Magnetics Business & Technology - July/August 2019 - 22

INDUSTRY NEWS

New Headquarters in Colorado for Master Magnetics

assemblies for lifting, holding, separation, clean-up and organizing.

Master Magnetics new headquarters in Castle Rock, Colorado

Now with over 20 million products in stock, Master Magnetics,
Inc. has enlarged and consolidated its headquarters facility in
Colorado. Steadily growing for more than 40 years, the company
has relocated nearby the site it has occupied since its founding in
1976 in Castle Rock.
The move consolidates 85,000 sq ft of space in seven different buildings into one 99,000 sq ft facility. "Customer service
has always been our primary concern and combining all of our
Colorado production, warehousing and shipping operations in
one location will allow us to maintain our high level of service as
we grow," said Jennifer Brown, chief operating officer. Its eastern
USA branch in Marietta, OH, with 20,000 sq. ft. of production,
warehousing and shipping, will still operate as usual as a center
for servicing the eastern section of North America, said Brown.

Another product area encompasses flexible magnetic sheeting,
strip and point-of-purchase magnets. This line includes wideformat, print-direct magnetic sheeting for vehicle signs, retail signage, and magnetic strip, sign holders and display components
in retail point-of-purchase displays.

The new headquarters includes 84,000 sq. ft. of production and
warehouse space, and 15,000 sq. ft. of office space. The move
into the new location at 1211 Atchison Court, Castle Rock, CO
80109 took place in mid-2018.
"In addition to consolidating our Colorado operations, we are
able to layout our warehouse and production areas for optimal
efficiency and product flow now," said Alex Onda, supply chain
manager. "With seven dock doors to simultaneously ship and
receive product, we can accommodate the increased volume we
expect as we execute our strategic sales growth plans."
The company's products are marketed under the Magnet Source
brand and have evolved into four major channels of business.
Its line of packaged magnets for resale includes a diverse array
of retail-ready magnets and magnetic devices for hardware,
home improvement, automotive, craft, hobby, office and school
supplies, and housewares categories. There are more than 250
Magnet Source-branded products in this business area all tailored for consumer outlets at local and national retailers throughout North America.

Its line of industrial magnetic devices Includes heavy duty neodymium lifting magnets used in manufacturing, magnetic sweepers, welding work holding magnets, separation magnets for food
manufacturing and agricultural uses, and many more magnetic

Magnetics Business & Technology * July/August 2019

Raw magnetic material makes up the fourth line of business
which comprises an extensive line of permanent magnets including rare earth magnets. Sold as raw materials, these magnets
are commonly used as components for products made by other
manufacturers.
For more info, see www.magnetsource.com.

www.MagneticsMag.com

http://www.magnetsource.com/ http://www.MagneticsMag.com

Magnetics Business & Technology - July/August 2019

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