Magnetek, Inc. Launches New DriveMD™ Comprehensive Drive Repair and Recertification Program
MENOMONEE FALLS, Wis. - January 7, 2009 - Magnetek, Inc., (NYSE: MAG) a leading designer and manufacturer of power control and delivery systems for the overhead material handling industry, today announced the launch of its new drive repair and recertification program, DriveMD. The program is designed to streamline the drive repair process. With DriveMD, customers can quickly and easily determine the repair cost for most Electromotive Systems brand IMPULSE Drives manufactured since 1987, as well as on OmniPulse DDC™ Drives.
The program includes an easy to reference flat-rate repair fee schedule on many of the Company’s drives, providing customers with an instant repair quote. In the Company’s Recertification Program, DriveMD Technicians diagnose and repair the customer’s drive to factory specifications using factory original parts, as well as replace commonly worn parts.
“The DriveMD Repair and Recertification Program simplifies and expedites the entire repair process for our customers,” said Brad Taylor, Magnetek’s vice president of mining, service and supply chain. “Drives are an integral component of our customers’ material handling systems, so drive uptime is critical to maximizing productivity. Customers can also make this user-friendly drive recertification process part of their preventive maintenance programs, allowing them to substantially reduce downtime.” All drives are rigorously tested and returned to the customer with recertification documentation and will now carry a six-month warranty instead of a three-month warranty. The Repair Only program involves rapid diagnosis, quotation, and repair of only the defective components. The Company also offers express 48-hour repair service to meet customer’s urgent needs.
Magnetek manufactures digital power and motion control systems used in material handling, people moving and energy delivery. The Company is headquartered in Menomonee Falls, Wis., in the greater Milwaukee area and operates manufacturing facilities in Pittsburgh, Pa.; Canonsburg, Pa.; and Mississauga, Ontario, Canada, as well as Menomonee Falls. On August 13, 2008, the Company reported revenues of $100 million for its 2008 fiscal year, which ended June 29, 2008.
Director, Marketing Communications