Noveon Magnetics, a manufacturer of sintered NdFeB rare earth, has recently secured several supply and manufacturing agreements in Asia, Europe and Australia. Beginning in November, 2025, Noveon Magnetics signed a memorandum of mnderstanding with Kangwon […]
Planning to be operational in 2027 at a 190,000-square-foot manufacturing plant now under construction in Minnesota, Niron Magnetics is striding forward on several fronts aimed at establishing commercial-level production of its rare earth-free magnets. It has plans for a second facility producing 10,000 tons annually in 2029. The company has attracted over $300 million in investments from commercial partners including Stellantis, General Motors, and Samsung. […]
Epson Atmix Corporation, a group company of Seiko Epson Corporation based in Aomori, Japan, has completed construction of a new $38 million metal recycling facility at Kita-Inter Plant No. 2. The new center will recycle used metals from the Epson Group’s operations and the local community to produce raw materials for Atmix’s metal powder products. […]
Getting ready to launch a new electrical steel manufacturing plant in France, ArcelorMittal has recently made upgrades to its electrical steel product line including higher polarization and coating features along with improved low-loss grades for e-traction. […]
Atlanta, Sept 4, 2025 — Today, Governor Brian P. Kemp announced that JS Link America Inc., a wholly owned U.S. subsidiary of South Korean firm JS Link, intends to invest about $223 million to establish […]
Bunting Magnetics has established a new state-of-the-art manufacturing facility that expands its global production of magnetic cylinders used in aluminum beverage can printing. The facility marks a major milestone for Bunting’s growing business sector of supplying […]
MagREEsource, a French manufacturer of rare earth permanent magnets made from recycled scrap magnetic material, is expanding its factory in Noyarey near Grenoble. The additional 400m² will bring the total facility size to 1,500m² to […]
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