b"Late in 1991, Arnold Engineering announced the consolida\x00on of all of its Hard Ferrite permanent magnet produc\x00on into its Sevierville, Tennessee plant. Associated with this consolida\x00on was a signicant capital investment in the Sevierville Plant for addi\x00onal sintering capacity and advanced grinding equipment.Sevierville PlantIn May of 1992, Arnold Engineering announced the receipt of a U.S. Patent covering the unique passiva\x00on technology related to Neodymium-Iron-Boron powder and magnets. The technology was a result of an ongoing basic research and development program ini\x00ated by Arnold and SPS Technologies in 1989. The new process (Aquanide) signicantly enhances the corrosion resistance of NdFeB powder and magnets.In December, 1992, Arnold Engineering acquired all of the assets of Minnesota Mining and Manufacturing Company's (3M) bonded magnet business in Norfolk, Nebraska. Sales of bonded ferrite and rare earth magnets are primarily to the automo\x00ve, business equipment and medical industries. About one-quarter of Norfolk's sales are to export customers. The Norfolk facility, now referred to as Flexmag West, consisted of an 84,000 square foot plant on a 175-acre site with a workforce ofPlastiform Plant - Flexmag Westapproximately 65 employees. Manufacturing processes include the produc\x00on of ferrite powder, compounding, exible magnet processing, injec\x00on molding, coa\x00ng, magne\x00zing, lamina\x00ng and tool making.P\x00\x00\x00 7"