e-Power Technology

Stellantis Plans $155 Million Investment in 3 Indiana Plants to Support North American Electrification Goals 

Stellantis announced today from its headquarters in Amsterdam that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules that will help power future electric vehicles assembled in North America and support the goal of 50% battery electric sales in the U.S. by 2030.  […]

e-Power Technology

Niron Magnetics Scales Up with New CEO & Key Managers 

Niron Magnetics, the company pioneering the development of iron nitride magnets that are high-performance permanent magnets free of rare earths, is scaling up to evolve its company to become a significant player on the magnet market. One of its latest steps has been to appoint Jonathan Rowntree as new CEO. The leadership change and other key appointments represent a planned evolution of the company as it advances from a focus on development towards scaling, commercialization, and productization of its patented Clean Earth Magnet technology. […]

Materials/Manufacturing

Neo Awarded Grant for Rare Earth Magnet Plant in Estonia; Reports Prices Down from Record Highs but High Demand 

Despite prices for magnetic materials dropping recently from record highs, the outlook is strong for Neo Performance Materials’ plan to build a 100-million Euro rare earth magnet plant in Estonia. It recently received a sizeable government grant to support the effort, while higher-than-expected future demand is driving the company to consider expanding the plant’s capacity. […]

Electromagnetics

Tech Tips: Designing Magnetic Latches to Keep Electronics Secured 

Do you know that permanent magnets are behind the action for your detachable keyboard, the pencil that attaches to your tablet, and the wireless charging pad that attaches to your phone? Smart screen covers for phones, tablets, magnetically latching wall-mount security cameras and countless electronic devices in day-to-day life rely on permanent magnets for providing the magnetic attaching mechanism.  […]