ULVAC Establishes Domestic Production System for Rare Earth Magnet Vacuum Melting Furnaces ~Orders from Europe and US Expected to Triple Compared to Previous Period~

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ULVAC is establishing a new domestic production system in Japan for its vacuum melting furnaces for rare earth magnets, anticipating a threefold increase in orders primarily from magnet manufacturers in Europe and the US. This move creates a dual supply system with existing Chinese facilities, offering customers diversified supply options to meet growing global demand and the need for supply chain diversification.

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