Dexter Magnetic Technologies
Medical Equipment ManufacturingIllinois, United States51-200 Employees
Dexter Magnetic Technologies is a medical equipment manufacturing company based at 801 Innovation Drive Suite A, Elk Grove Village, Illinois 60007, United States. The company designs, engineers, and manufactures magnetic solutions including complex magnetic circuits, permanent magnets, magnetic assemblies, electromagnetic systems, and finished products tailored to specific market needs. Dexter also distributes and customizes soft magnetic components and accessories, such as ferrite cores, powder cores, amorphous cores, bobbins, and thermistors. The organization employs approximately 51 to 200 people and reports revenue in the range of $25 million to $50 million. Key recent developments include the 2022 acquisition of Magnetic Component Engineering, Inc.; a 2021 expansion that included a headcount increase of about 200 and consolidation into a larger Elk Grove facility; and a 2024 Silver Tier Award from BAE Systems.