In a flurry of recent deals, USA Rare Earth has completed its $100 million-plus acquisition of Less Common Metals in the UK while simultaneously leveraging the purchase through important supply transactions involving Arnold Magnetic Technologies and Permag in the […]
With an aggressive string of acquisitions and new product introductions, test systems company Microtest Group is rapidly expanding its market presence globally. The Italian company specializes in automatic test equipment for semiconductor manufacturers including for […]
Swiss magnetic measurement group Senis has split into two independent entities. One part of the former group, now known as Senis AG, has been acquired by portfolio company Nilario Group while the other new entity, […]
Leveraging its acquisition two years ago of Swiss company, maglab AG, CTS Corporation, a global developer in sensing and motion control technologies, has launched a new platform for electric motor control based on real-time, in-situ […]
Bunting Magnetics has established a new state-of-the-art manufacturing facility that expands its global production of magnetic cylinders used in aluminum beverage can printing. The facility marks a major milestone for Bunting’s growing business sector of supplying […]
Institut Dr. Foerster GmbH & Co., manufacturer of products for non-destructive material testing and magnetic field measurement, has made important expansions. It has acquired Pruftechnik NDT GmbH, based in Ismaning, formerly a company of Fluke Corporation. Pruftechnik is known for its advanced testing methods and systems for industrial quality control, some which employ sophisticated eddy current technology for alignment of bearings and rotating machinery. The move comes only a few months after Foerster established its 17th subsidiary, this one in Turkey. […]
June 18, 2025 – Today a new global powerhouse in electrical steel emerges as Nippon Steel successfully finalized its acquisition of US Steel. Both companies are significant producers of electrical steel sheets, prized for their […]
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