Business Briefs

Industrial Magnetics acquires Javelin Mfg.

Industrial Magnetics, Inc.(IMI) has acquired Javelin Manufacturing of Fort Wayne, Indiana.

Javelin Manufacturing specializes in eddy current separators and engineered systems found in the scrap, recycling, waste, mining and related industries.

Javelin’s experienced and dedicated staff will remain intact to serve and support the company’s rapid growth, and the Fort Wayne location will continue to operate as the primary engineering and design center for the brand. Capital investments to bolster the current testing platform, modernize assembly capabilities and create a toll processing cell are all slated for later this year.

Published in the October 2017 Edition of American Recycler News

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