Materials/Manufacturing

GKN Powder Metallurgy Gets New CEO & Builds Its Magnet Business Signing Schaeffler as Key Customer in Automotive Electrification 

Dowlais Group Plc, the recently established parent company of GKN Powder Metallurgy, has appointed Jean-Marc Durbuis as the new chief executive officer of GKN Powder Metallurgy.  He joined the company in March from Allnex, a supplier of resins and additives to the coating and inks industry where he was executive vice president of one of its global divisions with revenues of over €1 billion. Already a leading supplier of powder metal materials and sintered metal components, GKN PM lately has been expanding aggressively into magnet manufacturing to broaden its portfolio for the electric vehicle market. […]

e-Power Technology

Candela’s e-Power Hydrofoil Shuttle Takes to the Waterways of Sweden 

Powered by two specially designed permanent-magnet motors and drive that operate underwater, a new commercial e-hydrofoil will soon be taking to the waters offshore Stockholm to ferry 30 people at a time at record-breaking speed and tranquility. A recent maiden voyage, aptly called a flight, saw the craft hitting its airborne take-off speed of 16 knots and quickly reaching its designed top speed of 30 knots within 16 seconds. […]

e-Power Technology

Korean Steelmaker POSCO Establishes ‘China Excluded’ Supply Chain for Rare Earth Magnets in Big Expansion for EV Drivetrain Components 

Holding big new orders from automakers for permanent magnets and planning to build a globally integrated enterprise for magnet and motor component manufacturing, Korean steelmaker Posco International announced on March 18 that it has successfully […]

Materials/Manufacturing

CorePower Magnetics Plans Manufacturing Plant in Pittsburgh, Receives ISO Certification 

CorePower Magnetics, building upon soft magnetics technologies invented at Carnegie Mellon University and the National Energy Technology Laboratory, is planning to establish a plant in Pittsburgh to manufacture its signature nanocrystalline magnetic cores and power […]