Master Magnetics
Master Magnetics manufactures and distributes permanent magnets and magnetic assemblies under the Magnet Source brand, serving industrial, agricultural, automotive, construction, and consumer markets across North America through direct e-commerce, 37,500+ retail locations, and industrial distributors.
- Company typePrivate
- Founded1976
- HeadquartersCastle Rock, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Master Magnetics does
Master Magnetics, Inc. is a privately held U.S. manufacturer and distributor of permanent magnets and magnetic assemblies, founded in 1976 and headquartered in Castle Rock, Colorado, with a second distribution facility in Marietta, Ohio. Operating under the Magnet Source brand, the company maintains over 20 million magnets in stock across five raw material families (neodymium, ceramic, alnico, samarium cobalt, and flexible magnetic sheeting) and produces downstream assemblies including magnetic sweepers, welding magnets, tool holders, retrieving magnets, material-handling magnets, latches, hooks, and clamps. Its product portfolio also includes patented cow stomach magnets for the agricultural segment and the Magnetic Graphics System (PrintMagnetVinyl, ThinFORCE, and FlexIRON) for printable signage and retail display applications.
The company operates a multi-channel go-to-market model spanning direct e-commerce (magnetsource.com), telephone-based business sales for custom and OEM orders, an Authorized Reseller Program with over 250 retail-ready SKUs, and distribution through major retailers and industrial supply partners including Home Depot, Walmart, Ace Hardware, TrueValue, Amazon, DoItBest, Grainger, Fastenal, and McMaster-Carr, reaching over 37,500 retail locations across North America. Revenue is generated almost entirely through one-time product sales (consumer units, retail packaged goods, industrial bulk orders, and flexible material rolls) plus custom cutting, slitting, and bespoke assembly services with 2–18 week lead times. The company serves at least ten vertical segments, with primary emphasis on industrial/manufacturing, agriculture, automotive, construction, safety/warehousing, printing and sign-making, and metal working/welding, and secondary reach into craft/hobby, housewares, and woodworking.
From an operational standpoint, Master Magnetics operates a 99,000-square-foot headquarters and warehousing facility and reports 101–250 employees, with unusually high tenure (19% of staff with over 20 years of service). The business is independently owned with no disclosed venture capital, private equity, or parent company involvement, and reports a BBB A+ accreditation. No public revenue figures, API offerings, AI/ML capabilities, or external funding rounds are disclosed in the available data.
Master Magnetics firmographics
Firmographics- Name
- Master Magnetics
- Legal name
- Master Magnetics, Inc.
- Website
- https://magnetsource.com
- Company type
- Private
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Master Magnetics manufactures and distributes permanent magnets and magnetic assemblies under the Magnet Source brand, serving industrial, agricultural, automotive, construction, and consumer markets across North America through direct e-commerce, 37,500+ retail locations, and industrial distributors.
- Ownership category
- akta.pro rank
Master Magnetics industry classification
Industry- Product category
- Permanent Magnets Manufacturing
- NAICS
- Other Electrical Equipment and Component Manufacturing (3359)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Passive Components (Resistors, Capacitors, Inductors, Ferrites) (IMAGAJAA)
Keywords
Where Master Magnetics is headquartered
LocationHeadquarters
- HQ city
- Castle Rock
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Master Magnetics business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Direct Product Sales (E-commerce & Phone): Consumer and business customers purchase magnets directly via the company website and telephone orders. Individual magnet SKUs are priced per unit (e.g., $0.15 for small neodymium discs, $9.91 for ceramic block magnets, $35.65 for flexible magnetic strip rolls). One-time purchase model for individual units and retail packaging.
- Volume & Bulk Industrial Sales: Industrial magnets priced and packaged for volume purchase. Custom tooling and special orders available for OEM applications. Distributor pricing offered to channel partners. Custom magnet orders typically take 2-18 weeks depending on material and complexity.
- Flexible Magnetic Material Sales: Flexible magnetic sheeting and strips sold in various thicknesses (12-60 mil), widths (up to 48 inches), and lengths (10-200 ft). Includes printable variants (PrintMagnetVinyl™, ThinFORCE™), magnetic receptive materials, and custom-cut products. Products include rolls, strips, and sheets with adhesive or plain backing.
- Retail Packaged Products & Display Programs: Over 250 retail-ready SKUs of packaged consumer magnets sold through authorized resellers (hardware stores, home improvement retailers, craft stores). Includes customized planograms, merchandising displays, floor displays, counter displays, and free P.O.P. graphics for retailers.
- Custom Cutting & Manufacturing Services: Precision custom cutting of flexible magnetic sheeting to specified dimensions. Slitting services to narrower widths. Custom shapes available. Additional custom services include logo printing on magnets for promotional needs (5-14 business day lead time).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Individual Consumer Products (Online) |
| Unit Pricing | Pay-as-you-go | Retail Packaged Products |
| Other | Multi-year contract | Industrial / Volume / Custom Orders |
Go-to-market motion3 records
Distribution channels12 records
Marketing channels6 records
Master Magnetics product offering
Product offeringCore offering
Master Magnetics manufactures and distributes permanent magnets and magnetic devices under the Magnet Source brand. The product line spans five raw magnet material families (neodymium, ceramic, alnico, samarium cobalt, and flexible magnetic sheeting), complemented by magnetic assemblies such as sweepers, tool holders, welding magnets, retrieving magnets, material handling magnets, hooks/clamps/clips, latches, and patented cow magnets. The company also offers custom cutting, slitting, and OEM design services to industrial, commercial, and consumer buyers across North America.
Product overview
Master Magnetics is a manufacturer and distributor of permanent magnets and magnetic devices, operating under the Magnet Source brand. The product portfolio centers on five core raw magnet materials: Neodymium Rare Earth Magnets (the strongest available), Ceramic Magnets (cost-effective), Alnico Magnets (temperature-stable), Samarium Cobalt Rare Earth Magnets (high-temperature applications), and Flexible Magnetic Material (sheets, strips, and printable variants). These raw materials are complemented by magnetic assemblies including Magnetic Sweepers (VersaSWEEP and other types), Magnetic Tool Holders, Welding Magnets, Retrieving Magnets, Material Handling Magnets, Magnetic Hooks/Clamps/Clips, and Latches. The company also offers the Magnetic Graphics System—an integrated solution combining FlexIRON magnetic receptive material with PrintMagnetVinyl and ThinFORCE printable magnetic sheeting for retail and commercial display applications. Specialized products include Cow Magnets for agriculture and custom cutting services for flexible materials. Over 20 million magnets are maintained in stock with distribution through retail partners (Ace Hardware, Home Depot, TrueValue, Amazon, Grainger, Fastenal) and direct sales.
Differentiator
Problem solved
Functional benefit
Brands
- Magnet Source: The Magnet Source brand is a registered trademark of Master Magnetics, Inc. representing their product line of magnets and magnetic devices.
Products and services
- Neodymium Rare Earth Magnets The strongest permanent magnets available, offered in various shapes (disc, block, ring, countersunk) and grades (N45, N52) for industrial, commercial, and consumer applications.
- Ceramic Magnets Cost-effective magnets composed of strontium carbonate and iron oxide, ideal for industrial, manufacturing, craft, and hobby applications. Available in blocks, discs, and rings.
- Alnico Magnets Temperature-stable magnets composed of aluminum, nickel, and cobalt, available in holding and horseshoe forms for industrial and consumer applications.
- Samarium Cobalt Rare Earth Magnets High-performance rare earth magnets with excellent temperature stability and corrosion resistance, suitable for applications requiring magnetic stability across wide temperature ranges.
- Flexible Magnetic Material Flexible magnetic sheeting and strips made from ferrite powder and rubber polymer resin, available in 12-60 mil thicknesses with adhesive backing, printable surfaces, and magnetic receptive variants.
- Magnetic Graphics System An interchangeable, multi-layered magnetic graphics display system combining flexible magnetic and magnetic receptive materials (FlexIRON, PrintMagnetVinyl, ThinFORCE) for creating and updating visual displays without replacing the entire sign.
- PrintMagnetVinyl Printable Magnetic Sheeting Printable flexible magnetic sheeting with gloss white vinyl surface compatible with solvent, eco-solvent, UV, and latex ink systems for creating printed magnetic signs and graphics.
- ThinFORCE High Energy Magnetic Sheeting
Quantifiable outcome
- Over 37,500 retail store locations served through authorized resellers
- +3 more outcomes
Companies that use Master Magnetics
Customer profileNamed customers9 records
Segments10 records
Ideal customer profiles3 records
Master Magnetics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Master Magnetics partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
Master Magnetics competitors and assessment
Company assessmentDirect peers
- Eriez Manufacturing: Global manufacturer of magnetic separation, metal detection, and material handling equipment serving mining, food, and industrial markets. Comparable in magnetic assembly products (especially sweepers and separators) sold into industrial channels.
- Bunting Magnetics: Manufacturer of magnetic separators, metal detectors, and magnetic material handling equipment. Comparable to Master Magnetics' magnetic assemblies/sweepers business with overlapping industrial and warehousing customer segments.
- Adams Magnetic Products: U.S. manufacturer and distributor of permanent magnets and magnetic assemblies with both industrial and retail channels. Closely comparable in product breadth, custom assembly capability, and B2B/B2C distribution model.
- K&J Magnetics: Online-first U.S. magnet manufacturer and retailer selling neodymium, ceramic, and samarium cobalt magnets directly to businesses and consumers. Closely comparable to Master Magnetics in product mix, channel mix, and target customer segments.
- Industrial Magnetics Inc. U.S. designer and manufacturer of industrial magnetic assemblies for material handling, separation, and workholding. Directly comparable to Master Magnetics' industrial sweeper, lifting, and welding magnet product lines.
- Dura Magnetics: U.S. manufacturer specializing in neodymium, ceramic, and samarium cobalt magnets and assemblies. Comparable to Master Magnetics in industrial/OEM magnet manufacturing and online B2B sales.
- Arnold Magnetic Technologies: Global manufacturer of permanent magnets, magnetic assemblies, and precision thin metals serving aerospace, defense, and industrial OEM customers. Comparable to Master Magnetics in core materials and OEM custom engineering but with a more industrial/OEM focus.
Broad incumbents
- Hitachi Metals (Proterial): Large Japanese materials manufacturer of neodymium and other rare-earth permanent magnets for automotive, electronics, and industrial OEM customers. Adjacent competitor in the upstream neodymium magnet supply chain Master Magnetics depends on.
- TDK Corporation (Magnequench): Global electronics and magnet manufacturer (including Magnequench rare-earth magnet business) serving automotive, industrial, and consumer markets. Represents the broader incumbent competitive and supply-chain context for permanent magnets.
Regional players
- Magnet Expert (UK): UK-based online magnet retailer selling neodymium, ferrite, and flexible magnets to industrial and consumer customers. Comparable product catalog and channel mix to Master Magnetics but focused on European markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Master Magnetics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Master Magnetics leadership team
Management profileNumber of profiles
Profiles1 record
Master Magnetics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Master Magnetics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Master Magnetics
What does Master Magnetics do?
Master Magnetics manufactures and distributes permanent magnets and magnetic devices under the Magnet Source brand. The product line spans five raw magnet material families (neodymium, ceramic, alnico, samarium cobalt, and flexible magnetic sheeting), complemented by magnetic assemblies such as sweepers, tool holders, welding magnets, retrieving magnets, material handling magnets, hooks/clamps/clips, latches, and patented cow magnets. The company also offers custom cutting, slitting, and OEM design services to industrial, commercial, and consumer buyers across North America.
Is Master Magnetics a public or private company?
Master Magnetics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Master Magnetics founded?
Master Magnetics was founded in 1976. It employs 101 to 250 people.
Where is Master Magnetics based?
Master Magnetics is headquartered in Castle Rock, United States, in the North America region.
How does Master Magnetics make money?
Five revenue lines are on record. Direct Product Sales (E-commerce & Phone) is the primary driver. The others are volume & Bulk Industrial Sales, flexible Magnetic Material Sales, retail Packaged Products & Display Programs and custom Cutting & Manufacturing Services.
Who are Master Magnetics's main competitors?
Direct peers on record are Eriez Manufacturing, Bunting Magnetics, Adams Magnetic Products, K&J Magnetics, Industrial Magnetics Inc., Dura Magnetics and Arnold Magnetic Technologies. Broad incumbents are Hitachi Metals (Proterial) and TDK Corporation (Magnequench). Magnet Expert (UK) is listed as a regional player.
Does Master Magnetics have an API?
No public API is recorded for Master Magnetics.
What industry is Master Magnetics in?
Master Magnetics's product category is Permanent Magnets Manufacturing. Its primary akta.pro industry code is IMAGAJAA, Passive Components (Resistors, Capacitors, Inductors, Ferrites). Its NAICS code is 3359 and its SIC code is 3600.