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. […]