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 […]
Building its portfolio for swooping on big opportunity in quantum computing, German test and measurement company Rohde & Schwarz has acquired Zurich Instruments, a developer of magnetic resonance force microscopy systems. Zurich’s magnetic force lock-in […]
Novanta, a manufacturer of motion control and robotic components, has acquired Schneider Motion Control USA for $115 million and ATI Industrial Automation for about $172 million. Now, through its growing lineup of products including many […]
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