Vacuumschmelze, one of the world’s leading producers of magnetic materials and products has announced it will build a major new magnet factory in South Carolina that will supply domestically produced magnets in the USA. The move comes shortly after the company, based in Hanau, Germany, was acquired by investment group Ara Partners in October. […]
Hyundai and Kia, both brands of Hyundai Motor Group, unveiled their new universal wheel drive system for electric vehicles in Korea in November amidst the group’s dramatic surge in expansion of EV manufacturing capability. Uni […]
Sinomag Technology, one of China’s largest producers of permanent magnet ferrite and soft magnetic products, has begun a new expansion to its sprawling production base and, also, recently received a key supplier award from Bosch. […]
Targeting to boost its production capacity of sintered neodymium magnets to 8,000 tons per year, Zhaobao Magnet of Ningbo, China is building a large new factory with plans to go onstream next year. Formally known as Ningbo Zhaobao Magnet Co., Ltd., the company is one of China’s highest-volume magnet manufacturers. […]
Bilfinger Noell will supply customized superconducting wigglers to two leading synchroton facilities, Diamond Light Source in the UK and the Australian Synchrotron, strengthening its position as a major supplier of superconducting insertion devices such as superconductor undulators and superconductor wigglers with its unique and patented design. The insertion devices are the result of a collaboration with Karlsruhe Institute of Technology (KIT) which will also carry out the cold test of the units. […]
Ferrotec, a Tokyo-based manufacturer of ferrofluids and related equipment for semiconductor production, has combined a modernized manufacturing hub with its North American headquarters in California and is establishing a large new manufacturing site in Malaysia. […]
Beckman Life Sciences, a leader in magnetic separations technology for laboratories, has completed the first phase of its new research and development hub in Colorado with the opening of a $10 million facility in Loveland and now is working on a second phase set for opening next year. The first complex, opened in January, is 56,000 sq ft for office, technology development and customer engagement centers. The second phase will add 37,000 sq ft of manufacturing operation attached to the office site. […]
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