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Permag: A New Era in Rare Earth Magnets

In a significant move that reshapes the landscape of high-performance magnetic solutions, three industry pioneers, Dexter Magnetic Technologies (DMT), Magnetic Component Engineering (MCE), and Electron Energy Corporation (EEC), have rebranded under the unified name of Permag. This rebranding marks a strategic evolution towards a more integrated approach to the magnet industry.

Founded in the 1950s, the original name Permag has a rich heritage of innovation in the field of industrial magnets. However, with the recent rebranding, the organizational structure has been strategically aligned to utilize the individual strengths of each entity to provide superior services to their clients.

Enhanced Synergy for Better Solutions

Permag's operational model emphasizes seamless collaboration. Each of the companies maintains its distinct identity while collectively enhancing their capabilities. DMT continues to excel in research and development as well as high-precision engineering. Meanwhile, EEC holds the prestigious title of the only North American producer of samarium-cobalt (SmCo) magnets, boasting unmatched material science expertise. Finally, MCE specializes in cutting-edge machining and manufacturing processes.

Joe Stupfel, president and CEO of Permag, expressed enthusiasm about this new chapter: "Our seamless collaboration among all three industry-leading companies under Permag continues our strategic vision for assembling an organization with unparalleled capabilities to provide magnetic products and services from raw material input through completed complex assemblies." This sentiment highlights a commitment to advancing the field of magnetic technologies and optimizing solutions for a diverse range of applications across industries.

Extensive Industry Expertise

Permag’s promise to lead globally in the procurement, design, and manufacture of rare earth magnets is backed by nearly 177 years of collective experience from DMT, EEC, and MCE. The unified organization aims to leverage its unique skills and resources to enhance customer value, particularly in critical verticals such as aerospace, defense, medical technologies, and semiconductors.

The company’s strategic goal is to cater to client-specific needs through high-quality magnet production, which fuels the most technologically advanced applications worldwide. This focus ensures that Permag not only meets but exceeds customer expectations by delivering reliable and efficient solutions.

Commitment to Innovation and Quality

Permag stands firm in its pursuit of world-class engineering excellence. The company remains devoted to:

• - World-Class Engineering: With decades of experience, Permag excels in designing custom magnetic solutions suited to varying client requirements.
• - High-Quality Magnetic Materials: The firm promises exceptional materials from rare earth magnets to complex assemblies that uphold the rigorous demands of modern technology.
• - Innovation and Research: An ongoing commitment to research and development allows Permag to independently develop advances benefiting the industrial magnet sector.
• - Trusted Legacy of Excellence: By maintaining the core values established by Dexter Magnetic Technologies, Electron Energy Corporation, and MCE, Permag continues to prioritize quality and performance.

A Future of Innovation

As Permag steps into this new era, they are set to push the boundaries of what’s possible in the field of magnet solutions. The rebranding reflects an unwavering commitment not only to maintaining but enhancing the legacy of innovation and collaboration in the industry. With a singular focus on serving customers better, Permag is poised to reshape the future of server and infrastructure technologies.

For those interested in learning more about Permag and their solutions, they are encouraged to visit the official website at www.permag.com or reach out to marketing leaders like Gustavo Olano for inquiries and partnership opportunities.

The name Permag represents not just a new identity but a reinforced promise of quality and leadership in the magnetic domain, as this strengthened collective set a precedent for excellence in the years to come.