Magnetic Products Overview
- Year Founded
-
1981
- Status
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Private
- Employees
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45
- Latest Deal Type
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Debt
- Latest Deal Amount
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$1.1M
Magnetic Products General Information
Description
Manufacturer of industrial magnetic and metal control equipment catering to food manufacturers. The company offers metal and foreign contamination control, and material handling solutions to its clients.
Contact Information
Website
www.mpimagnet.comCorporate Office
- 683 Town Center Drive
- Highland, MI 48356
- United States
Corporate Office
- 683 Town Center Drive
- Highland, MI 48356
- United States
Magnetic Products Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Debt - General | 16-Aug-2021 | $1.1M | Completed | Generating Revenue |
Magnetic Products Comparisons
Industry
Financing
Details
Magnetic Products Competitors (12)
One of Magnetic Products’s 12 competitors is Eriez Manufacturing, a Corporation company based in Erie, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Eriez Manufacturing | Corporation | Erie, PA | ||||
| Puritan Magnetics | Corporation | Oxford, MI | ||||
| Rotobec | Corporation | Sainte-Justine, Canada | ||||
| Maf Roda | Corporation | Montauban, France | ||||
| Multiscan Technologies | Private Equity-Backed | Cocentaina, Spain |
Magnetic Products Patents
Magnetic Products Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-D1130342-S1 | Handle for magnetic separator | Active | 01-Nov-2024 | ||
| WO-2026096742-A1 | System and method for monitoring and controlling magnetic separators | Pending | 01-Nov-2024 | ||
| US-20260042100-A1 | Magnetic separator with wave deflector | Pending | 07-Aug-2024 | ||
| US-20250250119-A1 | Conveyor system | Pending | 06-Feb-2024 | ||
| US-20250376334-A1 | Pendulum conveyor | Pending | 01-Jul-2022 | B65G27/12 |
Magnetic Products Signals
Magnetic Products FAQs
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When was Magnetic Products founded?
Magnetic Products was founded in 1981.
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Where is Magnetic Products headquartered?
Magnetic Products is headquartered in Highland, MI.
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What is the size of Magnetic Products?
Magnetic Products has 45 total employees.
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What industry is Magnetic Products in?
Magnetic Products’s primary industry is Electrical Equipment.
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Is Magnetic Products a private or public company?
Magnetic Products is a Private company.
-
What is Magnetic Products’s current revenue?
The current revenue for Magnetic Products is .
-
How much funding has Magnetic Products raised over time?
Magnetic Products has raised $1.1M.
-
Who are Magnetic Products’s competitors?
Eriez Manufacturing, Puritan Magnetics, Rotobec, Maf Roda, and Multiscan Technologies are some of the 12 competitors of Magnetic Products.
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