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Magnetek Company Profile - Aug 25, 2011

VIEWS: 8 PAGES: 12

Magnetek, Inc. (Magnetek) is a provider of digital power control systems that are used to control motion and power primarily in material handling, elevator, and energy delivery applications. Its products are sold directly or through manufacturers' representatives to original equipment manufacturers (OEM) for incorporation into their products, to system integrators and value-added resellers for assembly and incorporation into end user systems, to distributors for resale to OEMs and contractors, and to end-users for repair and replacement purposes. The Company operates in a single segment, Digital Power Control Systems. Magnetek's systems consist primarily of programmable motion control and power conditioning systems used in the applications, such as overhead cranes and hoists; elevators; coal mining equipment, and renewable energy sources. Its customers include the industrial crane and hoist companies in North America and the elevator builders.

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Magnetek, Inc.
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in U.S. Dollars

                                 Wright Quality Rating:DDNN                                  Key Data

   Magnetek, Inc. (Magnetek) is a provider of digital power control systems that are         Ticker:
   used to control motion and power primarily in material handling, elevator, and energy     MAG
   delivery applications. Its products are sold directly or through manufacturers'
   representatives to original equipment manufacturers (OEM) for incorporation into          2011 Sales:
   their products, to system integrators and value-added resellers for assembly and
                                                                                             109,832,000
   incorporation into end user systems, to distributors for resale to OEMs and
   contractors, and to end-users for repair and replacement purposes. The Company
   operates in a single segment, Digital Power Control Systems. Magnetek's systems           Major Industry:
   consist primarily of programmable motion control and power conditioning systems           Electronics
   used in the applications, such as overhead cranes and hoists; elevators; coal mining
   equipment, and renewable energy sources. Its customers include the industrial crane       Sub Industry:
   and hoist companies in North America and the elevator builders.                           Systems & Subsystems
                       Stock Chart                                    Officers
                                                                     Chairman                Country:
                                                                  Mitchell I. Quain          United States

                                                         President & Chief Executive         Currency:
                                                              Peter M. McCormick
                                                                                             U.S. Dollars

                                                              Vice President & Chief
                                                                                             Fiscal Year Ends:
                                                                Operating Officer
                                                                  Hungsun S. Hui             June


                                                              Vice President & Chief         Employees
                                                                 Financial Officer           108
                                                                Marty J. Schwenner
                                                                                             Exchanges:
                                                              Vice President, General        NYSE MSE PBW
                                                               Counsel & Secretary
                                                                  Scott S. Cramer            Share Type:
                         
								
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