Magnetech Industrial Services, Inc.

What Magnetech Industrial Services, Inc. does

Magnetech Industrial Services, Inc. is a US-based industrial electrical-mechanical equipment repair, rewind, and remanufacturing company operating as a wholly owned subsidiary of IES Holdings, Inc. under the IES Infrastructure Solutions division. The company traces its quality heritage to 1937 and was formally established in 2000 through the purchase of operating assets from a South Bend, Indiana magnet and electric motor shop. Magnetech operates six service centers across Ohio (Massillon as headquarters, Boardman), Indiana (Hammond), West Virginia (Huntington), Alabama (Saraland), and Georgia (Columbus, via the Southern Rewinding subsidiary acquired in 2015), with a total operational footprint exceeding 150,000 square feet and 251-500 employees. The company specializes in repair, rewind, and remanufacturing of AC/DC motors (up to 80,000 HP, 13.8 kV), DC motors (up to 10,000 HP, 750 V), transformers (100 KVA to 25,000 KVA, up to 69 KV), switchgear, circuit breakers, and lifting magnets with patented core design.

Magnetech's service portfolio is organized into six lines: Motor & Generator Services, Power System Services, Lifting Magnet Products & Services, Rail Services (AAR M-1003 certified), Field Services, and New Products (OEM authorized sales). Two proprietary programs anchor the company's value proposition: Total Motor Management® combines repair, rewind, remanufacturing, and predictive/preventive maintenance into a comprehensive lifecycle management approach, while MagneTrac® provides asset management for lifting magnet fleets. Revenue is generated through one-time repair/remanufacturing projects, preventive and predictive maintenance contracts, hardware sales of new Magnetech-branded magnets and OEM-authorized motors (ABB, GE, TMEIC), and on-site field services. Pricing is quote-based and project-specific. The company competes on a 'transformer to driven component' full-service differentiator, supported by EASA Accreditation (one of only 160 worldwide), ISO 9001:2015, UL certification, and AAR M-1003 rail certification.

Magnetech serves five primary customer verticals: Manufacturing/Industrial (automotive, chemical, food processing, glass, mining, pulp & paper), Metal/Steel (metal producing, processing, scrap & recycling), Power Generation/Distribution (fossil, hydro, nuclear non-safety, wind), Transportation/Rail (Class I and light railroads), and Public/Government (aerospace, hospitals, military, naval/marine, universities). The go-to-market is direct enterprise field sales with no intermediaries, supported by OEM authorized service partnerships and 24/7 emergency response. The company also operates as an authorized service provider for ABB, GE, and TMEIC, channeling authorized warranty and aftermarket service through OEM brand relationships. Marketing is primarily content-driven and relationship-based, centered on the corporate website, downloadable sales literature, and industry association memberships (AIST, EASA, NSA, ISRI, RSI).

Name

Magnetech Industrial Services, Inc.

Legal name

Magnetech Industrial Services, Inc.

Website

https://magnetech.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

251–500 employees

Short description

Magnetech Industrial Services is a US industrial electrical-mechanical equipment repair and remanufacturing company specializing in electric motors, generators, transformers, switchgear, and lifting magnets, serving manufacturing, steel, power, rail, and government customers through six service centers nationwide.

Ownership category

akta.pro rank

Product category

Industrial Electromechanical Repair and Maintenance Services

NAICS

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (8113), Motor and Generator Manufacturing (335312), Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314)

SIC

Motors & Generators (3621), Electrical Industrial Apparatus (3620), Switchgear & Switchboard Apparatus (3613), Power, Distribution & Specialty Transformers (3612)

akta.pro primary industry

High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA)

akta.pro secondary industries

Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK), Grid Interconnection, Power Quality & Electrical Infrastructure Service (Transformers, Switchgear) (TLAKAMAM)

Keywords

• Industrial motor repair
• Electromechanical service
• Power system maintenance
• Lifting magnet manufacturing
• Rail locomotive remanufacturing

Headquarters

HQ city

Massillon

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Repair, Rewind, and Remanufacturing Services: One-time service revenue from repair, rewinding, and remanufacturing of AC/DC motors, generators, transformers, switchgear, circuit breakers, and lifting magnets. Services range from routine maintenance to full remanufacturing to original OEM specifications.
2. Preventive and Predictive Maintenance Services: Ongoing maintenance programs including vibration analysis, oil analysis, ultrasonic examination, infrared thermal imaging, laser shaft alignment, and PdMA motor circuit evaluation, delivered as scheduled or contract-based services.
3. Lifting Magnet and OEM Equipment Sales: Sale of new Magnetech brand lifting magnets (scrap, rectangular, circular) and OEM-authorized new motor and magnet sales. Magnetech acts as an authorized service provider for original equipment manufacturers, selling motors and providing authorized warranty and aftermarket service.
4. Field Services: On-site installation, equipment removal, on-site rewinds, field machining, preventative and predictive maintenance, and crane services delivered at customer locations, billed as service engagements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Magnetech Industrial Services provides industrial electromechanical repair, rewind, and remanufacturing services for AC/DC motors, generators, transformers, switchgear, circuit breakers, and lifting magnets under its Total Motor Management® program. The company also manufactures and sells Magnetech-branded lifting magnets with a patented core design, and operates as an OEM Authorized Service Provider for ABB, GE, and TMEIC motors across six service centers in the United States.

Product overview

Magnetech Industrial Services, Inc. is an industrial electrical-mechanical equipment repair and service company, not a software product company. Its core offering is Total Motor Management® — a comprehensive suite of repair, rewind, remanufacturing, and predictive/preventive maintenance services for electric motors, generators, transformers, switchgear, circuit breakers, lifting magnets, and railroad equipment. The portfolio spans six service lines: Motor & Generator Services (AC to 80,000 HP / 13.8 kV, DC to 10,000 HP / 750 V), Power System Services (transformers, switchgear, circuit breakers), Magnet Products & Services (Magnetech-branded lifting magnets and all-brand repair/rewind), Rail Services (AAR M-1003 certified locomotive traction motor and generator remanufacturing), Field Services (on-site vibration, thermal, oil, and ultrasonic analysis), and New Products (OEM authorized motor sales and distribution). The MagneTrac® asset management program and MCC Retrofit services are add-on offerings. Southern Rewinding (acquired 2015) operates as a regional sub-brand serving the Southeast.

Differentiator

Problem solved

Functional benefit

Brands

• MagneTrac®: Asset management program for lifting magnets and material handling equipment
• Total Motor Management®

Products and services

• Motor & Generator Services Complete rewind, reconditioning, and remanufacturing for all makes and models of AC and DC motors and generators, including diagnostics, field services, UL re-rating, motor redesign, and dynamic balancing to ANSI/ISO standards. Capacity ranges from 1/4 HP up to 80,000 HP AC (13.8 kV) and 10,000 HP DC (750 V).
• Power System Services Comprehensive services for transformers, circuit breakers, switchgear, and control centers including repair, rewind, remanufacture, field services, oil testing, and custom bus fabrication for capacities ranging from 100 KVA to 25,000 KVA, up to 69 KV.
• Lifting Magnet Products & Services Sales, repair, rewind, and rebuild of lifting magnets for metal/scrap industries, railroad yards, and shipyards; includes Magnetech-branded magnets with patented cores designed to 75% duty cycle with Class H insulation, as well as repair/rewind services for all magnet brands.
• Rail Services AAR M-1003 certified rebuild of traction motors, locomotive main/auxiliary generators, alternators, and railroad magnets for Class I and light railroads, including remanufacturing of EMD and GE traction motors and ALCO main alternators.
• Field Services On-site services including vibration analysis, oil analysis, ultrasonic examination, infrared thermal imaging, electrical testing, laser shaft alignment, overhead crane services, and 24/7 emergency response delivered at customer locations.
• New Products (OEM Authorized Sales) Sales of OEM motors with authorized warranty and aftermarket service for ABB, GE, and TMEIC brands; and new Magnetech lifting magnet sales including scrap magnets, rectangular magnets, and circular magnets.
• Southern Rewinding Services Industrial electric motor repair and sales service acquired in May 2015, serving as one of the largest providers of electric motors, pumps, gearboxes, generators, and other industrial equipment in the Southeast U.S. from Columbus, Georgia.
• RAIL Line Magnets Electro-lifting magnets designed for railroad track removal and clean-up applications including tie plate, rail, rail spikes, rail wheels, slabs, plate, rebar, scrap, and spreader beam; rated at 230 VDC, 75% duty cycle with copper or aluminum windings.

Quantifiable outcome

• Reduced breakdowns and repair costs through the Total Motor Management program
• +3 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• AIST (Association for Iron & Steel Technology)minorOthersNon-profit trade association with 17,500 members from more than 70 countries. With 30 Technology Committees and 22 Local Members Chapters, AIST represents an incomparable network of steel industry knowledge and expertise. Magnetech is a member.
• EASA (Electrical Apparatus Service Association)coreOthersInternational trade organization of over 1,800 electromechanical sales and service firms in nearly 80 countries. Through engineering and educational programs, EASA provides members with updates on materials, equipment, and state-of-the-art technology. Magnetech holds EASA Accredited Service Center status (one of only 160 worldwide).
• NSA (National Slag Association)minorOthersNonprofit trade association formed in 1918 to promote the use of Blast Furnace and Steel Furnace Slag nationwide. Comprises 165 companies and organizations ranging from active members to academic members and industry associations.
• ISRI (Institute of Scrap Recycling Industries)minorOthersNonprofit trade association representing more than 1,100 private and public for-profit companies that process, broker, and industrially consume all scrap commodities. Equipment and service providers market to the scrap recycling industry through ISRI membership.
• RSI (Railway Supply Institute)minorOthersAll-inclusive trade association for railway suppliers representing over 250 companies on behalf of the largest and smallest suppliers to North American freight and passenger railroads.
• ABBcoreOEM/ Whitelabel/ Licensing PartnerABB is an OEM whose motors Magnetech is authorized to service and sell. Magnetech provides authorized warranty and aftermarket service for ABB motors as an authorized service provider.
• GE (General Electric)coreOEM/ Whitelabel/ Licensing PartnerGE is an OEM whose motors and generators Magnetech is authorized to service and sell. Services include repair, remanufacturing, and authorized warranty/aftermarket service for GE equipment including EMD traction motors, EMD/GE generators and alternators.
• TMEICcoreOEM/ Whitelabel/ Licensing PartnerTMEIC is an OEM whose motors Magnetech is authorized to service and sell. Magnetech provides authorized warranty and aftermarket service for TMEIC motors as an authorized service provider.
• Duct-O-WireTechnology or IntegrationOverhead crane equipment manufacturer whose products Magnetech sells and services as part of its crane systems and components service offering.

Scale indicators4 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Integrated Power Services (IPS): IPS is a direct competitor offering industrial electrical and mechanical services including motor, generator, transformer, switchgear, and lifting magnet repair across multiple US service centers. Closely aligned in service portfolio, target customer base, and acquisition-driven growth model.
• TMEIC: TMEIC is a global manufacturer of industrial motors and drives, and Magnetech is an authorized service provider for TMEIC in North America. Overlaps directly in large AC motor service for metals, mining, and heavy industry.
• Shermco Industries: Provider of electrical testing, maintenance, and repair services for industrial and utility customers, including switchgear, transformers, and motor apparatus. Closely comparable in field service model and customer verticals.

Broad incumbents

• ABB: Global OEM of industrial motors, generators, transformers, and switchgear. ABB competes both as an OEM source for new equipment and through its own service network, while also partnering with Magnetech as an authorized service provider.
• GE Vernova: OEM of large industrial motors, generators, and power systems equipment (successor to GE Industrial Solutions). Competes in the same markets and is also a Magnetech OEM partner for EMD traction motors and locomotive generators.
• WEG Electric: Brazilian-based global manufacturer of industrial electric motors, generators, transformers, and switchgear with growing US service presence. Overlaps with Magnetech's motor and generator service lines across industrial customers.
• Regal Rexnord: Manufacturer of industrial motors, power transmission, and motion control products with an aftermarket service network. Comparable customer base in industrial, steel, and heavy-manufacturing end markets.
• Siemens Energy: Global OEM of large generators, transformers, motors, and grid infrastructure. Competes as both a manufacturer and service provider for industrial and utility customers served by Magnetech.
• Nidec Industrial Solutions: Manufacturer and servicer of industrial electric motors, generators, and drives with global operations. Competes in large-motor service and is a peer across Magnetech's industrial customer segments.
• Emerson Electric: Diversified industrial manufacturer with motors, drives, and electrical components business serving similar industrial customers. Overlaps in industrial motor and automation service segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/magnetech_inc
• Facebookfacebook.com/magnetech-industrial-services-295242046230
• LinkedInlinkedin.com/company/magnetech-industrial-services-inc-

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magnetech Industrial Services, Inc.