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Permag Marks 75 Years of Leadership in Magnetic Solutions

A Historic Milestone
Permag is celebrating its 75th anniversary, a remarkable journey characterized by continuous innovation, engineering excellence, and strategic partnerships that have positioned the company as a global leader in the field of magnetic solutions. Since its founding, Permag has dedicated itself to advancing technologies that address the evolving needs of sectors such as aerospace, defense, medical technology, and semiconductors.

Rooted in Experience
For three-quarters of a century, Permag has built a reputation based on its expertise in rare earth magnet materials and precision magnetic assemblies. As the only manufacturer of Samarium-Cobalt magnets (SmCo) in the United States, the company delivers sophisticated solutions tailored to mission-critical applications, ensuring clients around the world have access to the highest quality magnetic components.

Permag’s growth is further validated by its acquisition and integration of three distinguished industry leaders: Electron Energy Corporation (EEC), Magnetic Component Engineering (MCE), and Dexter Magnetic Technologies. This strategic unification under the Permag brand has fostered an unprecedented level of technical competency and manufacturing prowess, allowing for seamless customer experiences while maintaining the specialized knowledge that enabled these companies to thrive in their respective niches.

Words from Leadership
As Joe Stupfel, the Chief Executive Officer of Permag, aptly stated, "The 75th anniversary is a testament to the ingenuity of our employees, the trust of our customers, and the strong foundations laid by the companies that constitute Permag today." Stupfel emphasizes that the consolidation of EEC, MCE, and Dexter has crafts an even stronger organization capable of offering comprehensive magnetic solutions—ranging from advanced rare earth materials to finished assemblies—designed for the most rigorous applications globally.

Current and Future Focus
With a keen eye on the future, Permag is continuing to invest in innovation, expanding its manufacturing capabilities and engineering personnel, and securing supply chains for rare earth materials. This proactive approach ensures that the company is well-positioned to meet the complex challenges faced by customers in an era of increasing demand for advanced magnetic technologies.

As Permag supports clients in over 40 countries, its commitment to customized magnetic solutions not only enhances technological development but ensures that stringent performance requirements in highly regulated industries are met with efficiency and precision.

Broadening Horizons
Permag’s comprehensive expertise in materials science, coupled with vertically integrated manufacturing and engineering support, aids customers in accelerating product development while mitigating supply chain risks. This assembly of capabilities establish robust pathways for performance-driven results in sectors such as:

• - Aerospace
• - Defense
• - Medical Technology
• - Semiconductors
• - Industrial Applications

A Strong Future
As demand for advanced magnetic technologies continues to surge, Permag's focus on bolstering its manufacturing infrastructure and engineering talent is pivotal. Its top-tier position in the realm of high-performance permanent magnets and precision engineering equips Permag to empower customers to overcome new challenges in areas like electrification, national security, medical advancements, and semiconductor manufacturing.

About Permag
Permag has emerged as a premier provider of technologically complex magnetic solutions, offering advanced permanent magnets, precise magnetic assemblies, magnetic couplings, and custom-designed systems tailored for the most challenging global applications. Formed from the merger of Electron Energy Corporation, Magnetic Component Engineering, and Dexter Magnetic Technologies, Permag brings together 75 years of technical excellence, unparalleled rare earth expertise, and vertically integrated manufacturing capabilities across markets including aerospace, defense, medical, semiconductor, industrial, and energy sectors.

To learn more about Permag and its extensive capabilities, please reach out to:
Gustavo Olano
Senior Director of Marketing
Permag
(978) 201-6910
[email protected]