Company Performance Metrics
David J. Wilson: President and Chief Executive Officer
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 mining applications. The Company’s products are sold directly or through manufacturers' representatives to original equipment manufacturers (OEMs) 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 is an independent supplier of digital drives, radio controls, software, and accessories for industrial cranes and hoists, and it is also the supplier of digital direct current (DC) motion control systems for elevators. The Company’s products consist primarily of programmable motion control and power conditioning systems used in the overhead cranes and hoists; elevators; and coal mining equipment.
