e-Power Technology

Diesel Icon Volvo Penta Moves Aggressively into E-Propulsion

From powering firetrucks to ferryboats, Volvo Penta is aggressively building its prowess in the design and production of electric drivelines and e-propulsion systems. Long known as a supplier of diesel power systems for industrial and marine markets, the Swedish sibling of Volvo automobile and truck brands is making bold steps toward electrification as the markets that it serves increasingly electrify their transportation platforms. […]

News

Elbit Acquires Sparton, Supplier of Maritime Electronics for Defense Industry

Elbit Systems, the Israel-based defense supplier, has acquired marine electronics company Sparton Corporation for $380 million. The move brings into the Elbit portfolio Sparton’s inertial sensing technology known for its magnetic precision in navigation and positioning applications for military […]

Electromagnetics

Kendrion Integrates INTORQ Merger into Industrial Brake Unit

Kendrion Group of The Netherlands reports that its integration of INTORQ GmbH has gone very well despite restrictions imposed by the Corona pandemic. Known widely for its permanent magnet brakes and holding magnets, Kendrion now produces a full line of electromagnetic brakes, spring-applied brakes […]

Magnetics/Assemblies

Industrial Magnetics Acquires Walker Magnetics Group

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 […]