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Industrial Magnetics Acquires Clamp Manufacturing

Tuesday, February 19, 2019
 

Industrial Magnetics, Inc., a Boyne City, MI-based provider of industrial magnets, has announced the acquisition of Clamp Manufacturing Co., South El Monte, CA. 

“The acquisition marks IMI’s next step in expanding our workholding and general manufacturing product offerings,” says Dennis O’Leary, Industrial Magnetics’ CBDO “ With an eye toward expanded SKUs and a concentration on speed-to-market, we can provide a larger and more diverse product offering to meet our channel partner and end-user expectations. Clamp Manufacturing’s excellent reputation and relationships provide a unique opportunity for us to grow the Kant-Twist clamps and No-Mar hammer products in conjunction with IMI’s current offerings.”

 


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