SKF and Wolong Electric Group are expanding their lines of business in the growing market for magnetic bearings and high-speed levitation motors. SKF is opening a new plant in Morocco to ramp up production of its magnetic bearings and, jointly, the two companies are cooperating to apply the bearings to more high-speed motor and drive products. […]
Global chemicals giant Solvay has joined the Rare Earth Industry Association in its latest move to dramatically build its magnetics business. Planning to develop a major hub for rare earth magnets in Europe, the Belgian-based company has been beefing up its supply chain in addition to the latest step toward building its network of industry partners and potential customers. […]
Stellantis announced today from its headquarters in Amsterdam that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules that will help power future electric vehicles assembled in North America and support the goal of 50% battery electric sales in the U.S. by 2030. […]
Signs of growth in its magnetic separations business are evident at PerkinElmer as its Chemagen unit in Germany marks 1 billion nucleic acid extractions, and the $5 billion acquisition of BioLegend in California adds to the portfolio. […]
Douglas Electrical Components, a manufacturer of custom hermetic connectivity solutions including hermetic seals for magnetic bearings, has opened a second manufacturing site in Randolph, New Jersey. The expansion is the result of the company’s continued […]
MagREEsource, a spin-off of the CNRS-Institut Néel, is organizing a Euro 5 Million fundraising that will enable it to establish a 50-ton-per year magnet recycling facility this year in Grenoble, France with aims toward 500-ton […]
Like other industrial electric motors, Adventech’s MaxEff motor features an induction motor circuit. Unlike traditional models, however, it has a built-in, all-in-one induction generator circuit that is designed to use the same magnetic field, rotor, […]
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