MarketGeneral Magnaplate
Company Profile

General Magnaplate

Magnaplate is a company that offers surface enhancement coatings for metal parts and other substrates to increase hardness, reduce corrosion, increase chemical resistance and reduce surface friction.

Timeline
1952 — Magnaplate Metal Finishers is established in Hoboken, New Jersey. • 1967 — Tufram, Inc. opens in Linden, New Jersey to produce cookware, which is ranked Number 1 in the U.S. two years in a row by Consumer Reports. • 1968 — Canadize is invented, a coating that augments surface hardness for titanium and titanium alloys. • 1969 — The first man walks on the Moon, and thanks to General Magnaplate he was able to drill into the Moon's surface. A Canadize treatment on both the inside and outside of the titanium core sample drill tubes prevented samples being contaminated by titanium particles from the drill. • 1970 — Nedox was invented, a coating that significantly increases metals' corrosion resistance and wear life. • 1980 — General Magnaplate opens its Ventura, California facility. • 1982 — General Magnaplate's Texas facility upgrades to its new Arlington location, and Candida Covino joins the company. • 1985 — Ed Aversenti joins the company • 1986 — Candida Covino becomes president of General Magnaplate and Magnaplate SNS is invented. • 1989 — Plasmadize is invented, a coating which combines the advantages of thermal spraying with controlled infusion of dry polymers, dry lubricants or other materials to provide an entirely new composite with improved properties. • 1995 — Hi-T-Lube is recognized by the Guinness Book of Records as the solid with the lowest coefficient of friction in the world. • 2002 — General Magnaplate celebrates its 50th anniversary • 2002 — General Magnaplate obtains ISO 9001 certification • 2004 — General Magnaplate plays a critical role in the Mars rover landing by providing coatings for the landing mechanism. • 2007 — Founder Dr. Charles P. Covino dies. • 2020 - Ashley Russo appointed Chief Operating Officer • 2024 - Ashley Russo appointed Chief Executive Officer ==References==
tickerdossier.comtickerdossier.substack.com