Electromagnetics

Merger of SEPAC and Placid Industries Joins Manufacturers of Magnetic Brakes, Clutches and Motion Control Products

SEPAC, a manufacturer of electromagnetic clutches and brakes, and Placid Industries, a manufacturer of magnetic particle brakes and clutches, hysteresis brakes and controls, have completed the integration of their businesses after a recent merger. Now the two operations are consolidated […]

Magnetics/Assemblies

Kadant Adds Electromagnetic Products to Its Line of Material Handling Equipment with Syntron Acquisition

Syntron Material Handling Group, a manufacturer of electromagnetic vibrators and feeders for process industries, is now part of much larger Kadant Inc which acquired Syntron for $179 million.  Syntron provides material handling equipment and systems to companies in mining, aggregates, food processing, packaging, and […]

Materials/Manufacturing

Neo Performance Materials Purchases Samag Magnet Manufacturing Facility near Shanghai; Reports Lower Revenues for First Half of 2019

Neo Performance Materials Inc. has acquired a magnet manufacturing plant near Shanghai for $9.7 million where it will produce compression molded magnets using its Magnequench Neodymium-Iron-Boron (NdFeB) powders. Separately, the company reports that it experienced an […]