MPI | Magnetic Products Revenue and Competitors

Highland, MI USA

Location

N/A

Total Funding

Machinery

Industry

Estimated Revenue & Valuation

  • MPI | Magnetic Products's estimated annual revenue is currently $21.9M per year.(i)
  • MPI | Magnetic Products's estimated revenue per employee is $317,700

Employee Data

  • MPI | Magnetic Products has 69 Employees.(i)
  • MPI | Magnetic Products grew their employee count by 5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$10.2M366%N/AN/A
#2
$5.2M2131%N/AN/A
#3
$23.8M7512%N/AN/A
#4
$74.6M19210%N/AN/A
#5
$31.1M887%N/AN/A
#6
$17.5M554%N/AN/A
#7
$12.7M450%N/AN/A
#8
$6.2M259%N/AN/A
#9
$40.2M1147%N/AN/A
#10
$27.5M7810%N/AN/A
Add Company

What Is MPI | Magnetic Products?

Based in Metro-Detroit Michigan, MPI designs, manufactures and services magnets, material handling and electronic inspection systems. MPI products are designed to be complete metal and foreign contamination control, and material handling solutions. MPI’s equipment and service programs help its customers minimize downtime and protect brand integrity through offering safe and reliable equipment. MPI leads the industry by continuously engineering inventive products, advancing customer education through significant investments in research and development, and proactive product training. All MPI equipment is backed by its best in class service programs, customer service team, and support team. MPI interacts closely with its customers and expands its offerings to meet the changes of a dynamic and ever changing marketplace. Founded in 1981, MPI was formed to advance development of permanent magnet technology used in industry. along with the company's initial mission to engender research and development, the founders also focused on customer education, which would allow users to better select and maintain purchased equipment. These cornerstone principles still guide the company and its management team. As MPI has grown over three decades, the same focus on product development and improvement has remained, and has been expanded to include magnetic conveying, automation and material handling equipment systems, as well as metal detection. Visit www.mpimagnet.com or call 248.887.5600 to learn more about MPI's Magnetic Separators, Magnets, Conveyors, Eddy Current Separators, Metal Detectors, X-ray Inspection Systems, Material Handling Equipment and more.

keywords:N/A

N/A

Total Funding

69

Number of Employees

$21.9M

Revenue (est)

5%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$7.6M7079%N/A
#2
$14.9M838%N/A
#3
$20.2M87N/AN/A
#4
$17.8M10815%N/A
#5
$36.2M1127%N/A