Founded in 1984 and headquartered in Menomonee Falls, in the Greater Milwaukee area, Magnetek is a NASDAQ Global Market listed company (NASDAQ: MAG) specializing in the development, manufacture and marketing of digital power and motion control systems for material handling, people-moving, renewable energy,and mining applications. Our power control
systems serve the needs of selected
niches of traditional and emerging
commercial markets that are becoming
increasingly dependent on “smart”
power.
Magnetek is:
- America’s
largest supplier of digital
drive systems for industrial
cranes and hoists. We provide
Energy Engineered™ drives, radio
remote controls, braking and
collision avoidance subsystems,
motors and more.
- The world’s
largest independent builder
of digital motion control systems
for elevators. We specialize
in designing and manufacturing
highly integrated Energy Engineered
motion-control subsystems for
elevators, serving the world’s
foremost ‘lift’ builders .
- A provider
of digital power interfaces
that tie fuel cells, wind turbines
and solar arrays to the utility
grid.
- In underground
mining, we focus on coal, building
a new generation of digital
drive systems that enable mining
equipment to recover this resource
for refinement to produce “clean
coal” energy.
The Company operates
three ISO-certified research and
manufacturing facilities in North
America and employs approximately
400 people.
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