Rea Magnet Wire

Highly Engaged Employees

Rea Magnet Wire, founded in 1933, is a distinguished manufacturer specializing in magnet wire and nonferrous wire products. Operating within the Wire & Cable and Manufacturing industries, the company produces essential components such as copper, aluminum, and brass wire, including specialty and bare wire variants. These products are critical for applications in motors, electronics, and various industrial uses. The company's operational base is situated in Fort Wayne, Indiana, serving as a hub for its extensive manufacturing activities.

The company's operational scale is underscored by its workforce, which ranges from 500-1,000 employees, and its presence across 6 distinct locations. This robust infrastructure enables Rea Magnet Wire to meet diverse market demands for its full-line of wire products. The team's expertise is a key asset in developing and delivering high-quality magnet wire and complementary components. Meet Rea Magnet Wire's team to gain insight into the professionals who drive its manufacturing excellence and innovation.

Financially, Rea Magnet Wire reports significant revenue, totaling $100.0M, and has demonstrated access to capital, including $5.0M in Debt funding received in April 2020 via the PPP program. This financial stability supports its competitive positioning against industry leaders such as International Wire, Encore Wire, and Phifer. The company's strategic financial management and operational efficiency are crucial for sustained growth in the competitive wire manufacturing landscape. Explore financial highlights for detailed performance metrics and investment insights.