Materials/Manufacturing

Neo Extends Strategic Partnership for High-Performance Magnets with Bosch

Neo Performance Materials Inc. recently announced the signing of a multi-year Memorandum of Understanding with Robert Bosch GmbH, a leading global supplier of technology and services. Given this extended supplier partnership and in conjunction with Neo’s new capacity launch planning, Neo will reserve significant annual magnet production capacity for its customer Bosch, with a clear mutual target for both partners to transition the capacity reserve into definitive projects. […]

Materials/Manufacturing

Neo Performance Materials Ships First Magnet Samples Produced at New European Facility to its Tier 1 Traction Motor Customer

Neo Performance Materials Inc. recently announced that its new permanent magnet facility in Estonia has shipped sintered magnet samples for a Tier 1 traction motor customer meeting specific magnetic properties. This milestone marks a significant step forward in Neo’s commitment to providing high-performance materials for the electric vehicle market. […]