Type | Subsidiary |
---|---|
Formerly Nasdaq: MAG | |
Industry | Material handling Power control and motion control technologies |
Founded | 1984 |
Headquarters | , |
Number of locations | 3 Offices |
Area served | Worldwide |
Products | Drives and controls for material handling, people-moving and energy delivery |
Number of employees | 350 |
Parent | Columbus McKinnon |
Website | www |
Footnotes /references [1] |
Magnetek, Inc., is a technology company founded in 1984 and headquartered in Menomonee Falls, Wisconsin, and is a NASDAQ Global Market listed company. The company develops, manufactures, and markets digital power and motion control systems for material handling, people-moving and mining applications. Its power control systems serve the needs of selected niches of traditional and emerging commercial markets that are becoming increasingly dependent on "smart" power. Magnetek operates four ISO9001:2008 certified research and manufacturing facilities in North America.
The company is America's largest supplier of motor control, radio controls, and automation systems for industrial cranes and hoists. It is also the world's largest independent builder of digital motion control systems for elevators, holding this position by designing and manufacturing motion control subsystems. The company's mining division focuses on coal mining by building a hydraulic drive system that enables mining equipment to recover coal for refinement to produce "clean coal" energy. [2]
Magnetek currently primary areas of business:
A conveyor belt is the carrying medium of a belt conveyor system. A belt conveyor system is one of many types of conveyor systems. A belt conveyor system consists of two or more pulleys, with a closed loop of carrying medium—the conveyor belt—that rotates about them. One or both of the pulleys are powered, moving the belt and the material on the belt forward. The powered pulley is called the drive pulley while the unpowered pulley is called the idler pulley. There are two main industrial classes of belt conveyors; Those in general material handling such as those moving boxes along inside a factory and bulk material handling such as those used to transport large volumes of resources and agricultural materials, such as grain, salt, coal, ore, sand, overburden and more.
The Plessey Company plc was a British electronics, defence and telecommunications company. It originated in 1917, growing and diversifying into electronics. It expanded after World War II by acquisition of companies and formed overseas companies.
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Moog is an American-based designer and manufacturer of electric, electro-hydraulic and hydraulic motion, controls and systems for applications in aerospace, defense, industrial and medical devices. The company operates under four segments: aircraft controls, space and defense controls, industrial controls, and components. Moog is headquartered in Elma, New York and has sales, engineering, and manufacturing facilities in twenty-six countries.
The breakup of the Bell System was mandated on January 8, 1982, by a consent decree providing that AT&T Corporation would, as had been initially proposed by AT&T, relinquish control of the Bell Operating Companies, which had provided local telephone service in the United States. This effectively took the monopoly that was the Bell System and split it into entirely separate companies that would continue to provide telephone service. AT&T would continue to be a provider of long-distance service, while the now-independent Regional Bell Operating Companies (RBOCs), nicknamed the "Baby Bells", would provide local service, and would no longer be directly supplied with equipment from AT&T subsidiary Western Electric.
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Bucyrus-Erie was an American surface and underground mining equipment company. It was founded as Bucyrus Foundry and Manufacturing Company in Bucyrus, Ohio, in 1880. Bucyrus moved its headquarters to South Milwaukee, Wisconsin in 1893. In 1927, Bucyrus merged with the Erie Steam Shovel Company to form Bucyrus-Erie. In 1997, it was renamed Bucyrus International, Inc.. In 2010 the enterprise was purchased by Caterpillar in a US$7.6 billion transaction that closed on July 8, 2011. At the time of its acquisition, the Bucyrus product line included a range of material removal and material handling products used in both surface and underground mining.
A hoist is a device used for lifting or lowering a load by means of a drum or lift-wheel around which rope or chain wraps. It may be manually operated, electrically or pneumatically driven and may use chain, fiber or wire rope as its lifting medium. The most familiar form is an elevator, the car of which is raised and lowered by a hoist mechanism. Most hoists couple to their loads using a lifting hook. Today, there are a few governing bodies for the North American overhead hoist industry which include the Hoist Manufactures Institute, ASME, and the Occupational Safety and Health Administration. HMI is a product counsel of the Material Handling Industry of America consisting of hoist manufacturers promoting safe use of their products.
Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under "DOV". Dover was ranked 433rd in the 2022 Fortune 500. The company relocated its headquarters to Illinois from New York in mid-2010.
Heyl & Patterson Inc. is an American specialist engineering company, founded in 1887 and based in Pittsburgh, Pennsylvania.
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Altra Industrial Motion is an American manufacturer of mechanical power transmission products – brakes, clutches, couplings, and the like. The company is headquartered in Braintree, Massachusetts.
Joy Global Inc. was a company that manufactured and serviced heavy equipment used in the extraction and haulage of coal and minerals in both underground and surface mining. The company had manufacturing facilities in Alabama, Pennsylvania, Texas, Wisconsin, Australia, Canada, China, France, South Africa, Poland and the United Kingdom. In 2017, Joy Global was acquired by Komatsu Limited and was renamed Komatsu Mining Corp.
The Vollrath Company is an American company based in Sheboygan, Wisconsin that manufactures stainless steel and aluminum equipment and smallwares, and deep draw stainless steel items, for commercial and institutional foodservice operations.
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PAR Systems, Inc, is a systems engineering firm headquartered in Shoreview, Minnesota, specializing in automated manufacturing and material handling equipment. Subsidiaries include Jered LLC, specializing in marine equipment and cargo handling systems; Ederer LLC, specializing in custom and specialty cranes and associated equipment; CAMotion, specializing in advanced motion control and Cartesian palletizers and Oak River Technology, specializing in automated manufacturing, testing equipment and medical device manufacturing equipment. PAR systems specializes in engineering equipment for the nuclear field, designing equipment for nuclear industry hot cells, process facilities and decommissioning applications in Japan, UK and United States. In the aerospace industry, PAR specializes in precision cutting, trimming, drilling, coating, scanning and non-destructive testing equipment PAR Systems has quality certifications in ISO9001, AS9100, ISO13485 and ASME NQA-1 compliant.
Chain Belt Company was an agricultural equipment manufacturer in the US. It produced chain belts specifically to replace leather-based belts, which were used inside engine-powered agricultural equipment at the time.
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