Dow Up0.36% Nasdaq Up0.12%

Magnetek Inc. (MAG)

27.44 Up 0.14(0.51%) 3:47PM EDT
ProfileGet Profile for:
Magnetek Inc.
N49 W13650 Campbell Drive
Menomonee Falls, WI 53051
United States - Map
Phone: 262-783-3500
Fax: 800-298-3503

Index Membership:N/A
Sector:Industrial Goods
Industry:Industrial Electrical Equipment
Full Time Employees:328

Business Summary 

Magnetek, Inc. provides digital power control systems to control motion and power primarily in material handling, elevator, and mining applications. The company offers power control and delivery systems and solutions for overhead material handling applications used in industries, such as aerospace, automotive, steel, aluminum, paper, logging, mining, ship loading, nuclear power plants, and heavy movable structures. Its material handling products comprise alternating current (AC) and direct current (DC) drive systems, radio remote controls, push-button pendant stations, brakes, and collision avoidance and power delivery subsystems. The company also designs, builds, sells, and supports elevator application-specific drive products, such as DC high-performance elevator drives; and AC drives used with low and high-performance traction elevators. It provides elevator products, such as integrated subsystems and drives that are sold primarily to elevator original equipment manufacturers (OEMs), as well as offers regenerative controls for new building installations and elevator modernization projects. In addition, the company provides AC and DC digital motion control systems for underground coal mining equipment. It sells its products directly or through manufacturers’ representatives to OEMs, system integrators, value-added resellers, and distributors in the United States, Canada, and the United Kingdom. Magnetek, Inc. was founded in 1984 and is headquartered in Menomonee Falls, Wisconsin.

Key Statistics

Company Websites 
Home Page
Search Yahoo! for:
More on Magnetek Inc.

Key Executives 
Mr. Peter M. McCormick , 54
Chief Exec. officer, Pres and Director
Mr. Marty J. Schwenner , 53
Chief Financial Officer and VP of Investor Relations
Mr. Hungsun S. Hui , 51
Principal Operating Officer and VP of Operations
Mr. Michael J. Stauber , 40
Chief Accounting Officer, VP and Corp. Controller
Mr. Scott S. Cramer , 62
VP, Gen. Counsel and Corp. Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
View Insiders