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Industrial Magnetics to Continue PriceMatch Program Through 2011

August 31, 2011
Industrial Magnetics Inc. (IMI) has announced that its PriceMatch program, which guarantees a match of the lowest quoted competitive price on equivalent, designed and manufactured magnetic products and some pre-engineered, off-the-shelf magnetic products, will continue through 2011.

"While the global magnet industry has experienced dramatic increases in Neodymium raw material prices this year due to new Chinese export regulations, we are confident that we can still offer customers the best value for their dollar in the marketplace,” said Dennis O’Leary, IMI’s general manager. 

To initiate a PriceMatch request, an official, competitive quote must be presented to IMI for validation. Upon verification that it complies with the offer, IMI will apply the PriceMatch guarantee.
 
“We want our customers to be confident that we are doing everything we can in these difficult economic times to keep our costs down”, says O’Leary. “We are constantly examining all aspects of our business for ways to refine, and sometimes re-define, our procedures so that we can provide the best possible products and services at price that makes sense.”

For a detailed review of the PriceMatch program and its restrictions, visit www.magnetics.com/pricematch.asp or call 800-662-4638.