Verified Nov 2026
Electronics & Software
·
Elk Grove Village, Illinois
·
Since 1951
Dexter Magnetic Technologies, founded in 1951 and headquartered in Elk Grove Village, Illinois, designs and fabricates magnetic products and assemblies, including permanent magnets, magnetic circuits, and electromagnetic systems. The company has an estimated 200-500 employees and an estimated $50-100M revenue, and is privately held. It serves automotive, electric-vehicle, electronics, medical, military-defense, and plumbing-hardware industries. In June 2025 it announced a mid-2026 target for DFARS 2027 compliance in rare earth magnet solutions.
Dexter Magnetic Technologies at a glance
Revenue
$50-100M
Est. band
Employees
200-500
Founded
1951
Headquarters
Elk Grove Village, Illinois
Certifications
AS9100 · ISO 13485 · ISO 9001
Import activity
161
Industries
Automotive
Electric Vehicles
Electronics
Medical
Military & Defense
Plumbing & Hardware
Sourcing and import activity
From US customs bill-of-lading records
US sea imports
161
Named foreign suppliers
16
Top origins
Germany · China · India · Hong Kong S.A.R.
Shared foreign counterparties do not establish that these companies buy from Dexter Magnetic Technologies.
What this tells a buyer
Dexter Magnetic Technologies reported a 2026 start to its European expansion, with job postings going live under the Permag name, and in January 2025 the company was reported as part of Tinicum's magnetic holdings portfolio after three acquisitions over four years.
The company holds AS9100, ISO 13485, and ISO 9001 certifications and offers machining, welding, tooling, coating, and assembly capabilities, with a facility listed in Lancaster, Pennsylvania.
Dexter is a privately held company, and its listed industries include medical and military-defense sectors, consistent with its AS9100 aerospace and defense certification.
Source: US customs bill-of-lading records and public filings · Last verified Nov 05, 2026
STABILITY SIGNALS
Established & active
75 years in operation (founded 1951).
Holds AS9100, ISO 13485, ISO 9001 certification(s) per public sources.
Overview
Dexter Magnetic Technologies, founded in 1951 and headquartered in Elk Grove Village, Illinois, designs and fabricates magnetic products and assemblies, including permanent magnets, magnetic circuits, and electromagnetic systems. The company has an estimated 200-500 employees and an estimated $50-100M revenue, and is privately held. It serves automotive, electric-vehicle, electronics, medical, military-defense, and plumbing-hardware industries. In June 2025 it announced a mid-2026 target for DFARS 2027 compliance in rare earth magnet solutions.
At a glance
Attribute | Detail |
|---|---|
Founded | 1951 |
Headquarters | Elk Grove Village, Illinois |
Employees | 200-500 |
Revenue | $50-100M (estimated) |
Primary capability | Electronics & Software |
Certifications | AS9100 · ISO 13485 · ISO 9001 |
What Dexter Magnetic Technologies makes
The company holds AS9100, ISO 13485, and ISO 9001 certifications and offers machining, welding, tooling, coating, and assembly capabilities, with a facility listed in Lancaster, Pennsylvania.
Products and capabilities described on the company's own site include Machining, Welding, Tooling, Coating, Assembly (source: dextermag.com).
Certifications
Dexter Magnetic Technologies is associated with the following certifications in public sources. Confirm the certified scope for the specific plant producing your part:
AS9100 — dextermag.com
ISO 13485 — dextermag.com
ISO 9001 — dextermag.com
Trade and customs footprint
Dexter Magnetic Technologies reported a 2026 start to its European expansion, with job postings going live under the Permag name, and in January 2025 the company was reported as part of Tinicum's magnetic holdings portfolio after three acquisitions over four years. US customs bill-of-lading records list 161 inbound shipments across 16 foreign suppliers, with top origins including Germany · China · India · Hong Kong S.A.R..
Latest developments
2026-02-18 — Now it’s getting real: with the first job postings going live, our European expansion at Permag / Dexter Magnetic Technologies officially kicks off. | Andreas Meissner (linkedin.com)
2025-06-12 — Leaders in Rare Earth Magnet Solutions Announce Mid-2026 Target for DFARS 2027 Compliance - Dexter Magnetic Technologies (dextermag.com)
2025-06-12 — Press Release Archives - Dexter Magnetic Technologies (dextermag.com)
2025-01-24 — Tinicum Grows Magnetic Holdings Portfolio with 3 Acquisitions in 4 Years - Dexter Magnetic Technologies (dextermag.com)
Facilities
Dexter Magnetic Technologies is headquartered in Elk Grove Village, Illinois. Public sources also reference these locations:
Lancaster, PA — permag.com
Company details
Dexter is a privately held company, and its listed industries include medical and military-defense sectors, consistent with its AS9100 aerospace and defense certification. Dexter Magnetic Technologies was founded in 1951, has an estimated 200-500 employees, and is headquartered in Elk Grove Village, Illinois. On the LightSource stability read it is rated "Established & active": 75 years in operation (founded 1951). Holds AS9100, ISO 13485, ISO 9001 certification(s) per public sources.
Frequently asked questions
What does Dexter Magnetic Technologies make?
Dexter Magnetic Technologies, founded in 1951 and headquartered in Elk Grove Village, Illinois, designs and fabricates magnetic products and assemblies, including permanent magnets, magnetic circuits, and electromagnetic systems. The company has an estimated 200-500 employees and an estimated $50-100M revenue, and is privately held. It serves automotive, electric-vehicle, electronics, medical, military-defense, and plumbing-hardware industries. In June 2025 it announced a mid-2026 target for DFARS 2027 compliance in rare earth magnet solutions.
Where is Dexter Magnetic Technologies headquartered?
Dexter Magnetic Technologies is headquartered in Elk Grove Village, Illinois (801 Innovative Dr, Elk Grove Village, Illinois, 60007).
When was Dexter Magnetic Technologies founded?
Dexter Magnetic Technologies was founded in 1951.
How big is Dexter Magnetic Technologies?
Dexter Magnetic Technologies has an estimated 200-500 employees, with revenue in the $50-100M range (estimated).
What certifications does Dexter Magnetic Technologies hold?
Dexter Magnetic Technologies lists AS9100 · ISO 13485 · ISO 9001 on its website. Confirm the certified scope for the specific plant producing your part.
Does Dexter Magnetic Technologies import from overseas suppliers?
US customs bill-of-lading records show 161 inbound shipments for Dexter Magnetic Technologies, with top origins including Germany · China · India · Hong Kong S.A.R..
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Last verified Nov 2026. Is this your company? Request a correction.
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