Magnetics
Founded 1961 · 78 employees on LinkedIn · 1 known investors
Industrial Magnetics manufactures and supplies magnetic separation equipment and industrial magnet systems for powder and bulk solids processing, material handling, and pneumatic conveying applications across manufacturing and processing industries.
Also known as IMI · Industrial Magnetics, Inc.
Investors · 1
Company profile
researched Aug 2026Industrial Magnetics, Inc. (IMI), operating at magnetics.com, designs, engineers and manufactures industrial-grade magnetic equipment used to improve efficiency, product purity, processing-equipment protection and workplace safety. Its core product lines include magnetic separation equipment that removes tramp metal from material streams, sorting and separation systems for ferrous, weakly ferrous and non-ferrous metals (including Eddy Current magnets), lifting and scrap-handling magnets, holding and fixturing magnets, parts-conveying magnets, retrieving tools, metal inspection and testing magnets, welding supplies and clamps, and tool storage and organization products.
The company markets under several brands: MAG-MATE, positioned around magnetic tools and products for industrial and manufacturing use; Walker Magnetics, which under the Industrial Magnetics brand supplies durable magnetic products including in-stock scrap magnets; Javelin-style sorting and separation equipment for ferrous, weakly ferrous and non-ferrous metals; and KANT-TWIST clamps, U.S.-made work-holding clamps. IMI combines an in-stock catalog of standard items with custom engineering work for specific customer applications.
Business model
IMI manufactures and sells magnetic equipment and tools, offering both in-stock standard products and custom-engineered magnetic solutions. It supplements product sales with aftermarket services and customer programs, including magnet repair and refurbishing to reduce downtime, a trade-in upgrade program for older equipment, and upgrades that automate cleaning of drawer-in-housing separators.
Revenue derives from sales of magnetic products and custom-engineered equipment, plus aftermarket services such as repair/refurbishing and trade-in upgrades.
Latest developments
In April 2026 the company announced that Paul Hardy had taken on the Regional Manager role for Michigan, Ontario and Quebec.
▸Full profile — market position, technology, go-to-market, geography
Market position
The company positions itself as a supplier of industrial magnetic solutions across a broad set of industries, operating a multi-brand portfolio (MAG-MATE, Walker Magnetics, sorting/separation equipment, KANT-TWIST).
Technology
Product technology spans permanent and electromagnetic separation equipment for removing tramp metal from material streams, Eddy Current magnets for non-ferrous separation, lifting and scrap-handling magnets, holding and fixturing magnets, end-of-arm tooling for automotive applications, metal detection and inspection devices, and mechanical work-holding clamps.
Go-to-market
IMI sells through a sales team reachable via its website contact channels, supported by regional managers covering defined territories, an in-stock product catalog for fast availability, brand-specific product catalogs, and post-sale service programs.
Industrial and manufacturing customers across fabrication and welding, stamping, petrochemical, conveying, food/feed/grain, recycling and scrap, mining and aggregate, pharmaceutical, plastics, automotive manufacturing (OEMs and suppliers), energy and utility, steel production, steel service distribution, and quality assurance/safety/testing, as well as home and hobby users.
Geography
Sales territory coverage includes the United States and Canadian provinces of Ontario and Quebec; KANT-TWIST clamps are described as made in the USA.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Timeline · 1
launches, deals, and filingsIndustrial Magnetics announced in a press release that Paul Hardy stepped into the role of Regional Manager covering Michigan, Ontario and Quebec.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- Magneticsmagnetics.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Magnetics do?
- Industrial Magnetics, Inc. designs and manufactures industrial magnetic separation, lifting, holding and work-holding equipment.
- Who are Magnetics's investors?
- Magnetics's investors include Dns Capital.