Summary

Magnetic Products Inc

Founded in 1981

Description

MPI Magnetic Products, Inc. provides reliable industrial magnets and metal detection equipment for food, metal forming, and industrial applications. MPI leads the industry by continuously engineering inventive magnetic equipment and advancing customer ...

Strengths

  • Magnetic Products Inc has a strong market share in their industry
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Magnetic Products Inc was founded, the company has grown faster than the industry average
  • Web traffic rankings are better than the industry average

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Revenue growth is less than the industry average

Annual Revenue

Magnetic Products Inc's annual revenue

$15167000

Based on Kona Equity data

  • Revenue per employee

    $229803

  • Variance of revenue growth

    0.01

  • Annual revenue growth since founding

    $352721

  • Revenue growth rate from first known quarter to current

    -43.2%

Employee Count

66 employees

  • Employee growth rate from first known quarter to current

    -42.0%

Executives

Stephen Heath

Controller

s**@mpimagnet.com

Michael Hadjinian

President

m**@mpimagnet.com

Frank Reda

Sales Manager (Americas)

f**@mpimagnet.com

Ricky Brunell

Designer

r**@mpimagnet.com

Kyle Rhodes

Vice President, Sales & Marketing

k**@mpimagnet.com

Brent Taylor

Buyer

b**@mpimagnet.com

Kathy Yacoel

Director

k**@mpimagnet.com

Michael Rattray

Design Engineer

m**@mpimagnet.com

Robert Fischer

Inside Sales

r**@mpimagnet.com

Kirk Reichert

Inside Sales

k**@mpimagnet.com

Ryan Wilcox

Inside Sales

r**@mpimagnet.com

Drew Barber

Engineer Intern

d**@mpimagnet.com

Matthew Wiggins

Manager, Operations

m**@mpimagnet.com

Justin Carter

Purchaser

j**@mpimagnet.com

Michele Liotino

Marketing& Sales Assistant

m**@mpimagnet.com

Gordy Krajniak

Purchasing Assistant

g**@mpimagnet.com

Jeremy Miller

Design Engineer

j**@mpimagnet.com

Chuck Milligan

Service Technician

c**@mpimagnet.com

Russell Rich

Manager, Product Development Industrial Distribution

r**@mpimagnet.com

Bob Castaneda

Regional Sales Manager, Central Territory At Mpi (Magnetic Products Inc

b**@mpimagnet.com

Dlorah Koenig

Assistant To the Controller

d**@mpimagnet.com

G Score - 5

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.
  • G7 Website traffic rankings are better than the industry average

Web Analysis

  • Rank

    1.75 M

  • Page views per visitor

    1.0

  • Daily time

    1:37

  • Bounce Rate

    64.3 %

Location

683 Town Center Dr. 
Highland, MI  48357

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Key Information

  • SIC: 35; 359
  • NAICS: 33399; 333241
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Magnetic Products Inc.

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Frequently Asked Questions

Where is Magnetic Products Inc located?

Magnetic Products Inc's headquarters are located at 683 Town Center Dr.  Highland, MI  48357.


What is Magnetic Products Inc's official website?

Magnetic Products Inc's official website is mpimagnet.com


What is Magnetic Products Inc's revenue?

Magnetic Products Inc's annual revenue is $15.2 M.


What is Magnetic Products Inc's SIC code?

Magnetic Products Inc's SIC: 35; 359


What is Magnetic Products Inc's NAICS code?

Magnetic Products Inc's NAICS: 33399; 333241.


How many employees does Magnetic Products Inc's have?

Magnetic Products Inc has 66 employees


What industry does Magnetic Products Inc belong to?

Magnetic Products Inc is in the industry of Mining metals.

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