Kansas-based Bunting Magnetics has launched its new high-intensity Electromagnetic Wet Filter designed for fine particle separation across multiple industries including mineral processing. The filter generates a high-intensity magnetic field ranging from 3,500 to 10,000 Gauss, enabling the separation of extremely fine iron and paramagnetic minerals from liquids and slurries. In addition to mineral processing, the filter can be used in…
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ABB to acquire Siemens low-voltage NEMA motor business
ABB has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales and management team. The business employs around 600 people and generated revenues of approximately $63 million in 2021. Financial terms of the transaction…
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