News

Acquisitions Grow Portfolio of Magnetic Instrumentation at Spectris 

The Spectris portfolio of analytical instrumentation for evaluating magnetic materials is growing dramatically by acquisition as several recent deals involving Micromeritics, SciAps and Malvern Panalytical come together. The combined companies in the Spectris Group, which also include HBK, Particle Measuring Systems and Servomex, now cover a greater range of capabilities in particle characterization, materials analysis and testing involving magnetic materials and effects. Additionally, some of its products employ permanent magnets and electromagnetic functionality, adding to its knowledgebase. There are now five companies and 7,600 employees in the group which, overall, serves many markets for precision measurement. […]

Materials/Manufacturing

Energy Fuels Roars Ahead in Rare Earths Production from Uranium Ore 

Uranium mining company Energy Fuels, riding a wave of high prices for its radioactive ore, has commissioned its mill in White Pass, Utah to add commercial production of neodymium praseodymium as a secondary product. With two new deals tapping properties in Australia and Madagascar, and a key executive appointment, the company is advancing further toward becoming a significant supplier of processed magnetic rare earths in North America. […]

e-Power Technology

KAMIC Group in Sweden Emerges As Global Force in Magnetic Engineering 

Making multiple acquisitions at a fast pace, Swedish-based KAMIC Magnetics Group is emerging as a growing force in magnetic engineering globally, at latest count representing an enterprise of eight specialist magnetics components businesses. Five of them came together in one stand for the first time at the Engineering Design Show in the UK last fall and, for the first time in North America, at APEC 2024 (Applied Power Electronics Conference) in February, to demonstrate their combined portfolio. […]

Electromagnetics

iNRCORE Expands Transformer Line; Major Investment Company Steps Into Ownership Position — Signaling More Acquisitions? 

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 […]