Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Industrial Magnetics, Inc. Expands Boyne City, Michigan, Manufacturing Plant

06/17/2015
Industrial Magnetics, Inc. plans a 16,000 sq. ft. addition to their manufacturing center in Boyne City, Michigan. Founded in 1961, the company manufactures magnetic products for holding, lifting, fixturing, conveying, material handling, and magnetic separation applications.

"We're very pleased to announce the expansion of our facility", states IMI President, Dennis O'Leary. "We've taken great care to design a construction plan that ensures as little work flow interruption as possible. We're confident that we’ll maintain our current pace of business through the project and be well-positioned for continued growth."

According to company officials the addition was necessitated by space constraints in the current facility due to steady business growth, largely attributed to new product development and the growth of key channel partners. The new space will house a variety of work cells designed for efficient changeover to meet the wide array of products the company manufactures. Additionally, it will house a 40 ton capacity crane for large-scale projects and an integrated loading bay.

Construction of the addition is set to begin in June with a completion target date of December 1. Once completed, the company's total manufacturing space will encompass 34,000 sq. ft.

Exclusive Research