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Industrial Magnetics
Industrial Magnetics, based in Boyne City, Michigan, manufactures custom magnetic separation, lifting, and material handling equipment for heavy industry.
Industrial Magnetics
Industrial Magnetics manufactures magnetic separation, lifting, and material handling equipment for industrial applications. The company operates under multiple brands including Walker Magnetics, MAG-MATE®, and KANT-TWIST®, and reports serving industries from fabrication and welding to recycling and automotive manufacturing. IMI designs custom magnetic solutions for clients in the US and internationally, with products covering tramp metal separation, scrap handling, and parts conveying. Its equipment targets process improvement, product purity, and equipment protection across heavy industry. The company lists among its client industries food, feed, grain, petrochemical, pharmaceutical, mining, and energy. Team size and financials are not disclosed. Paul Hardy was named Regional Manager for Michigan, Ontario, and Quebec (per the firm, date unspecified). The firm offers customer programs including repair and refurbishing, trade-in upgrades, and automated cleaning solutions. No additional offices beyond Boyne City are listed. The company's structure is that of a private manufacturer, not an investment vehicle. Its ownership and governance are not publicly detailed, and it does not operate as a traditional family office or asset manager. The absence of public financial information limits external assessment of its scale.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Boyne City
Corporate office
Boyne City, MI, United States
Principals
Paul Hardy
Regional Manager for Michigan, Ontario & Quebec
Sector focus
Frequently asked questions
What does Industrial Magnetics manufacture?
Industrial Magnetics designs and produces custom magnetic equipment including tramp metal separators, lifting magnets, scrap handling magnets, and parts conveyors for industrial and manufacturing use (per firm website). The company serves sectors such as food processing, petrochemical, automotive, recycling, and pharmaceuticals.
What brands does Industrial Magnetics operate?
Industrial Magnetics operates under the Walker Magnetics brand for scrap recycling and large lifting applications, MAG-MATE® for magnetic tools, and KANT-TWIST® for welding clamps (per firm website).
Who are the principals at Industrial Magnetics?
Industrial Magnetics disclosed Paul Hardy as Regional Manager for Michigan, Ontario, and Quebec (per firm website). The company does not publicly name a CEO, founder, or ownership structure.
What is the geographic footprint of Industrial Magnetics?
The company is headquartered in Boyne City, Michigan, and states it serves clients across North America, including Canada (per firm website). No international offices or global distribution networks are confirmed.
Is Industrial Magnetics a family office or an operating company?
Industrial Magnetics is an industrial manufacturer, not a family office or investment vehicle. It sells magnetic equipment and custom engineering services. Its ownership and financial data are not publicly disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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