Saietta Group, a fast-growing developer of permanent-magnet axial flux motors for e-mobility OEMS, in two big moves recently has launched Propel, a new division targeting the market for marine propulsion, and also has acquired Dutch […]
Bolstering its aerospace and defense activity, TT Electronics, a manufacturer of engineered technologies including many power magnetic components and systems, has acquired the Ferranti Power & Control business from Elbit Systems for £9 million. Ferranti […]
Calling steel “the next precious metal”, Cleveland-Cliffs, a major producer of electrical steel for motors and transformers, has acquired Ferrous Processing & Trading Company. The scrap steel recycler adds a new dimension to the relentless […]
Having finalized its purchase of Chilisin at the start of the year, Taiwan-based Yageo is now grouping all its magnetic component subsidiaries into Pulse Electronics, creating a powerful new unified global brand from its recent […]
The Carlyle Johnson Machine Co., a manufacturer of electromagnetic brakes and clutches, has been acquired for $16.5 million by Swedish industrial conglomerate VGB Group through its subsidiary Ringfeder Power Transmission US. A designer and manufacturer […]
Magnetostrictive sensing specialist Temposonics, formerly MTS Sensors, has developed a new series of linear position sensors for use in areas exposed to flames or corrosive substances, meeting a growing demand for explosion protection solutions in […]
Saietta Group, specialists in high-tech advanced e-mobility propulsion, recently announced the 100% acquisition of e-Traction Europe B.V. (e-Traction) from Evergrande New Energy Vehicle Group. The move accelerates Saietta’s growth strategy by adding new commercial and […]
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