Management Trade Designed to Power Enlargement & Innovation
CASTLE ROCK, Co., Oct. 31, 2024 /PRNewswire/ — Grasp Magnetics Inc., a eminent US-based producer and distributor of magnets and magnetic gadgets, has introduced a unused CEO to adapt, develop and assemble its industry.
The newly appointed Barrett Carlson may be a Spouse in Factor89, the non-public fairness company that got Grasp Magnetics in April 2024. The Factor89 companions have an intensive historical past of a success investments within the production and distribution business, and Carlson has a powerful monitor document of rising companies the use of forms applied all over his paintings in consulting, company construction and treasure control.
“I am thrilled to take on this role. For years, Master Magnetics has been the go-to source for magnets for major retailers and OEM applications. We are building upon our talented team with a focus on innovation and collaborating with our customers to develop modern solutions to meet their evolving needs,” Carlson stated.
“Barrett’s appointment as CEO comes at this important time in the 48-year history of this business. After a thorough search process, it was clear that the very best candidate for the job was right in our midst. Barrett’s talent and commitment to culture and relationships, combined with the expertise of additional key leaders and members of the board Jim Hallene and Benjamin Kleiman constitute notable breadth and intensity in retail and distribution to assistance propel the corporate ahead,” stated Brandon Barnholt, Grasp Magnetics’ newly appointed Chairman of the Board.
About Grasp Magnetics Inc.
Grasp Magnetics Inc. has been a eminent innovator in sensible magnetic answers since 1976. The corporate’s enlargement has been fueled through a deep working out of retail and business buyer wishes and the advance of sturdy provide chains to bring the proper merchandise on the proper generation. These days, Grasp Magnetics and the Magnet Supply® logo arise for remarkable trait, product experience and customer support. For more info, seek advice from www.magnetsource.com.
Touch:
Trisha Lycas
[email protected]
SOURCE Grasp Magnetics
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