For the last decade, Magnetek (NASDAQ:MAG) has had such a flag, but the flag is about to be burned. For almost a decade, Magnetek has been burdened by an underfunded pension, which has occupied all of the company's substantial cash flow.
BUSINESS WIRE)--Magnetek, Inc. (NASDAQ: MAG), a leading supplier of digital power and motion control systems, today announced the availability of wireless controls certified for use in potentially hazardous locations.
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Magnetek, Inc. (�Magnetek� or �the Company�) (NASDAQ: MAG) today announced that Yon Y. Jorden has decided not to stand for re-election to the Board of Directors at the 2013 Annual Meeting of ...
Magnetek Inc. disclosed Wednesday that about 70% of its former employees who were vested but not receiving pension benefits accepted the company's offer to convert their future monthly annuities to cash lump-sum benefits.