On the product side, iNRCORE has expanded its line of battery management system transformers targeting the EV market while, on the corporate side, major investment firm Warburg Pincus has taken an ownership position in the […]
In a strategic move to redefine their presence in the United States, Magswitch Technology Inc. and Magswitch Automation Company have amalgamated their operations and are now doing business as Magswitch Technologies. The merger streamlines operations […]
Kaman Corporation, maker of a broad range of rugged-duty, high-precision inductive, eddy current sensors, and also EMI shielding products, is taking the corporate route from a publicly held company to becoming privately held. The move began in January when Arcline Investment Management agreed to acquire Kaman for $1.8 billion, essentially buying out the shareholders. Upon completion of the transaction, expected in the first half of this year, plans are to convert the company to a privately held enterprise that will continue to be led by current management. […]
In two recent developments, power equipment manufacturer Hitachi Energy has acquired COET, an Italian specialist in high-voltage switching products, and has also extended its transient voltage protection technology into liquid-filled distribution transformers. It combats the […]
Oncore Motor Group, led by CEO Grant Bibby, has acquired long-time electric motor manufacturer Reuland Electric of City Of Industry, California only about a year after Bibby sold lamination manufacturer Orchid Monroe. Oncore indicates that […]
National Electronic Alloys, a distributor of specialty metals and alloys – including many magnetic alloys, has acquired distributor Ed Fagan Inc., building a larger enterprise and establishing a new parent company name of EFINEA in […]
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. […]
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