It’s too early to tell what the economic fallout will be from the Covid-19 pandemic but it is clear that the magnetics industry has pulled out all the stops in efforts to stay operating safely […]
The global permanent magnets market size is projected to grow about 7.5% annually, rising to $36.9 billion in 2027 from its level of $20.7 billion in 2019, according to a market report by Grand View Research. […]
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 […]
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. […]
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 […]
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 […]
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 […]
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