Permag

Elk Grove Village,  IL 
United States
http://www.permag.com

• Booth: 1745

Developing Next-Level Magnetic Solutions in Semiconductor!

Overview

Permag™, the combined strength of Dexter Magnetic Technologies, Electron Energy Corporation (EEC), and Magnetic Component Engineering (MCE), delivers precision magnetic assemblies and rare earth materials that power the next generation of semiconductor manufacturing. From lithography and ion implantation to wafer handling, PVD, and high-speed automation, our magnets are engineered for the reliability, stability, and accuracy these processes demand.

As the only North American producer of Samarium Cobalt (SmCo) magnets and a trusted supplier of DFARS-compliant Neodymium Iron Boron (NdFeB), Permag provides secure, traceable, regulation-aligned solutions. Backed by ISO 9001, AS9100D, and ISO 13485 certifications, we ensure quality from rapid prototyping to scaled production, helping semiconductor leaders reduce risk, accelerate innovation, and maintain supply chain confidence.

  Press Releases

• Three Industry Leaders in Rare Earth Magnets Join Forces Under New Name - Permag (Sep 02, 2025)

  ELK GROVE VILLAGE, Ill., June 26, 2025 /PRNewswire/ -- The parent company of Dexter Magnetic Technologies (DMT), Magnetic Component Engineering (MCE), and Electron Energy Corporation (EEC)—Magnetic Holdings, LLC—has been rebranded as Permag. The new name marks the next step in the company's evolution as the industry leader in high-performance magnetic solutions, leveraging the unique strengths and attributes of three independent companies. DMT, EEC, and MCE will continue to operate under their current names, providing new levels of synergy to deliver better value to customers and the overall market. 

  Through the enhanced collaboration, the organization is singularly positioned to lead the world in the procurement, design, and manufacture of rare earth magnets. The unique abilities of the three companies provide unrivaled expertise, as well as integrated engineering and manufacturing benefits, to customers in the aerospace, defense, medical, and semiconductor industries, among others:

  • Dexter Magnetic Technologies (DMT) – R&D, high-precision engineering and complex assemblies.
  • Electron Energy Corporation (EEC) – The only North American-based producer of samarium-cobalt (SmCo) with impeccable material science expertise.
  • Magnetic Component Engineering (MCE) – cutting-edge machining and manufacturing.

  "Seamless collaboration among all three industry-leading companies under Permag continues our strategic vision for assembling an organization with unparalleled capabilities to provide magnetic products and services from raw material input through completed complex assemblies," said Joe Stupfel, president and CEO of Permag. "The Permag name establishes our company as the unquestioned leader in rare-earth, magnetic technologies."

  Permag, the original name of Dexter Magnetic Technologies at its founding in the 1950s, builds upon the company's rich legacy of innovation in industrial magnets. For a combined 177 years, DMT, EEC, and MCE have been at the forefront of magnetic innovation, delivering precision-engineered solutions to critical vertical markets. The rebrand to Permag represents a natural progression, aligning the company's expertise, capabilities, and resources to better serve customers through new innovations, streamlined operations, and enhanced customer support worldwide.

  While the name has changed, Permag remains dedicated to:

  • World-class engineering expertise – decades of experience designing custom magnetic solutions.
  • High-quality magnetic materials and assemblies – from rare earth magnet components to complex magnetic assemblies, the company's products power the most advanced technologies critical to the operations of companies in multiple markets around the globe.
  • Unparalleled R&D and innovation – an unmatched ability to team up with customers to create product-specific solutions, as well as independently develop innovations that advance the entire industrial-magnet sector.
  • Trusted legacy of excellence – continuing the commitment to quality, reliability, and performance that defines Dexter Magnetic Technologies, Electron Energy Corporation, and MCE Products.

  About Permag
  Permag is a global leader in high-performance magnetic solutions, providing cutting-edge materials, precision-engineered components, and the manufacture of advanced magnets and magnetic assemblies to industries where performance matters most. With a rich legacy built by DMT, EEC, and MCE, Permag is committed to driving innovation, delivering superior quality, and solving customers' toughest challenges.

  For more information, visit www.permag.com or contact:

  Gustavo Olano
  Senior Director of Marketing
  Permag
  (978) 201-6910
  [email protected]

• Leaders in Rare Earth Magnet Solutions Announce Mid-2026 Target for DFARS 2027 Compliance (Sep 02, 2025)

  ELK GROVE VILLAGE, Ill., June 12, 2025 /PRNewswire/ -- Dexter Magnetic Technologies (DMT), Electron Energy Corporation (EEC), and Magnetic Component Engineering (MCE) a unified group of leading companies for magnetic solutions, announce a joint effort to achieve DFARS 252.225-7052 compliance for Neodymium-Iron-Boron (NdFeB) and Samarium-Cobalt (SmCo) magnets by mid-2026. DMT, EEC, and MCE are actively working with compliant global suppliers to source rare earth materials. The three companies have identified and are in negotiations to work with suppliers outside of China to provide these essential materials. 

  

  As leading companies of permanent magnet solutions for a combined 177 years, the three companies serve vertical markets including the defense, aerospace, semiconductor, and medical industries. The companies are taking proactive steps to ensure that its portfolio of NdFeB and SmCo magnets meet DFARS sourcing requirements in advance of the January 1, 2027 deadline.

  The companies are also pursuing strategies to increase output of finished industrial magnets to customers. As the only domestic producer of Samarium-Cobalt magnets in North America, the organizations recognize their critical role in meeting the ongoing demands of essential industries for solutions of impeccable quality and flawless performance.

  "Ensuring compliance isn't just a legal obligation, it's an iron-clad commitment to national security and the integrity of our defense partnerships," said Joe Stupfel, CEO of the three organizations. "Our joint team is collectively working to be in complete alignment with the latest DFARS requirements, well before the deadline," he said.

  About the Companies
  Dexter Magnetic Technologies, Magnetic Component Engineering, and Electron Energy Corporation are global leaders in high-performance magnetic solutions, including providing of cutting-edge materials, precision-engineered components, and the manufacture of advanced magnetic assemblies to industries where performance matters most. The companies are committed to driving innovation, delivering superior quality, and solving their customers' toughest challenges.

  For more information, contact:

  Gustavo Olano
  Senior Director of Marketing
  Dexter Magnetic Technologies
  (978) 201-6910
  [email protected] 

• Permag™, a Leader in Rare Earth Magnets, Invests to Expand Domestic Samarium Cobalt Magnet Manufacturing (Sep 02, 2025)

  LANCASTER, Pa., Aug. 22, 2025 /PRNewswire/ -- Permag™, the only US-based producer of samarium cobalt (SmCo) magnets, announced an aggressive expansion of its magnetic manufacturing capacity to ensure a continued secure, robust, and resilient domestic supply chain of critical magnetics.

  

  The multi-million-dollar capital plan at Permag's Electron Energy Corporation ("EEC") manufacturing facility, located in Lancaster, PA, began several months ago and more than doubles its production capacity. The expansion includes state-of-the-art alloying, pressing, and fabrication equipment in order to support the growing demands of its customers directly and through the other Permag companies—Dexter Magnetic Technologies (Dexter) and Magnetic Component Engineering (MCE).

  Following this initial expansion, EEC intends to further invest in additional SmCo production capacity to help meet growing demand.

  "Critical industries around the world rely on a stable and secure supply of SmCo magnets, and we are in a unique position to meet the growing demand for this essential material and the magnet solutions produced from it," said Joe Stupfel, CEO of Permag. "Our goal is to significantly increase the domestic production of SmCo magnets, supporting the priorities of the US, strengthening domestic supply chains, and meeting growing commercial demands. Permag is the only vertically integrated supplier of SmCo magnets and magnetic assemblies, and these investments further our ability to offer compelling solutions to our customers."

  Permag's companies Dexter, EEC, and MCE have been leading suppliers, engineers, and manufacturers of high-end magnetic solutions for more than 70 years, serving aerospace/defense, semiconductor, medical, and industrial customers globally. Permag recently announced its plans to achieve DFARS 252.225-7052 compliance for neodymium-iron-boron (NdFeB) and SmCo magnets by mid-2026, well in advance of the January 1, 2027, deadline.

  About Permag
  Permag is a global leader in high-performance magnetic solutions, providing cutting-edge materials, precision-engineered components, and the manufacture of advanced magnets and magnetic assemblies to industries where performance matters most. With a rich legacy built by Dexter, MCE, and EEC, the Permag group of companies is committed to driving innovation, delivering superior quality, and solving customers' toughest challenges.

  For more information, contact:

  Gustavo Olano
  Permag
  Senior Director of Marketing
  (978) 201-6910
  [email protected]