Magnetek Inc (NASDAQ:MAG)

28.70
Data as of Oct 17
 -0.21 / -0.73%
Today’s Change
17.08
Today|||52-Week Range
35.00
+19.73%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Electrical Products
MARKET CAP
$100.5M

Company Description

Magnetek, Inc. develops, manufactures and markets digital power and motion control systems for material handling, people-moving, alternative energy and mining applications. Its applications are used in various industries, including aerospace, automotive, steel, aluminum, paper, logging, mining, ship loading, nuclear power plants, work boats, locomotive yards, and heavy movable structures. The company also designs, builds, sells and supports elevator application specific drive products. Its systems primarily consists of programmable motion control and power conditioning systems used in the applications, including overhead cranes and hoists, elevators, coal mining equipment and renewable energy sources. The company develops and markets digital power inverters that connect renewable energy sources to the utility grid and is a supplier of digital motion control systems for underground coal mining applications. Magnetek was founded in July 1984 and is headquartered in Menomonee Falls, WI.

Contact Information

Magnetek, Inc.
N49 W13650 Campbell Drive
Menomonee Falls Wisconsin 53051
P:(262) 783-3500
Investor Relations:
(262) 703-4282

Employees

Shareholders

Other institutional45.73%
Mutual fund holders31.24%
Individual stakeholders24.91%

Top Executives

Peter M. McCormickPresident, Chief Executive Officer & Director
Hungsun Sawyer HuiVice President-Operations
Marty J. SchwennerCFO, Vice President & Head-Investor Relations
Jim SwenorDirector-Service & Technical Support
Michael J. StauberChief Accounting Officer, VP & Controller

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