( PR4US.com | Press Release | 2021-07-15 09:17:24 )VACUUMSCHMELZE
(VAC) announces its partnership with the EuroGroup to establish local production within the Americas (USMCA). The two companies have invested in production and expanded development capabilities within the United States to enhance their support to key customers in Aerospace, Automotive, Medical, and Industry as it relates to electric motor and generator applications. This expansion of VAC’s soft magnetic alloy capability including cobalt iron stator solutions coupled with EuroGroup extensive stamping and manufacturing expertise provides a locally integrated supply chain of high performance solutions to USMCA customers.
VAC is globally recognized for being the one-stop-shop for motor manufacturers. It is unique in its depth of value creation, being the only manufacturer of high performance magnetic alloys, such as cobalt iron material, that processes the material in-house into ready-to-use stator packages. Being also the biggest producer of rare earth permanent magnets in the western hemisphere makes VAC also unmatched in its breadth as it also features stator- and rotor-systems using its own rare earth magnets technology. The companies’ magnetic solutions for electric motors come with the highest energy densities and provide the basis for the world's most powerful electric motors. VAC’s customer-base comprises the world leaders in Aerospace, Automotive, Renewable Energies, Industry and many more.
‘We highly appreciate the trust in our capabilities from VAC. We are convinced that this partnership will realize growth opportunities for both companies and strengthen our footprints likewise.’ states Marco Arduini, CEO of EuroGroup.
‘We fully recognize the importance of the US market when it comes to the innovation and design of energy efficient electric motors. We are convinced we have the right partner with EuroGroup in order to meet the mission critical expectations of our customers. With this partnership, we utilize the strength of both companies while maintaining full process control and keeping responsibility in our hands in order to deliver VAC technology made in the USA.‘ says Dr. Erik Eschen, CEO of VAC.
(VAC) is among the world’s most innovative developers of magnetic materials, inductive components and other related products. With a global network of Sales and Field Application Engineers, VAC designs and manufactures tailor-made solutions for a wide variety of industries, comprising renewable energies, automotive, industrial automation installation technology, and aviation.
For more information visit: vacuumschmelze.com
EuroGroup S.p.A. is the industrial holding company that coordinates and controls the companies of the group, which supply manufacturers of electric motors and generators. Thanks to its wide range of technologies, it can offer its customers dies, equipment, blanked components, die cast rotors and assembling of finished parts for prototypes and series production. EuroGroup assists its customers during the development of their products, recommending the technologies most appropriate to their requirements. For more information visit: euro-group.it