Industrial Magnetics Competitors and Similar CompaniesClear all

Industrial Magnetics's competitors and similar companies include ILJIN MACHINERY, Bunting, Eriez and SPX FLOW.

	Industrial Magnetics Industrial Magnetics is a company that designs, engineers, and manufactures industrial magnets for work holding, lifting, fixturing, conveying and magnetic separation.	ILJIN MACHINERY ILJIN MACHINERY (일진기계) is a fabrication and machining company.	Bunting Bunting is a company that specializes in manufacturing magnetic technology products.	Eriez Eriez is a company that manufactures metal detection and material handling equipment.	SPX FLOW SPX FLOW (formerly known as Piston Ring) is a company that manufactures industrial equipment.
Founding Date	Founding Date 1961	Founding Date 1979	Founding Date 1959	Founding Date 1942	Founding Date 2015
Type	Type Subsidiary	Type Private	Type Private	Type Private	Type Subsidiary
Tags	Tags Manufacturing & Industrial machinery manufacturing equipment	Tags Manufacturing & Industrial generators mechanical components metal products	Tags Manufacturing & Industrial machinery metal products	Tags Manufacturing & Industrial automation machinery manufacturing equipment	Tags Manufacturing & Industrial machinery manufacturing equipment
Locations	Locations Boyne City, US HQ	Locations Ulsan, KR HQ Ulsan, KR	Locations Newton, US HQ	Locations Erie, US HQ Melbourne, AU Belo Horizonte, BR Delta, CA Santiago, CL Qinhuangdao, CN Tianjin, CN see more	Locations Charlotte, US HQ Brisbane, AU Melbourne, AU Perth, AU Sydney, AU Erpe Mere, BE Santiago, CL see more
Employees	Employees 754% increase	Employees 10111% decrease	Employees 155	Employees 4982% increase	Employees 4,221
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) ₩48.9b (FY, 2021)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) $1.5b (FY, 2021)
Cost of goods	Cost of goods N/A	Cost of goods ₩39.3b (FY, 2021)	Cost of goods N/A	Cost of goods N/A	Cost of goods $993.8m (FY, 2021)
Gross profit	Gross profit N/A	Gross profit ₩9.6b (FY, 2021)	Gross profit N/A	Gross profit N/A	Gross profit $535.2m (FY, 2021)
Net income	Net income N/A	Net income ₩1b (FY, 2021)	Net income N/A	Net income N/A	Net income $67.1m (FY, 2021)
Operating ⚠
Featured Products	Featured Products N/A	Featured Products N/A	Featured Products 8 (Jul, 2023)	Featured Products 1 (Jul, 2023)	Featured Products N/A
Industries Served	Industries Served 9 (May, 2022)	Industries Served N/A	Industries Served 11 (Jul, 2023)	Industries Served N/A	Industries Served 12 (May, 2024)
Product Categories	Product Categories N/A	Product Categories 35 (Jan, 2023)	Product Categories 6 (Jul, 2023)	Product Categories N/A	Product Categories N/A
Product Lines	Product Lines 33 (May, 2022)	Product Lines 4 (Jan, 2023)	Product Lines N/A	Product Lines N/A	Product Lines N/A
Products	Products N/A	Products N/A	Products N/A	Products 9 (Jul, 2023)	Products 140 k (May, 2024)
Services Provided	Services Provided 8 (May, 2022)	Services Provided N/A	Services Provided N/A	Services Provided 6 (Jul, 2023)	Services Provided N/A