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 […]
Marelli, a global automotive supplier, has recently received the NRW Global Business Award 2021 for the investment in its recently established production facility for electric vehicle motors in Cologne, Germany. With this award, the Federal […]
Eighteen months into existence, ArcelorMittal Nippon Steel India (AM/NS India) reports a strong resurgence in its fortunes, booking more than $1 billion in profits amidst rising demand in the first six months of 2021. Backed by the deep pockets and persistence of ArcelorMittal […]
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