Magnetics Business & Technology - September/October 2020 - 12
FEATURE ARTICLE
IMI Develops Charitable Covid-19 Door Holder, Topping Off Decade of Growth and Record
Deliveries
In direct response to the Coronavirus pandemic, Industrial Magnetics, Inc. (IMI) has developed a new, hands-free door opener
that allows people to open latch-less doors without using their
fingers, arms, or clothing - and is dedicating profits from the
product to charity. This development follows the magnetic
products manufacturer's recent announcement that 2019 set
another record for the company's deliveries.
IMI processed a record 19,218 orders and manufactured over
1.5 million parts - with an on-time delivery rate of 98.2%, all
while producing and shipping more product from their USA
facility than ever before.
"We have continued to be bold on re-shoring as much assembly
and manufacturing work as possible from the Pacific Rim," said
Dennis O'Leary, IMI's chief business development officer. "We
were able to accomplish this in tandem with increasing our efficiency, throughput and profitability - three internal target areas
for success which allow us to continue investing in our future
growth."
12
Magnetics Business & Technology * September/October 2020
"When IMI was established
in 1961, it was founded
with a pretty simple goal in
mind; know the customer
and the application, manufacture the best solution
and deliver it as promised,"
said O'Leary. "A lot has
changed, but we still believe our success is rooted
in striving for this goal. Our
staff, channel partners and
customers are all responsible for the results we've
been fortunate to attain."
Over the past decade, the company has seen revenue double,
due in part to three successful acquisitions.
www.MagneticsMag.com
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Magnetics Business & Technology - September/October 2020
Table of Contents for the Digital Edition of Magnetics Business & Technology - September/October 2020
Magnetics Business & Technology - September/October 2020
Editor’s Choice/ Features
Paramagnetic Sensors from Hummingbird at the Heart of Respiratory Ventilators Battling Covid-19
Highly Permeable Ferrite Enables 3D Cube Antennas from Neosid for 6DoF Tracking
Embedding Magnetics Achieves Reliability & Consistency, Part 1 of 3
Tech Tips
Research & Development
US Air Force Investigates Using Quantum Materials in New Navigation Tool
Product News
Industry News
Events Calendar/ Advertising Index
Visions
Magnetics Business & Technology - September/October 2020 - Magnetics Business & Technology - September/October 2020
Magnetics Business & Technology - September/October 2020 - Cover2
Magnetics Business & Technology - September/October 2020 - 3
Magnetics Business & Technology - September/October 2020 - Editor’s Choice/ Features
Magnetics Business & Technology - September/October 2020 - 5
Magnetics Business & Technology - September/October 2020 - Paramagnetic Sensors from Hummingbird at the Heart of Respiratory Ventilators Battling Covid-19
Magnetics Business & Technology - September/October 2020 - 7
Magnetics Business & Technology - September/October 2020 - Highly Permeable Ferrite Enables 3D Cube Antennas from Neosid for 6DoF Tracking
Magnetics Business & Technology - September/October 2020 - 9
Magnetics Business & Technology - September/October 2020 - 10
Magnetics Business & Technology - September/October 2020 - 11
Magnetics Business & Technology - September/October 2020 - 12
Magnetics Business & Technology - September/October 2020 - 13
Magnetics Business & Technology - September/October 2020 - Tech Tips
Magnetics Business & Technology - September/October 2020 - 15
Magnetics Business & Technology - September/October 2020 - Research & Development
Magnetics Business & Technology - September/October 2020 - 17
Magnetics Business & Technology - September/October 2020 - US Air Force Investigates Using Quantum Materials in New Navigation Tool
Magnetics Business & Technology - September/October 2020 - 19
Magnetics Business & Technology - September/October 2020 - Product News
Magnetics Business & Technology - September/October 2020 - 21
Magnetics Business & Technology - September/October 2020 - 22
Magnetics Business & Technology - September/October 2020 - 23
Magnetics Business & Technology - September/October 2020 - Industry News
Magnetics Business & Technology - September/October 2020 - 25
Magnetics Business & Technology - September/October 2020 - 26
Magnetics Business & Technology - September/October 2020 - 27
Magnetics Business & Technology - September/October 2020 - Events Calendar/ Advertising Index
Magnetics Business & Technology - September/October 2020 - 29
Magnetics Business & Technology - September/October 2020 - Visions
Magnetics Business & Technology - September/October 2020 - Cover3
Magnetics Business & Technology - September/October 2020 - Cover4
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