Kendrion has opened a new factory in Suzhou that becomes its largest production site worldwide as the company aims to boost its revenue from China to €100 million by 2025. The plant will produce the […]
Kendrion Group of The Netherlands reports that its integration of INTORQ GmbH has gone very well despite restrictions imposed by the Corona pandemic. Known widely for its permanent magnet brakes and holding magnets, Kendrion now produces a full line of electromagnetic brakes, spring-applied brakes […]
Kendrion recently announced that it has completed the acquisition of Intorq, the manufacturer of spring-applied brakes and electromagnetic brakes and clutches for electrical drive technologies with production sites in Aerzen, Germany, Shanghai, Atlanta and Pune, […]
Automotive headwinds are buffeting magnetics technology company Kendrion (Headquarters of Kendrion Commercial Vehicles in Markdorf, Germany, which is part of its Automotive Division pictured above) which reports an 8% decline in revenues for the first half of 2019. Kendrion, […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes