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Celebrating 75 Years of Innovation at Permag

Permag, a notable name in the world of engineered magnetic solutions, has proudly marked its 75th anniversary this year. This landmark celebration highlights three-quarters of a century dedicated to innovation, unwavering engineering excellence, and strong customer partnerships, particularly in the realm of high-performance permanent magnets and assemblies.

A Legacy of Rare Earth Expertise

Building its reputation on decades of specialized expertise in rare earth magnet materials and precision magnetic assemblies, Permag has established itself as a trusted partner in the industry. Being the sole producer of Samarium Cobalt (SmCo) magnets in the United States, the company caters to a global clientele, showcasing vertically integrated capabilities that encompass everything from complex design engineering to regulatory compliance in manufacturing.

The 75-year milestone also symbolizes the successful unification of several distinguished companies in the field—Electron Energy Corporation (EEC), Magnetic Component Engineering (MCE), and Dexter Magnetic Technologies—under the singular brand of Permag. By consolidating these firms, Permag has significantly enriched its engineering depth, expanded its manufacturing capabilities, and refined the customer experience while preserving the unique expertise that each entity brought to the table.

The Words of Leadership

In a statement reflecting on this incredible journey, Joe Stupel, CEO of Permag, emphasized, "The celebration of 75 years is a testament to the ingenuity of our employees, the trust of our customers, and the solid foundation established by the companies that comprise Permag. By merging EEC, MCE, and Dexter, we have forged a more powerful organization capable of delivering comprehensive magnetic solutions necessary for the world's most demanding applications. Our path forward remains focused on innovation, expansion of capabilities, and assisting our clients in navigating complex engineering challenges."

Permag's profound expertise in material science, combined with its vertically integrated manufacturing and engineering support, allows its clientele to not only expedite product development but also mitigate supply chain risks while fulfilling rigorous performance standards across highly regulated sectors.

The company operates across North America and Europe, providing clients with global resources complemented by agile local support. This strategic worldwide presence enhances collaboration with customers while ensuring resilient manufacturing and supply chain solutions for intricate projects.

An Expanding Global Footprint

Today, Permag's influence spans over 40 countries, delivering customized magnetic solutions that fuel next-generation technologies in various industries, including aerospace, defense, medical, semiconductor, and industrial markets. As the demand for advanced magnetic technologies continues to rise, the company is strategically investing in enhancing manufacturing capacities, attracting engineering talent, and securing rare earth supply chains to sustain their clients for the foreseeable future.

Permag’s dominance in high-performance permanent magnets, magnetic assemblies, and precision engineering positions them to effectively support customers tackling emerging challenges in electrification, national security, innovative medical applications, and semiconductor manufacturing.

Looking Towards the Future

With an unwavering commitment to customer service and innovation, Permag not only cherishes its storied history but looks ahead to future possibilities. As they continue to adapt and evolve with the industry's needs, they remain devoted to delivering unparalleled solutions that stand the test of time.

For more information about Permag and its 75-year legacy of innovation and excellence, visit Permag's website or contact Gustavo Olano, Senior Director of Marketing, at [email protected].

Website: Permag
Contact: Gustavo Olano, Sr. Director of Marketing, [email protected]
Phone: (978) 201-6910