Pittsburgh, Pennsylvania – March 2024
Spang Engineered Solutions (SES), a business unit of Spang and Company, has acquired Magnetic Technology, Inc., located in McKinney, Texas. The acquisition further increases the reach of SES, expanding their presence in unique defense and aerospace applications. Magnetic Technology has a long history of unparalleled magnetic component design and manufacturing high quality, high reliability magnetic components.
In addition to broadening access to new customers and applications, the Magnetic Technology acquisition adds a second ISO/AS9100 manufacturing facility to the SES group. A second AS9100 facility improves SES’ ability to respond to increasing customer demands and better react to market trends.
About Spang and Company
Founded in 1894, Spang & Company is a diversified manufacturing company, with product lines ranging from passive components for high frequency electronics to custom engineered power control systems. Headquartered in Pittsburgh, Pennsylvania, Spang & Company divisions have manufacturing and support facilities located worldwide. www.spang.com
About Spang Engineered Solutions
Spang Engineered Solutions specializes in the design and manufacture of high power switching frequency inductors and transformers. SES utilizes unique design tools, custom testing equipment and a talented group of magnetic designers to provide optimized solutions for a wide variety of applications and industries. Manufacturing locations in the United States and a wholly-owned and operated facility in China allow for quick turnaround of prototype and initial production volumes, while also being able to provide production volumes at competitive prices. www.spangengineeredsolutions.com
About Magnetic Technology
Magnetic Technology has been designing and manufacturing custom magnetic products since 1989. Located in McKinney, Texas, Magnetic Technology is known for exceptional design and highquality manufacturing. Magnetic Technology specializes in small transformers and inductors serving the aerospace and defense industries.
For more information, contact:
Zack Cataldi, VP & GM of Spang Engineered Solutions, at +1.724.316.7959 or zcataldi@spang.com
