Victimized by the global pandemic, business dropped 23% in the first six months of this year for the Neo Magnequench business unit of Neo Performance Materials, widely considered a bellwether of the magnetic materials industry. Revenues for Magnequench dropped to $68.8 million from $89 […]
Lake Shore Cryotronics, a leading innovator in solutions for precise, highly accurate measurement under variable temperature and magnetic field conditions, today announced the acquisition of Janis Research’s Laboratory Cryogenics business — a move that unites […]
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 […]
Gabriel Performance Products, a specialty chemicals company that makes coatings and adhesives for the manufacture of electrical motors and transformers, continues its growth path of acquisitions that now add up to its sixth in as many years. […]
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 […]
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