Thomas & Skinner

What Thomas & Skinner does

Thomas & Skinner is a privately held specialty industrial manufacturer headquartered in Indianapolis, founded in 1901. The firm produces cast and sintered alnico magnets, custom magnetic assemblies, and transformer laminations — three engineered product lines serving B2B industrial customers in applications such as electric motors, instrumentation, defense systems, and power equipment where stable magnetic fields, high-temperature tolerance, or precision electrical steel stacking are required. Operationally, the company runs a small, focused manufacturing footprint of 11 to 50 employees, consistent with a niche, specification-driven production model rather than high-volume consumer manufacturing.

Revenue mechanics are not disclosed in the available data but are consistent with a quote-and-spec OEM component model: customers define dimensional, magnetic, and material tolerances; Thomas & Skinner produces against those specifications on a project or release-order basis. End-customers are almost certainly industrial OEMs and Tier 1/Tier 2 suppliers in defense, aerospace, heavy electrical, and instrumentation segments, though no named customer relationships are confirmed in the inputs. The company is privately held with no parent company or investor ownership documented in the available material.

Outside of the firm's own short self-description, the aggregated third-party data sources failed to return substantive content — a verification/loading page rendered for the primary record. As a result, operating geographies, named customers, ownership structure, pricing, certifications, intellectual property, and recent strategic actions could not be confirmed. The profile that can be stated with confidence is limited to product scope, location, headcount band, founding year, and private/for-profit status.

Name

Thomas & Skinner

Website

https://thomas-skinner.com

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

11–50 employees

Short description

Thomas & Skinner is a privately held Indianapolis manufacturer founded in 1901 producing cast and sintered alnico magnets, magnetic assemblies, and transformer laminations for industrial B2B customers in motors, instrumentation, defense, and power applications.

Ownership category

akta.pro rank

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (33531), All Other Electrical Equipment and Component Manufacturing (33599)

SIC

Power, Distribution & Specialty Transformers (3612), Electronic Coils, Transformers & Other Inductors (3677), Electronic Components & Accessories (3670)

akta.pro primary industry

Transformers & Magnetics (Power/Signal) (HDAHANAD)

akta.pro secondary industry

Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)

Keywords

• Alnico magnets manufacturing
• Permanent magnet production
• Magnetic assemblies
• Transformer laminations
• Sintered magnets

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Core offering

Thomas & Skinner is a U.S. manufacturer that produces cast and sintered alnico permanent magnets, custom magnetic assemblies, and transformer laminations. Its products serve industrial, aerospace, defense, instrumentation, and electrical equipment OEMs that require alnico's temperature stability and magnetic characteristics, or precision electrical steel laminations for transformers and related devices.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Tempel Steel: One of the largest North American producers of transformer laminations and motor laminations from electrical steel. Most direct competitor in the transformer-lamination portion of Thomas & Skinner's portfolio.
• Master Magnetics: U.S. manufacturer and distributor of permanent magnets and magnetic assemblies for industrial, retail, and OEM customers. Comparable in product range, with significant distribution overlap to industrial accounts.
• Dexter Magnetic Technologies: Designs and manufactures precision magnetic assemblies and custom magnetic solutions for medical, aerospace, and industrial markets. Comparable as a specialty magnetic-assembly supplier serving demanding OEM customers.
• Adams Magnetic Products: U.S.-based manufacturer of alnico and other permanent magnets, magnetic assemblies, and laminated transformer cores. Closely comparable in product mix, customer base (industrial/OEM), and application focus to Thomas & Skinner.
• Bunting Magnetics: Manufacturer of magnetic separation equipment, magnets, and magnetic assemblies used in industrial, food, and recycling applications. Adjacent magnet-product overlap and shared industrial-customer base with Thomas & Skinner.
• Arnold Magnetic Technologies: Global manufacturer of advanced permanent magnets (including alnico, rare-earth, and ferrite), magnetic assemblies, and thin electrical steels. Operates in the same magnetics-component space with broader materials coverage but overlapping customer requirements.
• Magnet Applications: Manufacturer of alnico, ceramic (ferrite), and rare-earth magnets, plus magnetic assemblies and engineered magnetic assemblies. Direct competitor across alnico and custom assembly product lines.

Emerging players

• Sintex a.s. European manufacturer specializing in soft magnetic components, inductors, and laminated cores for transformers and motors. Comparable as a specialty laminations/magnetic-components manufacturer competing for industrial customers in adjacent geographies.

Broad incumbents

• Hitachi Metals (Proterial): Former Hitachi Metals produces a broad portfolio including alnico and rare-earth magnets, electrical steels, and transformer core materials. A broad incumbent whose magnetics and electrical-steel lines overlap directly with Thomas & Skinner's offerings.
• DMEGC (Dongguan Magnet Electron),: Major Chinese manufacturer of alnico, ferrite, and rare-earth magnets, as well as electrical steel and transformer cores. Significant overlap with both the alnico and lamination product lines, with broad geographic reach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Thomas & Skinner