Arnold completed the acquisition of Ramco Electric Motors.

Arnold Magnetic Technologies, a global manufacturer of high-performance magnets, magnetic assemblies and precision thin metals, completed the acquisition of Ramco Electric Motors, a manufacturer of stators, rotors, and full electric motors. Financial terms were not disclosed. “By augmenting our technical know-how and engineering capabilities with Ramco’s complementary product portfolio, we will move up the technology ladder and be able to offer more comprehensive, turnkey solutions to our customers. We have a clear line of sight to future growth opportunities through partnering with Ramco’s talented team,” Dan Miller, Arnold President & CEO.