Electromagnetics

iNRCORE Expands Transformer Line; Major Investment Company Steps Into Ownership Position — Signaling More Acquisitions? 

On the product side, iNRCORE has expanded its line of battery management system transformers targeting the EV market while, on the corporate side, major investment firm Warburg Pincus has taken an ownership position in the […]

Magnetics/Assemblies

Magswitch Unifies Its Companies in U.S. 

In a strategic move to redefine their presence in the United States, Magswitch Technology Inc. and Magswitch Automation Company have amalgamated their operations and are now doing business as Magswitch Technologies. The merger streamlines operations […]

Electromagnetics

Eddy-Current Sensor Maker Kaman Corporation Going Private 

Kaman Corporation, maker of a broad range of rugged-duty, high-precision inductive, eddy current sensors, and also EMI shielding products, is taking the corporate route from a publicly held company to becoming privately held. The move began in January when Arcline Investment Management agreed to acquire Kaman for $1.8 billion, essentially buying out the shareholders. Upon completion of the transaction, expected in the first half of this year, plans are to convert the company to a privately held enterprise that will continue to be led by current management. […]

Electromagnetics

Hitachi Energy Acquires COET; Extends Transient Voltage Protection to Liquid Transformers 

In two recent developments, power equipment manufacturer Hitachi Energy has acquired COET, an Italian specialist in high-voltage switching products, and has also extended its transient voltage protection technology into liquid-filled distribution transformers. It combats the […]

Materials/Manufacturing

Now Investor-Owned, VAC to Build Big Magnet Factory in South Carolina 

Vacuumschmelze, one of the world’s leading producers of magnetic materials and products has announced it will build a major new magnet factory in South Carolina that will supply domestically produced magnets in the USA. The move comes shortly after the company, based in Hanau, Germany, was acquired by investment group Ara Partners in October.  […]