Syntron Material Handling Group, a manufacturer of electromagnetic vibrators and feeders for process industries, is now part of much larger Kadant Inc which acquired Syntron for $179 million. Syntron provides material handling equipment and systems to companies in mining, aggregates, food processing, packaging, and […]
Essex Magnet Wire and Furukawa Electric Co., Ltd. have reached agreement on the framework of a joint venture that will combine nearly all their magnet wire operations into a single global powerhouse. A key motivation is to […]
Neo Performance Materials Inc. has acquired a magnet manufacturing plant near Shanghai for $9.7 million where it will produce compression molded magnets using its Magnequench Neodymium-Iron-Boron (NdFeB) powders. Separately, the company reports that it experienced an […]
Bosch is taking full control of electric motor manufacturer EM-Motive and is operating the former joint-venture’s two plants in Germany. The change began in January when Bosch moved to acquire the shares in the company held by its 50% partner, Daimler. […]
Coming off a robust growth year in 2018, TT Electronics, a global provider of magnetic components and engineered electronics has acquired Power Partners, a provider of medical and industrial specialist power products for the North […]
Luxfer Holdings PLC, and Neo Performance Materials Inc have announced that their agreement under which Luxfer would have acquired the Canadian rare-earth and rare-metals leader for $612 million has been called off. No reason was […]
Union Partners, a Chicago based holding company with a growing portfolio of electrical steel manufacturers and steel service-supply centers across North America, is continuing its acquisitive path with another transaction in March and word of an additional expansion in the works. […]
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