Ohio Magnetics
Ohio Magnetics is a U.S. manufacturer, founded in 1917 and based in Maple Heights, Ohio, that designs and builds industrial lifting magnets, Stearns-brand magnetic separation equipment, magnet controls, and remanufactured magnet components for steel mills, scrap yards, mining operations, and industrial maintenance customers.
- Company typePrivate
- Founded1917
- HeadquartersMaple Heights, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ohio Magnetics does
Ohio Magnetics, Inc. is a U.S. manufacturer of industrial magnetic lifting and separation equipment, founded in 1917 and operating today as a wholly-owned subsidiary of HBD Industries, Inc. from a 115,000 sq. ft. manufacturing facility at 5400 Dunham Road in Maple Heights, Ohio. The company designs and builds electromagnetic and permanent magnet systems, magnet controls and power supplies, and remanufactured magnet components, organized around four product pillars: lifting magnets, Stearns-brand magnetic separation equipment, magnet controls, and parts and service. Its branded product families include LOADSTAR and SUPER LOADSTAR heavy-duty scrap handling magnets, POW-R-LITE light-duty fabricated magnets, VERS-A-LIFT portable magnets, custom fabricated magnets for steel mill applications, and Stearns suspended magnets, magnetic drums, magnetic pulleys, and magnetic sweepers. Proprietary engineering differentiators cited include extra-deep-field coil designs, fabricated bi-polar magnet architecture, iso-geometric suspended electromagnet construction, and continuous radial-pole permanent magnet pulley geometry.
The company serves a horizontal spread of heavy industrial customers across steel mills and service centers, scrap yards and recycling operations, mining and mineral processing, industrial maintenance, and rail and construction end markets, with use cases spanning production scrap handling, rail car loading/unloading, tramp metal removal, ore concentration, slab and coil handling, slag reclamation, drop ball handling, and facility sweeping. Revenue is generated through one-time capital equipment sales of engineered magnets and controls, complemented by a recurring parts business and the REMAG remanufacture program (rebuilds at 15–25% of new magnet cost with warranty), plus on-site magnet inspection services for mills running a minimum of ten magnets. Pricing is quote-based and not publicly disclosed, with standard payment terms of net 30 days.
Go-to-market is a sales-led enterprise motion: product inquiry forms and a sales engineering team handle custom magnet design consultations, supported by comprehensive technical documentation, downloadable catalogs, and monthly email marketing. Distribution is direct from the Maple Heights plant both domestically and internationally, with a stocking program offering 5-business-day shipment of SUPER LOADSTAR scrap magnets in three standard sizes and one-business-day shipment of common replacement parts. The firm employs 51–100 people and operates as a private company with no public revenue, funding, or M&A disclosures.
Ohio Magnetics firmographics
Firmographics- Name
- Ohio Magnetics
- Legal name
- Ohio Magnetics, Inc.
- Website
- https://ohiomagnetics.com
- Company type
- Private
- Founded year
- 1917
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Ohio Magnetics is a U.S. manufacturer, founded in 1917 and based in Maple Heights, Ohio, that designs and builds industrial lifting magnets, Stearns-brand magnetic separation equipment, magnet controls, and remanufactured magnet components for steel mills, scrap yards, mining operations, and industrial maintenance customers.
- Ownership category
- akta.pro rank
Ohio Magnetics industry classification
Industry- Product category
- Industrial Magnetic Equipment
- NAICS
- Electrical Equipment Manufacturing (33531), Electrical Equipment Manufacturing (3353)
- SIC
- Electronic Coils, Transformers & Other Inductors (3677), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Transformers & Magnetics (Power/Signal) (HDAHANAD)
- akta.pro secondary industry
- Physical Separation (Gravity, Magnetic & Electrostatic) (IMAKALAC)
Keywords
Where Ohio Magnetics is headquartered
LocationHeadquarters
- HQ city
- Maple Heights
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Ohio Magnetics business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Magnetic Lifting Equipment Sales: Sale of industrial magnetic lifting systems including lifting magnets, scrap handling magnets, and steel handling magnets. Products are sold as one-time capital equipment purchases with custom engineering for specific applications.
- Magnetic Separation Equipment Sales: Sale of Stearns branded magnetic separation equipment including suspended magnets, magnetic drums, magnetic pulleys, and road sweepers for tramp metal removal in industrial processes.
- Magnet Controls and Power Systems: Sale of magnet controllers, DC power rectifiers, emergency power supplies, and auxiliary equipment for magnet operation and safety.
- Magnet Repair and Remanufacture Services: Rebuild program for lifting and separation magnets regardless of manufacturer, with inspection, remanufacturing, and warranty services. Rebuilds average 15-25% of new magnet cost.
- Technical Support and Inspection Services: On-site magnet inspection services for mills, service centers and mill service providers, including detailed magnet assessment reports and maintenance recommendations.
- Replacement Parts Sales: Sale of common wear components and spare parts for magnetic equipment, with typical shipment within one business day for stock items.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Standard magnetic equipment and controls |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Ohio Magnetics product offering
Product offeringCore offering
Ohio Magnetics designs and manufactures industrial electromagnetic and permanent magnetic equipment, including lifting magnets for scrap and steel handling, magnetic separation equipment under the Stearns brand (suspended magnets, magnetic drums, pulleys, and sweepers), and supporting magnet controls (controllers, DC power rectifiers, emergency power supplies). The company also provides parts, on-site magnet inspection services, and a remanufacture/rebuild program (REMAG) for lifting and separation magnets regardless of manufacturer. All products are made in the USA at the company's 115,000 sq. ft. Maple Heights, Ohio facility and sold domestically and globally.
Product overview
Ohio Magnetics is an industrial manufacturer offering a comprehensive portfolio of magnetic lifting and separation equipment. The product line consists of four main categories: (1) Lifting Magnets including the LOADSTAR™ and SUPER LOADSTAR™ Series, Fabricated & Cast Magnet Series (WF and SRF models), POW-R-LITE™ Magnets, Custom Fabricated Magnets, Fabricated Rectangular Magnets, Hot Work Magnets, Fabricated Bi-Polar Magnets, Rectangular Scrap Magnets, Coil Handling Magnets, and VERS-A-LIFTTM Magnets; (2) Magnetic Separation Equipment under the Stearns brand including Suspended Magnets (Permanent and Electromagnet versions), Magnetic Drums, Magnetic Pulleys (Permanent and Electromagnetic), and Magnetic Sweepers; (3) Magnet Controls comprising Magnet Controllers (Models CDS, MC-1A, MC-1.5A, MC-2A, RD-3A), DC Power Rectifiers, Emergency Power Supplies (Battery Back-ups), and Auxiliary Equipment; and (4) Parts & Service including Magnet Inspection Program, Remag Program, and Replacement Parts. All products are manufactured in the company's 115,000 sq. ft. facility in Maple Heights, Ohio and are made in the USA.
Differentiator
Problem solved
Functional benefit
Brands
- Stearns: Magnetic separation and detection equipment brand offering suspended magnets, magnetic drums, magnetic pulleys, and road sweepers.
- POW-R-LITE
- LOADSTAR
- SUPER LOADSTAR
- VERS-A-LIFT
- SRF Series
Products and services
- LOADSTAR & SUPER LOADSTAR Series Lifting Magnets
Quantifiable outcome
- Rebuilt magnets perform to original specifications or better at 15-25% of new magnet cost
- +3 more outcomes
Companies that use Ohio Magnetics
Customer profileSegments5 records
Ideal customer profiles5 records
Ohio Magnetics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Ohio Magnetics partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- HBD Industries, Inc.coreOhio Magnetics is a wholly-owned business subsidiary of HBD Industries, Inc. HBD is an industrial holding company. Ohio Magnetics operates as part of HBD's portfolio of manufacturing companies. The parent company's privacy policy governs all HBD websites including Ohio Magnetics.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Ohio Magnetics competitors and assessment
Company assessmentDirect peers
- Walker Magnetics: Direct competitor in industrial lifting magnets for scrap and steel handling. Overlapping product lines (electromagnetic scrap handling and mill duty magnets) and similar target customers (scrap yards, steel mills, service centers).
- Industrial Magnetics Inc. (IMI): Direct competitor manufacturing magnetic separation and material handling equipment (lifts, suspended magnets, conveyor components) for industrial and recycling applications. Closely comparable product breadth and customer profile.
- Eriez Manufacturing: Direct peer in magnetic separation (drums, suspended magnets, pulleys, overband magnets) and vibratory feeding, serving mining, recycling, food, and aggregate markets. Largest dedicated competitor in magnetic separation equipment.
- Bunting Magnetics Company: Direct competitor producing magnetic separation equipment, metal detectors, and magnetic material handling products for recycling, food, plastics, and mining. Overlaps directly with Ohio Magnetics' Stearns branded separation line.
- Dings Company (Dings Magnetic Group): Direct peer offering magnetic separation and material handling equipment including eddy current separators, overband magnets, and drum separators for recycling and aggregate applications.
- Magnetic Products, Inc. (MPI): Direct competitor in magnetic material handling and separation, including lifting magnets, magnetic sweepers, and conveyor components, serving automotive, steel, and recycling end markets.
- Eclipse Magnetics: Direct competitor (formerly Magnet Expert / Master Magnets) manufacturing industrial lifting magnets and magnetic separation equipment for recycling, mining, and processing industries, primarily in Europe.
- Magnetool, Inc. Long-established U.S. manufacturer of industrial lifting magnets, controls, and magnetic lifting systems serving similar steel, foundry, and scrap handling customers. Directly comparable in product breadth and customer profile.
- Kanetec USA: Direct competitor offering a comprehensive line of industrial lifting magnets, magnetic chucks, and magnetic separation equipment, with particular strength in heavy scrap and steel handling applications.
Others
- Winkleman Industries: Industrial equipment manufacturer serving steel mills and metal processors with complementary material handling and processing equipment. Adjacent peer serving overlapping industrial customers in steel processing environments.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Ohio Magnetics social profiles
Digital presenceOhio Magnetics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ohio Magnetics leadership team
Management profileNumber of profiles
Ohio Magnetics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ohio 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 Ohio Magnetics
What does Ohio Magnetics do?
Ohio Magnetics designs and manufactures industrial electromagnetic and permanent magnetic equipment, including lifting magnets for scrap and steel handling, magnetic separation equipment under the Stearns brand (suspended magnets, magnetic drums, pulleys, and sweepers), and supporting magnet controls (controllers, DC power rectifiers, emergency power supplies). The company also provides parts, on-site magnet inspection services, and a remanufacture/rebuild program (REMAG) for lifting and separation magnets regardless of manufacturer. All products are made in the USA at the company's 115,000 sq. ft. Maple Heights, Ohio facility and sold domestically and globally.
Is Ohio Magnetics a public or private company?
Ohio Magnetics is a private company. It is classified as corporate owned and is currently operating.
When was Ohio Magnetics founded?
Ohio Magnetics was founded in 1917. It employs 51 to 100 people.
Where is Ohio Magnetics based?
Ohio Magnetics is headquartered in Maple Heights, United States, in the North America region.
How does Ohio Magnetics make money?
Six revenue lines are on record. Magnetic Lifting Equipment Sales are the primary driver. The others are magnetic Separation Equipment Sales, magnet Controls and Power Systems, magnet Repair and Remanufacture Services, technical Support and Inspection Services and replacement Parts Sales.
Who are Ohio Magnetics's main competitors?
Direct peers on record are Walker Magnetics, Industrial Magnetics Inc. (IMI), Eriez Manufacturing, Bunting Magnetics Company, Dings Company (Dings Magnetic Group), Magnetic Products, Inc. (MPI), Eclipse Magnetics, Magnetool, Inc. and Kanetec USA. Winkleman Industries is listed as an others.
Does Ohio Magnetics have an API?
No public API is recorded for Ohio Magnetics.
What industry is Ohio Magnetics in?
Ohio Magnetics's product category is Industrial Magnetic Equipment. Its primary akta.pro industry code is HDAHANAD, Transformers & Magnetics (Power/Signal), with a secondary code of IMAKALAC, Physical Separation (Gravity, Magnetic & Electrostatic). Its NAICS code is 33531 and its SIC code is 3677.