ArcelorMittal Calvert, wholly owned by ArcelorMittal, is planning for an advanced manufacturing facility in Calvert, Alabama that could deliver 150,000 metric tons of domestic production capacity of non-grain-oriented electrical steel (NOES) annually, Because of its […]
e-VAC Magnetics, part of Vacuumschmelze, has been awarded a $111.9 million Qualifying Advanced Energy Project Tax Credit to advance the construction of its first USA magnet manufacturing facility in Sumter, South Carolina. The facility was […]
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 […]
Aiming to become a vertically integrated mine-to-magnet producer, Australian Strategic Materials reports that it is now steadily manufacturing neodymium metal and alloy at its new Korea Metals Plant, while making progress in the development of its rare earths mine site in Australia. […]
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 […]
Stellantis NV has announced it intends to increase production capacity of electric drive modules (EDMs) by adding production in Szentgotthard, Hungary, targeted to begin in late 2026. The €103 million investment in Szentgotthard, including grants and contributions from the Hungarian government, is the latest example of Stellantis’ commitment to transforming existing facilities for its electrified future. […]
Magnetic Shield, a manufacturer of magnetic shielding materials and products, has expanded the building at its headquarters in Bensenville, Illinois northwest of Chicago to accommodate greater inventory and increased capabilities. The new 7,000 sq ft […]
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