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Business magnate. A business magnate, also known as an industrialist or tycoon, is a person who has achieved immense wealth through the creation or ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur and investor who controls, through personal enterprise ownership or a dominant shareholding ...
Samarium–cobalt magnet. A samarium–cobalt (SmCo) magnet, a type of rare-earth magnet, is a strong permanent magnet made of two basic elements: samarium and cobalt . They were developed in the early 1960s based on work done by Karl Strnat at Wright-Patterson Air Force Base and Alden Ray at the University of Dayton.
The new owners closed the Fort Wayne offices in 1930. In 1933, shortly before the manufacturing facilities were moved to Rome, New York, Victor Rea resigned and started his own company, Rea Magnet Wire, with several other former Dudlo employees. It was difficult to get a company off the ground in 1933, but an order by Jefferson Electric started ...
A neodymium magnet (also known as NdFeB, NIB or Neo magnet) is a permanent magnet made from an alloy of neodymium, iron, and boron to form the Nd 2 Fe 14 B tetragonal crystalline structure. [1] They are the most widely used type of rare-earth magnet. [2] Developed independently in 1984 by General Motors and in 1970s by Sumitomo Special Metals ...
The Magnex Scientific was a company involved in the design and building of superconducting magnet systems. In 2004 Magnex was bought by Varian, Inc. The Magnet Technology Centre is the new headquarters for magnet manufacturing for Varian, Inc and is situated on the Oxford Industrial Park, 3 miles (4.8 km) north-west of the city of Oxford ...
Alnico is a family of iron alloys which, in addition to iron are composed primarily of aluminium (Al), nickel (Ni), and cobalt (Co), hence the acronym [1] al-ni-co. They also include copper, and sometimes titanium. Alnico alloys are ferromagnetic, and are used to make permanent magnets. Before the development of rare-earth magnets in the 1970s ...
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