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]
Business Areas
Magnetek currently primary areas of business:
- Material Handling
- People Moving
- Mining