Magnetek, Inc. (NASDAQ: MAG), a leading provider of digital power and motion control systems, today announced that its chief executive officer, Peter McCormick, will present at the Sidoti & Company, LLC Semiannual Micro-Cap Conference being held at the Grand Hyatt Hotel in New York City. The presentation is scheduled to take place on Monday, Jan. 13, 2014, at 10:40 a.m. EST. Magnetek’s investor relations presentation slides are accessible via the Investor Relations section of the Company’s website at www.magnetek.com. Mr. McCormick, along with Magnetek’s chief financial officer, Marty Schwenner, will also participate in one-on-one meetings with investors during the conference. For additional information about the Sidoti Semiannual Micro-Cap Conference, visit www.sidoti.com/events.
About Magnetek, Inc.
Magnetek, Inc. provides digital power and motion control systems used in overhead material handling, elevator, and mining applications. The Company is North America’s largest supplier of digital drive systems for industrial cranes, hoists, and monorails. Magnetek provides Energy Engineered ® drives, radio remote controls, motors, and braking and collision avoidance subsystems to North America’s foremost overhead material handling crane builders. The Company is also the world’s largest independent builder of highly integrated digital motion control systems for high-rise, high-speed elevators and is a leading independent supplier of digital motion control systems for underground coal mining applications. Magnetek is headquartered in Menomonee Falls, Wis., in the greater Milwaukee area and operates manufacturing facilities in Pittsburgh, Pa., and Bridgeville, Pa., as well as Menomonee Falls. For more information, visit www.magnetek.com.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
statements also include those preceded or followed by the words
“anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,”
“may,” “should,” “plans,” “targets” and/or similar expressions.
forward-looking statements are based on the Company's expectations and
are subject to risks and uncertainties that cannot be predicted or
quantified and are beyond the Company's control.
and actual results could differ materially from those set forth in,
contemplated by, or underlying these forward-looking statements. These
include, but are not limited to, economic conditions in general,
business conditions in material handling, elevator, and mining markets,
operating conditions, competitive factors such as pricing and
technology, risks associated with acquisitions and divestitures, legal
proceedings and the risk that the Company’s ultimate costs of doing
business exceed present estimates.
Other factors that could cause
actual results to differ materially from expectations are described in
Item 1A. Risk Factors of the Company’s Annual Report on Form 10-K for
the most recently completed fiscal year and other reports filed with the
Securities and Exchange Commission pursuant to the Securities Exchange
Act of 1934, which factors are incorporated herein by reference.
forward-looking statement in this release speaks only as of the date on
which it is made.
Except to the extent required under the federal
securities laws, the Company does not intend to update or revise the
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