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 […]
Permag, the only US-based producer of samarium cobalt magnets, is making an aggressive expansion of its manufacturing capacity at the Lancaster, Pennsylvania facility of group member Electron Energy Corporation, enabling it to boost the domestic […]
Dexter Magnetic Technologies, a Permag company, has developed a revolutionary spherical magnet design that can dramatically improve MRI safety for patients with magnet-equipped implanted devices, eliminating the need for magnet removal or surgical procedures. […]
The parent company of Dexter Magnetic Technologies, Magnetic Component Engineering, and Electron Energy Corporation—Magnetic Holdings, LLC—has been rebranded as Permag. The new name marks the next step in the company’s evolution as the industry leader in high-performance magnetic solutions, leveraging the unique strengths and attributes of three independent companies. […]
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