Recycling, and metalworking, the role of industrial magnets and scrap metal magnets is indispensable. These powerful tools play a crucial role in various industries, from construction to automotive, by facilitating processes like material handling, separation, and recycling. Let's delve into the intricacies of industrial magnets and how they revolutionize the way we handle metals. What is an industrial magnet? An industrial magnet , also known as a permanent magnet, is a device that generates a magnetic field to attract ferromagnetic materials such as iron, nickel, cobalt, and certain alloys. These magnets are made from materials like neodymium, samarium-cobalt, and ferrite, and they come in various shapes and sizes depending on their intended applications. Who owns Industrial Magnetics? Industrial Magnetics, Inc. is a prominent player in the realm of industrial magnets. Founded in 1961, this Michigan-based company specializes in providing innovative magnetic solutions for...