Company Profile

Walker Magnetics Group Inc
Profile last edited on: 4/2/2021

Industrial magnet manufacture
Year Founded
1974
First SBIR Year
1986
Latest SBIR Award
1986
Program Status
Inactive (Acquired)

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Location Information

17 Rockdale Street
Worcester, MA 01606
   (508) 853-3232
   info@walkermagnet.com
   www.walkermagnet.com
Multiple Locations:   
Congressional District:   02
County:   Worcester

Public Profile

Already in business for almost 100 years before its first - and only - SBIR Award (and that in an NIH funded medical application), Walker Magentics Group was grounded in the relevant utilization of the electromagnetic chuck invented by Oakley S. Walker - with firm becoming a market-leading provider of custom and standard magnetic products for workholding, lifting, material handling, scrap magnets and separation applications. North America’s oldest industrial magnet manufacturer, over its 125-year history, a diverse range of industries recognized Walker Magnetics products’ reliability across a broad spectrum of unique and general manufacturing applications. In February 2121 it was announced that Industrial Magnetics, Inc. (IMI) would acquire substantially all the assets of Walker Magnetics Group, Inc. The acquisition of Walker Magnetics is designed to enable Industrial Magnetics to expand their permanent, electromagnetic and electro-permanent magnetic technology and systems for industrial applications and broadens the roster of lift magnets and establishes Industrial Magnetics as a leader in the workholding segment with a complete lineup of permanent, electromagnetic, and electro-permanent magnetic chucks.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
500+
Revenue Range
Over 50M
VC funded?
No
Public/Private
Privately Held
Stock Info
---
IP Holdings
15-19

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount Project Title
1986 1 NIH $49,920
Ultrasonic scanner for osteoporosis

Key People / Management

  Charles Alesi -- President

SBIR firms in the news

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