Description Magnequench has taken a powder and built a business on the scientific principle that opposites attract. The company supplies rare earth magnet materials, including its isotropic powder, for major manufacturers of plastic injection-molded magnet parts, as well as makers of calendared or extruded flexible magnets. Magnequench is the leading producer of Neodymium magnet materials for applications in the automotive, computer, consumer electronics, household appliance, and hand tool industries as well as for office and factory automation and, last but not least, smart bombs. The company is a division of Neo Material Technologies (formerly AMR Technologies).