Arnold Magnetic Technologies – 10th Acquisition
Total Square Footage: 73,000
Acquired: December 17, 2015
Tenant Name: Magnetic Technologies Corporation (MTC)
Guarantor: AMT Acquisition Corp.
MTC is a leading global manufacturer of high performance magnets, magnetic assemblies and precision thin metals. MTC serves a variety of markets from consumer, industrial, and medical to military, aerospace, and telecommunications. MTC’s magnets, metals and systems are used in high-efficiency motors and generators, sensors, batteries, and more. The 73,000 square foot masonry facility is located on a 4.40 acre site. The manufacturing, distribution and headquarters facility was built in 1970.