Magnetics Acquires Magnetic Metals

9/1/2026
Magnetics, Inc., a division of Spang & Company, today announced the acquisition of substantially all of the business assets of Magnetic Metals Corporation’s Western Division located in Anaheim, California. The acquisition expands Magnetics' U.S. manufacturing capabilities and enhances its portfolio of high-permeability magnetic components, powder cores, ferrite cores, and strip wound cores. The transaction further strengthens the company's ability to serve customers seeking domestically manufactured magnetic products while increasing manufacturing flexibility and supply chain resilience. 

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