Magnelab Revenue and Competitors

Today, Magnelab designs and manufactures high quality custom magnetics components in a fully equipped state-of-the-art manufacturing facility. We serve many industries such as medical, computer, aerospace, energy monitoring, and fulfill orders from a handful of custom parts, to large orders with many thousands. Magnelab was founded in 1968 by Carl Forsberg in Boulder, Colorado. Under the original name of Magnetek, Carl began manufacturing simple antenna coils to complex military switching transformers from his home. In 1995, Solomon Corporation, manufacturer of transformers, enclosers and regulators for electrical utilities and industries, purchased Magnelab. In this year, Magnelab moved into a new 16,000 square foot facility in Longmont, Colorado, approximately 35 miles north of Denver. Magnelab is currently owned by Manutech, based in Miami, Florida. Manutech has been designing and manufacturing all types of magnetics components for more than 20 years and employs 350 people in their offshore facility.