Steel Mills
May 20, 2017
AK Steel Receives $1.8 Million Award from Department of Energy
Written by Sandy Williams
WEST CHESTER, OH–(Marketwired – May 17, 2017) – AK Steel (NYSE: AKS) announced today that it has accepted an award of up to $1.8 million from the U.S. Department of Energy (DOE) under the Advanced Manufacturing Office’s Next Generation Electric Machines (NGEM) program to develop the next generation of advanced, non-oriented electrical steels (NOES) for motors used in a wide variety of industrial and automotive applications, including hybrid electric vehicles.
The three-year project will be conducted in collaboration with the DOE, Oak Ridge National Laboratory’s Power Electronics and Electric Machinery Research Center, and Regal Beloit Corporation, a leading manufacturer of electric motors and motion control products. The objective of the project is to develop an innovative motor design with high-alloy NOES that will achieve an efficiency improvement of more than 30% when compared to existing motor designs with NOES products.
