Magnetic Products, Inc. (MPI) began in 1981 as a design & manufacturing corporation to provide magnetic and non-magnetic equipment to the materials handling industry. MPI through its Board of Directors, Officers and Employees has adopted Core Principles & Practices to guide the corporation into the future. These Core Principals & Practices are defined in the corporations Mission Statement as follows:

• Develop products utilizing state of the art technologies to enhance and improve the performance standards of equipment offered to industries served.
  
• Establish internal quality standards that ensure customers receive products that meet or exceed their expectations.
  
• Remain proactive in markets served to promote product improvements and development that goes beyond established perceived thresholds by vigilantly listening to what customers say they want and need in the marketplace.
  
• Develop product educational materials that can easily inform customers about the performance, application capabilities and limitations of products offered.
  
• Make MPI an easy company to work with.
  
• Provide all employees with a safe and enjoyable place of employment through effective implementation of all local, state and federal government safety standards.
  
• Provide all employees through effective communication and leadership, a method to achieve specific personal and occupational career path goals.
  
• Develop partnerships with key suppliers to ensure all parties can participate in a mutually rewarding commercial financial relationship.
  
• Participate through leadership as a corporate citizen to enhance and improve the quality of life in the local community.