Company Profile

Walker Magnetics Group Inc
Profile last edited on: 4/2/21      CAGE:       UEI:

Business Identifier: Industrial magnet manufacture
Year Founded
First Award
Latest Award
Program Status
Inactive (Acquired)
Popularity Index
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Location Information

17 Rockdale Street
Worcester, MA 01606
   (508) 853-3232
Location: Multiple
Congr. 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 chuc

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
Revenue Range
Over 50M
VC funded?
Privately Held
Stock Info
IP Holdings

Awards Distribution by Agency

Most Recent SBIR Projects

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

Key People / Management

  Charles Alesi -- President

Company News

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