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Cash is King at Carpenter Technology as Revenues Sink 40%

November 10, 2020 Editorial Staff Comments Off

Carpenter Technology, a major manufacturer of magnetic powders and other alloys, reports that revenues sank 40% in its quarter ended September 30 yet amidst an intense period of the Covid-19 pandemic it has managed to […]

Materials/Manufacturing

Neo Reports 10% Drop in Demand for Its Magnequench Powders, Revenues Decline 21%

January 13, 2020 Editorial Staff Comments Off

Neo Performance Materials reports a 21% drop in revenues and a 10% volume drop for its Magnequench business unit over the nine months ending September 30. Considered a bellweather for the market in rare-earth magnetic […]