About Us

B. Thomas Shirk, CEO

Hoosier Magnetics is committed to becoming the market driven world leader in the development, production, and marketing of raw materials for the permanent magnet industry. The company will earn the trust of its customers through innovation, quality and service; and expects customer relationships to be of long-term nature. The company is committed to the continual improvement of the global marketplace for permanent magnets.

Hoosier Magnetics is the largest global ferrite producer outside of China. We offer an extensive product line, specialize in product development, and ship to 20 countries on 5 continents. We have warehouse facilities and sale agents in Taiwan, Japan and Europe; extensive expertise in global JIT shipments; and are located near a major global port. We are also:

  • REACH certified
  • ISO compliant
  • Committed to Lean Manufacturing


  • Founded in Washington, IN, in 1975 by Tom Shirk.
  • Acquired the Ogdensburg, NY, and Toledo, OH, facility in 1984.
  • Moved headquarters to Toledo, OH, in 1988.
  • Acquired a manufacturing facility in Castellamonte, Italy in 1994.
  • Provided technical information in exchange for license and royalty income to the largest steel manufacturer in South Africa in 1998.
  • In 2009, due to global market consolidation, all operations were relocated to Ogdensburg, NY, including our corporate office and R&D.

Presently, Hoosier Magnetics is the largest producer of ferrite powder in the world outside of China.

Learn about our Quality Control


Hoosier Magnetics has gone above and beyond to meet the short lead times due to sudden increased demand. We know the requirements are currently way beyond what Hoosier expected to take on, and you have adapted very well to the situation.

- DR
we recycle
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