Industrial Magnetics, Inc. - Making Things Better®

IMI’s PriceMatch Program to Continue Through 2011

For Immediate Release: Posted On 8/30/2011 By Industrial Magnetics, Inc.

Industrial Magnetics, Inc. has announced that their “PriceMatch™” program, which guarantees to match the lowest quoted competitive price on equivalent, designed & manufactured magnetic products and some pre- engineered, off-the-shelf magnetic products, will continue through 2011.

IMI’s General Manager, Dennis O’Leary, states: "While the global magnet industry has experienced dramatic increases in Neodymium raw material prices this year due to new Chinese export regulations, we are confident that we can still offer customers the best value for their dollar in the marketplace.

To initiate a PriceMatch™ request, an official, competitive quote must be presented to IMI for validation. Upon verification that it complies with the offer, Industrial Magnetics will apply the PriceMatch™ guarantee.

“We want our customers to be confident that we are doing everything we can in these difficult economic times to keep our costs down”, says O’Leary. “We are constantly examining all aspects of our business for ways to refine, and sometimes re-define, our procedures so that we can provide the best possible products & services at price that makes sense.“

For a detailed review of the PriceMatch™ program and its restrictions, you can view the company’s documentation on their website at www.magnetics.com/pricematch.asp or contact their Sales Department at 800.662.4638/231.582.3100.

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