying to Protect Staffs

Inextricably linked, China and the global magnetics industry are experiencing a significant impact from the Coronavirus which broke out in Wuhan and has spread to an assortment of industry and end-user facilities and their people. […]

Magnetics/Assemblies

Applied Motion Purchases Land for New Headquarters, Marking Another Step in Global Growth of Moons’ Industries

Applied Motion Products announced recently that the company has purchased land to build new corporate headquarters in Morgan Hill, CA, located in Santa Clara County at the southern tip of Silicon Valley. A manufacturer of motors […]

Magnetics/Assemblies

Kadant Adds Electromagnetic Products to Its Line of Material Handling Equipment with Syntron Acquisition

Syntron Material Handling Group, a manufacturer of electromagnetic vibrators and feeders for process industries, is now part of much larger Kadant Inc which acquired Syntron for $179 million.  Syntron provides material handling equipment and systems to companies in mining, aggregates, food processing, packaging, and […]

Materials/Manufacturing

Neo Performance Materials Purchases Samag Magnet Manufacturing Facility near Shanghai; Reports Lower Revenues for First Half of 2019

Neo Performance Materials Inc. has acquired a magnet manufacturing plant near Shanghai for $9.7 million where it will produce compression molded magnets using its Magnequench Neodymium-Iron-Boron (NdFeB) powders. Separately, the company reports that it experienced an […]