Founded in 1896 in Worcester, Massachusetts, upon the invention of the electromagnetic chuck by Oakley S. Walker, Walker Magnetics has grown into a market-leading provider of custom and standard magnetic products for workholding, lifting, material handling, scrap magnets and separation applications. Over its 125-year history, a diverse range of industries have come to recognize Walker Magnetics products’ reliability across a broad spectrum of unique and general manufacturing applications.
“The acquisition of Walker Magnetics marks Industrial Magnetics’ next step in expanding our permanent, electromagnetic and electro-permanent magnetic technology and systems for industrial applications,” said Dennis O’Leary, Industrial Magnetics’ chief business development officer. “It also broadens our industry-best roster of lift magnets and establishes Industrial Magnetics as a leader in the workholding segment with a complete lineup of permanent, electromagnetic, and electro-permanent magnetic chucks.
“With strong brand recognition and highly complementary products, we are excited about the opportunities to grow both businesses while maintaining our industry-best lead time, reliability, and quality,” he added. “Industrial Magnetics intends to be a thoughtful steward to the Walker Magnetics legacy, history, and brand with continued investment in its long-term growth.”
WD-40 Brand Launches Gear Shop and Summer of Swag Sweepstakes
Official WD-40 Brand merchandise is available to purchase for the first time, and fans of the blue-and-yellow can have a chance to win $100 gift cards each week.
Vention and OnRobot Partner to Bring a One-Stop Shop for Cobot Applications to Manufacturers Globally
Vention Inc. (Montreal, Canada) has announced a partnership with OnRobot A/S (Odense, Denmark). Vention offers a manufacturing automation platform (MAP), OnRobot makes tools for collaborative applications.
Absolute Machine Tools Earns Diamond Partner Status from Mitsubishi Electric Automation
Absolute Machine Tools Inc. (Lorain, OH) has earned the title of Diamond Partner Systems Integrator from Mitsubishi Electric Automation Inc. (Vernon Hills, IL). The partnership is expected to expand opportunities for and bring value to both companies.