Tigercat Industries Inc. based in Ontario, Canada has completed the purchase of Ragnar Original Innovations (ROI) located in New Hampshire, USA. The company, founded by Anders Ragnarsson, currently manufactures material processing machinery used in the construction, forestry and recycling industries.
On August 3rd, 2019, Bunting Magnetics Co. will be celebrating its 60th anniversary as a company. Bunting Magnetics Co. is an industry leader in the design, manufacture, and sales of cutting-edge magnetic equipment used in applications such as magnetic separation, metal detection, conveyor systems, and magnetic printing cylinders. The main industries the company serves include the food and pharmaceutical industries, plastics, recycling, mining, printing, manufacturing, automotive, chemical, ceramics, textiles, and more.
Founded in 1959 by Walter F. Bunting in Chicago, Illinois, the company has remained family-owned and family-operated ever since. Walter's son, Bob Bunting, serves as the current president of the company, and Bob's son, Robert Bunting Jr., serves as the general manager of the magnet materials division. Both father and son expressed great enthusiasm for the 60th anniversary of the company.
"I think it's very exciting that we've been able to achieve 60 years in business as a private, family owned company. It speaks very well to the dedication of our employees and the Bunting family as a whole," said President Bob Bunting.
"60 years is a huge milestone that a lot of companies never make it to," added his son, Robert. "We have a truly incredible employee base, and it's incredible to reflect on all of the hard work that's been done over the years—it really speaks to the legacy of the company."
Currently, Bunting Magnetics Co. is headquartered in Newton, Kansas with manufacturing and distribution facilities in Berkhamsted, England; DuBois, Pennsylvania; Elk Grove Village, Illinois; Newton, Kansas; and Redditch, England. This strong presence both at home and abroad has allowed the company to reach a wide range of customers and gain a reputation as a global magnetic force.
Bunting Magnetics Co. products address unique challenges across a variety of different industries. For example, in the metal recycling industry, the Stainless Steel Separation Conveyor has been designed to separate very slightly magnetized particles of stainless steel scrap, providing for higher purity separation of metals and increased profit. Within the food industry, Bunting has recently designed the CR-MLT, a corrosion-resistant magnetic liquid trap that separates contaminant metal particles from acidic liquids, such as tomato sauce and orange juice. For plastics companies, Bunting Magnetics Co. worked to develop the FF350 high-temp drawer magnet, which allows for metal separation in extremely high temperature plastics manufacturing. Bunting equipment allows customers to overcome conditions that would otherwise prevent them from achieving the highest level of quality in their operations.
When customers come to us seeking solutions, we aim to create a product that will solve their exact problem. Considerations when developing our equipment include the types of materials that will be handled, the operating conditions of the facility, and providing operators within the facility with equipment that is safe, simple to use, and low maintenance. All of the products we sell are custom-designed by our in-house engineering team. We work with customers to determine their exact needs and develop a product that will perfectly suit the challenges of the industry they are working in and the materials they are handling, as well as being designed to fit within the existing layout of the customer's facility.
The company eagerly awaits the industry challenges that the new decade will bring. Bunting Magnetics Co. is looking forward to expanding its reach globally in the field of magnetic innovation. Bunting Magnetics Co. thanks all of its employees who have supported the company throughout its 60 years of success, and anticipates many more years of continued success and growth in the future.
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