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 […]
Oncore Motor Group, led by CEO Grant Bibby, has acquired long-time electric motor manufacturer Reuland Electric of City Of Industry, California only about a year after Bibby sold lamination manufacturer Orchid Monroe. Oncore indicates that […]
National Electronic Alloys, a distributor of specialty metals and alloys – including many magnetic alloys, has acquired distributor Ed Fagan Inc., building a larger enterprise and establishing a new parent company name of EFINEA in […]
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. […]
Cryogenics developer Bluefors of Finland is expanding globally as demands for its sophisticated magnets and other ultra-low temperature products find new placements in quantum computing, fusion research and other cutting-edge scientific endeavors. Leveraging its partnership […]
Tokyo-based Minebea Mitsumi and its Yokahama-based subsidiary Ablic are expanding their businesses in power electronics, sensing and precision motion with recent acquisition moves that add more semiconductor capability. Minebea is planning to purchase Hitachi’s power […]
Standex International reports strong performance and reaching new financial records as it lays plans to acquire Japanese company Sanyu Switch while absorbing another recent acquisition, Minntronix — both deals adding to its portfolio of magnetic […]
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