Magnetic Products & Services, Inc.

Computer Hardware ManufacturingMinnesota, United States11-50 Employees

Magnetic Products & Services, Inc. operates in the computer hardware manufacturing sector, focusing on storage media and related equipment. The company provides resale and disposal services for computer tape and IT hardware, offering new and certified used tapes at discounted prices, along with hardware and accessory offerings and a degauss and disposal program for obsolete media. Its customer base appears to include organizations seeking cost-effective storage solutions and surplus hardware, with a emphasis on compatibility with major brands and legacy tape formats, and a commitment to rapid labeling and initialization of products. Based in Brooklyn Park, Minnesota, the firm is positioned as a regional supplier with a range of services that encompass both procurement of new components and buyback or recycling of outdated components, supported by a 10-year guarantee on certified used tape and other guarantees on hardware. A recent development note is the company’s stated interest in acquiring a variety of new and used computer tape and IT hardware from customers, indicating ongoing activity in the secondary market for storage media and related equipment.

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