Magna-Power Electronics

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Combining robust power processing topologies with state-of-the-art vertically integrated USA manufacturing, tens of thousands of companies—from startups to Fortune 500s—rely on Magna-Power’s high-quality programmable DC power supplies and electronic loads. Magna-Power designs and manufactures robust programmable power products in the USA that set industry standards for quality, size, and control. The company’s experience in power electronics is reflected in its 1.25 kW to 2000 kW+ product line, quality service, and reputation for excellence. Today, you will find Magna-Power’s standard products at its thousands of customers worldwide, aiding in the manufacture of electric vehicles, simulating solar arrays for development of inverters, steering magnets for particle accelerators, powering radar systems, driving traction controllers for locomotive development, or at a wide range of Universities for cutting-edge energy research.

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3.5

Overall Excellence Rating

Industry

Manufacturing

Category

Information Technology

ESG/Ethical Impact

As we continue to move forward in our efforts to protect and preserve the planet, we are targeting net-zero emissions status by 2050, with near-term Scope 1, 2 and 3 targets being met by 2030. The technologies, systems and concepts we are developing will continue to enable cleaner and safer mobility for everyone and everything. We are committed to transitioning to 100% renewable electricity use in our European operations by 2025 and globally by 2030, placing us among industry leaders. Some of our divisions have already exceeded those ambitious goals, because we get down to the shop-floor level when it comes to sustainability. While energy, water, and natural gas conservation are important to sustainability, they are just part of the equation for us. We think bigger. It’s about protecting our common home and making a better society overall. This is why so many Magna employees around the world plant thousands of trees, tend beehives, cultivate wildflowers, and ride bikes to work. We know we are all responsible for meeting our sustainability goals.

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Awards Received

2023

Revenues

$36,000,000.00

Website Traffic

Employee Rating

3.5

Customer Rating

5

Company Size

100-1000

ESG Risk Rating

4

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