Leaders in Rare Earth Magnet Solutions Announce Mid-2026 Target for DFARS 2027 Compliance Click here to view the official PR Newswire press release. Elk Grove Village, Ill. – June 12, 2025 – Dexter Magnetic Technologies (DMT), Electron Energy Corporation (EEC), and Magnetic Component Engineering (MCE) a unified group of leading companies for magnetic solutions, announce …
Dexter Magnetic Technologies (DMT) is proud to announce a major safety milestone: one full year injury-free with zero OSHA recordable incidents. This achievement is a testament to the diligence, awareness, and commitment of every team member at our Elk Grove Village facility. Operating in the manufacturing industry comes with its share of inherent complexities and …
A world-class family of magnetics companies has come together in the U.S. under the ownership of Magnetic Holdings LLC with the financial backing of New York investment firm Tinicum. Beginning with the acquisition of Dexter Magnetic Technologies in 2021, then of Magnetic Component Engineering in 2022 and most recently joined by Electron Energy Corporation (EEC) …
Lancaster, Pennsylvania (July 31, 2024) – Electron Energy Corporation (“EEC”) has joined Magnetic Holdings, LLC, the parent company of Dexter Magnetic Technologies (“Dexter”) and Magnetic Component Engineering (“MCE”). Magnetic Holdings is a portfolio company of Tinicum. The Walmer family, who founded EEC as the world’s first manufacturer of samarium cobalt magnets in 1970, retained …
FOR IMMEDIATE RELEASE Dexter Magnetic Technologies Receives Silver Tier Award from BAE Systems May 10, 2024 – (Elk Grove Village, Illinois) — BAE Systems, a global leader in defense, aerospace, and security solutions, established the “Partner to Win” program to recognize suppliers who have demonstrated operational excellence and played a pivotal role in enhancing …
Elk Grove Village, Illinois (March 21, 2022) – Dexter Magnetic Holdings, LLC, the parent company of Dexter Magnetic Technologies, Inc. (“Dexter”) has announced the acquisition of Torrance, California-based Magnetic Component Engineering, LLC (“MCE”) from its founder, Linda Montgomerie, and her sons. Dexter is owned by TSL Engineered Products, LLC, which is majority-owned by Tinicum L.P. …
Dexter CEO Joe Stupfel is joined by Elk Grove Village Illinois Mayor Craig Johnson, and other local dignitaries to cut the ribbon on a new state-of-the-art production facility. Dexter will now have the ability to increase investments in people, capability and capacity. This new facility will also position the company to make an even greater …
