Magnetics/Assemblies

MIMplus Crafts Shaped Magnets Using Metal Injection Molding 

At metalcrafter MIMplus in Germany, a new focus is on producing powerful neodymium magnets in extraordinary shapes by using its expertise and extensive manufacturing capabilities in metal injection molding. While relatively new to the field of magnetics, the company is a well-established manufacturer […]

Materials/Manufacturing

MP Materials to Build “10X” Magnet Manufacturing Campus in Texas; Disengages Business Dealings in China 

February 26, 2026 — MP Materials Corp. today announced it has selected a 120acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from its Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain, says the company. […]

e-Power Technology

Allison Acquires Dana Off-Highway Drive & Motion Systems Business 

Allison Transmission Holdings has significantly expanded its drivetrain and propulsion systems business through acquiring the Off-Highway Drive & Motion Systems business of Dana. The $2.7 billion deal, finalized in January, creates a new global giant overseeing aggressive development of hybrid and electric propulsion systems for […]