Magnequench
| Magnequench, Inc. | |
|---|---|
| legal form | |
| Seat |
Delaware , United States
|
| Branch | Magnetic materials |
Magnequench was an American magnet manufacturer .
history
In 1982 General Motors (GM) and Sumitomo Special Metals invented the neodymium-iron-boron magnetic alloy. Magnequench was founded in 1986 as a subsidiary of GM and began production in 1987 in Anderson, Indiana .
In 1995 the company was taken over by Sextant MQI Holdings by Archibald Cox, Jr., backed by the Chinese companies China National Non-Ferrous Metals Import & Export Corporation (CNIEC) and San Huan New Material . In 1998 a new plant was opened in Tianjin . Magnetic powder production in Idaho Falls was discontinued in 2000 and the last plant in Valparaiso, Indiana, was closed in 2006 .
In 2005 Magnequench merged with AMR Technologies from Toronto and renamed itself Neo Materials Technologies . In 2007 a new plant was opened in Korat , Thailand. 2012 Neo Materials Technologies for 1.3 billion was US dollars from Molycorp , the now insolvent owner of the Mountain Pass -Mine taken over.
Individual evidence
- ^ Molycorp Organizational Chart
- ↑ a b Jeffrey St. Clair: The Saga of Magnequench , April 23, 2006
- ^ Charles W. Freeman III: Remember the Magnequench: An Object Lesson in Globalization , January 2009
- ↑ James T. Areddy: Deal Shows China's Sway in Rare-Earth Minerals . In: Wall Street Journal . 2012 ( wsj.com ).
- ↑ Molycorp Magnequench Timeline ( memento of the original from December 22, 2015 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
