| Contact Us |
Bunting Magnetics Co.
500 S. Spencer Ave.
P.O. Box 468
Newton, Kansas 67114-0468
U.S.A.
Fax (316) 283-4975
bmc@buntingmagnetics.com
Call us at (800) 835-2526 |
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500 South
Spencer
Newton, KS
67114-0468
Phone (316)
284-2020
Fax (316)283-3408 |
Press Release
|
Contact:
Mike Wilks
Phone: (800)
835-2526 Ext. 132 |
FOR
IMMEDIATE RELEASE
Friday, April 04,
2008 |
Bunting Magnetics Company Announces the Acquisition of
Magnet Applications Group Ltd.
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Newton,
Kansas / April 4, 2008
– The Bunting Magnetics Company is pleased to announce the acquisition
of Magnet Applications Group Ltd. (MAGL). MAGL was founded in 1955 and
currently has manufacturing operations in Berkhamsted, England and
Dubois, Pennsylvania USA. MAGL manufactures and distributes a wide
variety of technical bonded magnets, precision magnetic assemblies and
complementary magnet products.
Robert J. Bunting, President of Bunting Magnetics, said “This
acquisition represents a strategic combination that significantly
expands Bunting’s product and market scope. MAGL has outstanding market
recognition as a premier manufacturer of bonded NdFeB magnets and
technical assemblies. We are pleased that all of MAGL’s experienced
management team will continue on with the business and we are confident
that our newly combined enterprise will maintain the highest
performance level serving our valued customers.”
According to Mike Miller, MAGL’s Vice President of Sales, “There will
be no noticeable change to our customers, employees, or suppliers. This
association with Bunting Magnetics provides a great opportunity for us,
making both companies stronger in the world-wide marketplace”.
Since 1959, Bunting has been successfully serving manufacturers of
plastic components, metal products, printing labels, food products,
automobiles and electronic equipment. Bunting’s main manufacturing
facility is in Newton, Kansas. The company manufactures magnetic
separation equipment, and magnetic and non-magnetic conveyors for use
in food, plastics, chemical, manufacturing, and recycling industries.
The Newton facility also manufactures magnetic die cutting and printing
cylinders for use in flexographic printing presses. Bunting also has a
manufacturing and distribution facility in Elk Grove Village, Illinois.
The Elk Grove Village location sells a full range of magnets, including
magnetic assemblies, cut magnets, flexible magnetic rubber and magnetic
tools.
Bunting Magnetics
Co. is a privately owned company located at 500 South
Spencer Road, Newton, Kansas, USA 67114-0468. For more information on
Bunting Magnetics Co. in the U.S. and Canada, call 800-835-2526.
Outside the U.S. and Canada call 316-284-2020. Or visit our website at www.buntingmagnetics.com
. For more information on Magnet Applications Group, Ltd., visit our
website at www.magnetapplications.com. |
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