Emphasizing a dedication to in-house development and manufacturing of e-drive systems and axial-flux permanent-magnet motors, Mercedes-Benz is preparing its car production network for its new electric portfolio. Expansions in battery production and supply are also […]
Sensata Technologies, a manufacturer of sensor and motor products many with magnetic-rich designs, has acquired fast-growing Dynapower Company for $580 million in cash in a move that Sensata emphasizes will advance its efforts to serve expanding electrification markets. No stranger to magnetic technologies itself, Dynapower develops energy storage and conversion products including several types of power transformers. […]
“The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications,” said Tom Linebarger, Chairman and CEO, Cummins. “Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions. […]
e-Power Technology is a new media brand announced by Webcom Communications Corp., the publisher of Magnetics Magazine. A free monthly e-newsletter will debut in July with full website portal and a print & digital magazine-style […]
ZF presented its comprehensive portfolio of modular electrification solutions at the IAA 2021. A current volume order for the Group covers both low-emission, partially electrified and purely electric driveline technology. The world innovation “Modular eDrive […]
Targeting the growing electric vehicle market and electrification market trends, Worthington Industries has bolstered its steel processing business with the acquisition of global lamination manufacturer Tempel Steel for $255 million. Tempel makes motor and transformer […]
Global trends in increased electrification are creating new challenges and opportunities for companies involved in magnetics. In our ongoing reporting of how they are adapting, REO AG stands out for thoughtfully addressing the evolution, especially […]
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