Magnatech
Industrial Machinery & Equipment · Connecticut, United States · 51-200 Employees
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Overview
Headquarters
6 Kripes Rd, East Granby, Connecticut, 0...Phone Number
(860) 653-2573Website
www.magnatechllc.comRevenue
$15.3 MillionIndustry
ZI Rank: 1
Signal Type
Dec
Jan
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ZI Rank
2
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1
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About Magnatech
Magnatech, LLC is a manufacturer of specialized equipment for orbital pipe, tube, tube-sheet, and pipeline welding systems, utilizing various welding processes. The company serves multiple industries, including aerospace, food and beverage, pharmaceuticals, nuclear power, petrochemical, and shipbuilding. Founded in 2019, Magnatech has rapidly expanded its portfolio through strategic acquisitions, enhancing its global reach. With a commitment to innovation and quality, they provide solutions tailored to meet diverse client needs across critical industries.Explore more
Magnatech Org Chart
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Number of Employees
Type
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Company Profile Activity
Activity Insights
Magnatech is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Magnatech is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Magnatech.
Magnatech financials insights
Gather financial insights about Magnatech, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Debt
$350K
2021
Debt
$308K
Magnatech Tech Stack
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Most Recent Scoops
New Hire
Executive Move
Magnatech has announced that Vinay Varma has joined the organization as Chief Executive Officer.
Funding
Magnatech has received an SBA PPP loan in the amount of $308,088 from People's United Bank resulting in the retention of 28 jobs.
Funding
Magnatech has received an SBA PPP loan for $350,000-1 million from People's United Bank.
Funding
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Frequently Asked Questions Regarding Magnatech
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Magnatech, LLC is a manufacturer of specialized equipment for orbital pipe, tube, tube-sheet, and pipeline welding systems, utilizing various welding processes. The company serves multiple industries, including aerospace, food and beverage, pharmaceuticals, nuclear power, petrochemical, and shipbuilding. Founded in 2019, Magnatech has rapidly expan... Read More
