AEC Industrial Magnetics Manufacturing

 
4699 Interstate Drive
Cincinnati, OH 45246

Blog
small AEC logo

Bill Klaus AEC President DeskA message from AEC president Bill Klaus:

I’ve just received word that, beginning immediately, permanent magnet prices will rise. This is due to several significant factors that affect the China permanent magnetics industry. As you are probably aware, China produces most all of the world's permanent magnetics.  I am sharing with you, below, the letter I received from one of AEC Magnetics' most trusted China suppliers because it sums up the situation succinctly and accurately, 

  • Many China rare earth smelters stopped production this month to modify manufacturing facilities;
  • The world’s largest rare earths refinery reduced production this month due to lack of government approval; 
  • Customs closed at an important Chinese port. This prevents China from importing alternate materials from Myanmar;  
  • Several China separation plants closed this month after filling their production quotas.

 Dear Bill,

Some of our clients care about the NdFeb magnet price tendency recently,as they got some news also from the internet.So probably you will be also interested in...the information below :

  1. In December, part of factories of rare earth smelting separating manufactures will stop production for internal rectification, which will lead to 1,500 tons decreasing of the monthly production of Praseodymium oxide neodymium.
  2. The world’s largest rare earth refinery, Lynas plans to reduce production 400 tons of Praseodymium oxide neodymium in December due to lack of production approval.
  3. Myanmar mixed rare earth minerals can’t be imported to China as Yunnan Tengchong Customs closed, which have huge impact on the supply of rare earths especially the medium and heavy rare earth material. At present, the Chian-Myanmar port has not yet to normal. It is estimated that the production of Praseodymium oxide neodymium will reduce about 450 tons.
  4. Some rare earth separation plants have completed the rare earth aims at the end of the year, and the output has been reduced. Some of them have stopped production inspections. The shutdown of some rare earth enterprises is also a supporting factor for rare earth prices.

All the above statistics show that the global production of Praseodymium oxide neodymium will decrease by about 2,350 tons in December. At present, monthly consumption of Praseodymium oxide neodymium is about 5,000 tons, and the output is reduced by nearly 50%, which will inevitably support the price increase of Praseodymium oxide neodymium.

Just for your reference, the NdFeb magnet price will go up more or less in this month.

 Best Regards...

AEC Magnetics anticipates no product shortages at this time but encourages bulk and blanket orders to guarantee pricing. We will continue to monitor the permanent magnetic materials market closely and report news to you our website. With more than 90 percent of the world’s permanent magnetic materials mined and processed in China, this, of course, is beyond our control, but our strong and long relationships with our China suppliers allows us to give you a heads-up on price alerts, trade issues and industry trends. Follow such news here, in our blog section.

Thank you for your business. We appreciate the opportunity to serve you. Please contact us with any questions, and if you would like a quote, I will make sure you get one quickly.

Bill Klaus  

President, AEC Magnetics

Cincinnati, Ohio, USA

marc aecmagnetics grindingWe welcome "the daily grind" here at AEC Magnetics, as it means we are getting product manufacturied and out the door! Marc is makiing ES-1525-24C electros that will be shipped to Fastenal.  We serve Fastenal locations all over the country. Linda has begun labeling, packaging and packing the products so she can ship them today.  Fastenal uses our convenient scheduled blanket order service, where we release and ship orders as scheduled by the customer.  If you have a Linda aecmagnetics shippinglarge quantity, or wish to have your product delievered on a certain schedule, this service is for you, no charge. Scheduled blanket orderiing locks in attractive pricing for you, cuts your time spent re-ordering and allows us to handle your inventory for you until you need it. Our customers love the pricing piece of blanket ordering," said Bill Klaus, president of AEC Magnetics.  "They also love it because it's no-hassle.  Name the date, the quantity and you're finished."  Order schedules and timing may be modified to best accommodate a customer's schedule as well.  How easy is that?  Contact AEC Magnetics today to learn more!  Remember, if it's magnetic...it's AEC!

Blog
small AEC logo

china us relationsBrowsing through articles in one of our favorite industries, marine, AEC Magnetics caught this article in the trade pub, "Soundings Trade Only."  It is representative of a lot of trade discussion over tariffs. 

The article is entitled, "Trade War Troubles," by Reagan Haynes. https://www.tradeonlytoday.com/industry-news/trade-war-troubles.  We've been seeing similar articles in different sectors that detail how recent trade tariffs with China are negatively affecting some manufacturing operations.   This article, and many like it, describe the effects from one side of the table.  Today, AEC Magnetics weighs in from the other side.

neos in box 400Most important:  REEs, specifically permanent magnetic materials, have been, and remain, available and ready to ship on demand. AEC Magnetics sees no reason any production should be disrupted due to price or availability of permanent magnetic materials.

Also important:  90-percent (and as much as 97-percent, according to some) of the world's REEs are mined and produced in China. This long-preceded current trade and tariff adjustments. This is not news to western manufacturers. They have had to depend on China for permanent magnetic materials for decades, as there have been no mines in the Western Hemisphere for almost 20 years!

fanny aecBuy here, buy now.  AEC Magnetics developed a terrific supply chain over this period. We work with reputable companies who supply quality product reliably and affordably. We see no price and availability issues at this time, and foresee favorable future conditions. In fact, we reported a few months ago here on our blog China actually revised downward its permanent magnet production output for the second half of this year due to the previous years' over-abundance of material worldwide.

Bill on phone office 300This is how we see it. The current trade adjustments should not be a disruption to any business. Our business is to provide this product so you can manufacture uninterrupted. Your permanent magnetic materials do not have to be an issue in the current trade squeeze.  Let us take care of it.

Please call AEC Magnetics at (800) 635-3954 and we will structure a terrific blanket order that compliments your production schedule.  We also generous volume discounts.www.aecmagnetics.com 

Blog
small AEC logo

horseshoe assy red 300

AEC packs the maximum amount of magnetized material for the size in these horseshoe magnets.   See the flat ends?  These are the two magnetic poles, north and south. You can see they are close together.  This creates a strong magnetic field.  See the chubby design?  That means strength and sturdiness.  AEC customers love our permanent magnetic horseshoes for retrieving ferrous materials from hot and corrosive liquids, like plating applications.  Another popular use? Welding. Nothing holds as tight.    AEC carries specialty magnets and magnetic tools for so many uses.  Please check out our magnetic tools, power supplies and electromagnets. We make every electromagnet by hand and test it before it goes out the door.  We've been doing it this way for almost 60 years.  Our customers love our magnets and we think you will, too.  

If it's magnetic...its AEC!

Blog
small AEC logo

If you have a great attendance record, are dependable, work hard and wish to learn lifelong skills in manufacturing, machining and magnets, please consider working at AEC Magnetics.  Simply send an e-mail to AEC's HR department to start the process.  Include your name, address, phone and/or email and your work history, and include what you did at each job.  We will contact you and tell you more about the job, pay and specific duties. 

AEC is an industry leading designer and manufacturer of automation equipment. We build terrific electro-magnets and permanent magnetic assemblies, and are the world's "go-to" industrial magnetics solutions provider.  We are looking for those with machine shop, manufacturing, production and global shipping experience, but are willing to train. Most important, we are looking for people we can count on. Our customers count on accuracy, detail and attention, and we work hard to deliver these values--every day.

If you share our values, and wish to be considered, please let us hear from you.  

Page 1 of 8