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Friday Nov 1 2002 2:05PM Eastern Time
Torrance, CA -- (BUSINESS WIRE SYSTEM) — November 1, 2002 -- MagneticComponent Engineering, Inc., a California Corporation, located in the City ofTorrance has announced that it has released N5563, a new grade of Neodymium Iron Boron, for production.
Magnets made from Neodymium Iron Boron are the strongest of magnet materials. Typically maximum energy products achieved were in the range of 26 MGOe to 48 MGOe, and two years ago 50 MGOe. Before the release of the N5563, MCE guaranteed a minimum energy product on their N5062 at 48.5 MGOe and a minimum Br of 13,900 Gauss. This had been an industry breakthrough. The N5563 pushes the envelope. The N5563 has a guaranteed minimum energy product of 53.0 MGOe and a Br of 14,800 Gauss.
Magnetic Component Engineering had offered a 53 MGOe material since January 2000, however, production was extremely limited. The cost was high, and the material had limitations as it was designed primarily for cryogenic, space, and deep space applications where temperatures drop below 4K. The introduction of N5563 gives designers the high Br values with the ability to use the material for commercial and defense applications at room temperature and above.
The President, Ms. Montgomerie, stated “I am very proud of our engineering staff. I feel that taking this lead in presenting high energy materials is very important not only for us here in the US, but also for worldwide applications. I am particularly excited about the benefits N5563 will provide to the medical industry, communications industry and the universities around the world.”
Mr. Brian Beeler, the National Sales Manager, said, “...staying on the cutting edge is key to our success. The economy may be sluggish, however, there is a lot of design work going on, and getting N5563 into production now is very important because it can be incorporated in these new designs. The N5563 is a state-of-the-art material which sets new standards for high energy product magnets.”
Mr. Chuck Faulend, the Eastern States Regional Sales Manager said, “...this is really exciting. While the competitors are making cut backs, MCE is making news with the N5563. Two years ago meeting a nominal of 55 MGOe, with a guaranteed minimum of 53 MGOe seemed like a dream. Today, our dream has come true.”
Magnetic Component Engineering, a manufacturer of permanent magnets, RFMagnetics and magnetic assemblies, has been a mark of quality and speed in theindustry. Lead times for production and prototypes are generally half ofwhat the industry has been quoting. Magnetic Component Engineering set astandard for high-speed accurate manufacturing in 1992. It has sincebecome the vendor of choice for the aerospace, defense, semiconductor, motor andmedical industries.
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