Arnold Magnetic Technologies announces Thailand manufacturing expansion
Arnold Magnetic Technologies announced a Thailand manufacturing expansion for samarium cobalt magnet production.
Evidence notes
- Arnold Magnetic Technologies announced a multi-million-dollar expansion at Amata City Chonburi in Thailand.
- Phase II investments will add samarium cobalt magnet production, shaping and finishing capabilities.
- The expansion is expected to double overall magnet production and improve supply-chain continuity for Asia Pacific and Europe.
Company context
Arnold Magnetic Technologies manufactures high-performance permanent magnets, magnetic assemblies, electromagnets, flexible composites, precision thin metal foils, and electric motor-related systems for motors, generators, sensors, aerospace, defence, industrial, medical, and energy applications.