Due to safety concerns and other complexities caused by the COVID-19 pandemic, the leadership teams of Essex Magnet Wire and Furukawa Electric Co. have mutually agreed to delay the commencement date of their global joint […]
Two semiconductor companies with extensive portfolios in magnetics technology are now under one roof with the acquisition of Cypress Semiconductor, based in San Jose, CA, by Infineon Technologies, headquartered in Munich. The 9 billion Euro […]
Having closed on his company’s $3 billion acquisition of AK Steel, Cleveland-Cliffs CEO Lourenco Goncalves is wasting no time seeking change to U.S. trade policies that he says unfairly hurt the steel maker’s business as a […]
French rail equipment giant Alstom, whose products and services include large permanent-magnet motors and generators for global transportation markets, is reaching out to North America to acquire the worldwide rail equipment business of Bombardier, based […]
Led by a decline in volume and revenues from its Magnequench magnetic materials segment, Neo Performance Materials saw revenues fall 10.3% in 2019, as the company reported in its year-end financials in March. Yet the company posted […]
In direct response to the Coronavirus pandemic, Industrial Magnetics, Inc. (IMI) has developed a new, hands-free door opener that allows people to open latch-less doors without using their fingers, arms, or clothing – and is dedicating profits […]
Japanese steel maker JFE Shoji, acquiring electrical steel processing company Cogent Power in eastern Canada from Tata Steel, sees the move as gaining a powerful foothold for providing transformer cores and serving the automotive industry […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes