Materials/Manufacturing

Backed by ArcelorMittal and Nippon Steel, AM/NS Is New Face for Electrical Steel Production in India

Backed by the deep pockets and persistence of ArcelorMittal and Nippon Steel, AM/NS is emerging as the new face of Essar Steel in India, a large but insolvent manufacturer of electrical and other steel products that the two partners […]

News

Two Big Magnetic IC Portfolios Come Under One Roof as Infineon Technologies Acquires Cypress Semiconductor

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 […]

Materials/Manufacturing

Cleveland-Cliffs Acquires AK Steel and Pursues Change to U.S. Trade Policies on Laminations, Transformer Cores & Electrical Steel

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 […]

Magnetics/Assemblies

Alstom to Acquire Bombardier Rail Business in Global Expansion in Transportation Markets

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 […]