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 Americaâs oldest industrial magnet manufacturer, over its 125-year history, a diverse range of industries recognized Walker Magnetics productsâ 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 chuc