Industrial Magnetics Acquires Javelin Manufacturing

Industrial Magnetics Inc., Boyne City, MI, announces the acquisition of Javelin Manufacturing, Fort Wayne, IN.

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

“The acquisition of Javelin marks IMI’s next step in expanding our separation offerings,” said Dennis O’Leary, Industrial Magnetics’ CBDO. “Javelin’s footprint, reputation, and well-established relationships provide a unique opportunity for us to grow the Javelin brand, as well IMI’s current ferrous separation offerings. We will certainly flank the Javelin brand with additional sorting technology via future acquisitions.”  

“This acquisition allows Javelin to take that next step to become more proactive in providing a larger and more diverse product offering to the scrap, E-scrap and post-consumer recycling markets,” said Javelin owner, Jim Merrick. “It is going to be a very exciting time for us."

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

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