Tretau, an Italian magnet wire company, will invest more than $18 million and create at least 70 jobs with a new Fort Wayne plant, officials said Tuesday.

A European magnet wire company pledged an $18 million investment in Fort Wayne, promising to open its first plant outside of Europe. Tretau, which operates as Tau Wire Group, made the announcement ...

An insulated aluminum or copper conductor called magnet wire is used to wind transformers, motors, generators, and other electrical equipment that converts electrical energy into mechanical energy.

Luton, Bedfordshire, United Kingdom, April 01, 2025 (GLOBE NEWSWIRE) -- The global magnet wire market is poised for steady growth, projected to reach approximately USD 28.5 billion by 2024, driven by ...

Do you want to build an electric motor? You could probably find just about everything you need for a simple one around your house. Let me show you how to build it and why it works. Start With Magnet ...

Rea Magnet Wire, a local employer founded 90 years ago, has been sold to a German company in what is being described as “a perfect match” of operations. Terms of the sale, which closed Friday, were ...

Copper metal is usually at the core of any electrical wire, and this carries the current for the entire device. Wire insulation is another crucial but understated component. Common wire is insulated ...

If there’s something more tedious than winding coils, we’re not sure what it is — possibly rolling and wrapping coins; that’s really a bother. But luckily, just like there are mechanical ways to count ...

Leading copper and molybdenum producer Phelps Dodge has agreed to sell substantially all its North American magnet wire assets to the Rea Magnet Wire Company. Under the agreement, Rea will purchase ...