Materials/Manufacturing

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

Punch and TATA Form JV to Build EV Powertrain Production in India 

Belgian drivetrain specialist Punch Powertrain, bent on rapidly transforming its production from conventional power systems to fully integrated EV powertrains, and TATA AutoComp Systems Limited plan to form a 50-50 joint venture that will bring the Punch e-powertrain portfolio into TATA’s manufacturing and distribution operations in India. The venture will be responsible for the design, manufacturing, marketing and sales of Punch’s DT1 compact dual clutch transmission design in India and to global markets and will also carry out a wide range of activities to supply Punch’s conventional-hybrid DCTs, continuously variable transmission and EV reducers to customers in India. […]