Industrial Magnetics, Inc. has acquired Walker Magnetics Group, Inc., North America’s oldest industrial magnet manufacturer. The deal brings together two longtime industry leaders, IMI now marking its 60th anniversary while Walker has been in business 125 years. Founded in […]
Adding to its line of coatings for the manufacture of electric motors and industrial products, Axalta plans to acquire Chinese producer of wire enamels Anhui Shengran Insulation Materials. The company and its product line will become part of Axalta’s […]
Six years after acquiring Magnet Quebec, fast-growing GRYB has now expanded below the US-Canadian border with its acquisition of Ohio-based Winkle Industries, absorbing an extensive line of industrial magnet products sold worldwide along with added engineering, manufacturing and […]
Variohm Holdings Group, based in Towcester, UK, has added encoder and magnetics sensor specialist Phoenix America to its group of companies which now have an expanded presence in North America. Located in Fort Wayne, Indiana, Phoenix America develops and manufactures absolute and incremental encoders, speed […]
Kasche Group, a German manufacturer of custom magnetic components and ferrite cores, has been acquired by American electronic components manufacturer Bourns, Inc., based in Riverside, California. “As one of the few companies that has the capability […]
As satellites get smaller, electromagnetic systems increasingly are taking over propulsion duties from traditional rocket fuel systems. One company whose mini-thrusters are heading into space is Enpulsion of Austria, emerging as a leading manufacturer of electric propulsion systems for nanosatellites and microsatellites. […]
With electrification rocking the automotive industry, magnets and motors are increasingly on the minds of design engineers and supply chain managers at many of the world’s top tier automotive suppliers as they transform to become providers of […]
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