Magnetic automation corp

Magnetic automation corp
Magnetic Automation Corp
Type Public (NYSE:[1]
Industry Parking Control and Physical Security
Founded 1990 (Magnetic AutoControl 1946)
Headquarters Rockledge, Florida, USA
Products Parking Gates, Parking and Revenue Collection Systems, Automated Payment Stations, Super High Speed Toll Road Barriers, Turnstiles, Automated Pedestrian Barriers, Fare Gates, Parking Control Software, Fee Computers, Ticketing Stations, LPI Systems, AVI Equipment, Automated Clearance Gates, E-gates
Revenue increase$15 million USD (2007)
Website http://www.gatesandbarriers.com

Founded in 1946, Magnetic AutoControl[2] became a well established and leading international provider for vehicle access control and pedestrian access control products for high profile locations around the world. Its US division, Magnetic Automation Corp,[3] located in Rockledge, FL was established in 1990. Primary products include parking gates, parking and revenue collection systems, turnstiles, automated pedestrian barriers, electronic gates for automated immigration processing and trusted traveler applications, automated payment stations for parking, super high speed toll road vehicle barriers and other related equipment.[4]

Current users of Magnetic Automation Corp equipment include toll road authorities, parking authorities, airports, sea ports, residential communities, mass transit authorities, prisons, military facilities and other similar locations requiring heavy usage and guaranteed performance.

Some of the more unique gate solutions are targeted for passenger terminals, mass transit, border crossings and other sites utilizing automated fare collection or biometric verification. Using highly advance technology referred to as MHTM (Magnetic High Torque Motor) which offers maintenance-free operation in excess of 10,000,000 cycles, these gates are quite unique. Probably the most internationally recognized (not as much in the USA) automated gate solution is called the E-gate. The E-gate (electronic gate) was first installed in Singapore back in 1996. Using biometric readers (fingerprint) and access control cards, nationals could proceed through immigration checkpoints at astonishing rates. Since 1996, similar gates have been installed for both automated immigration processing and trusted traveler solutions (similar to the Registered Traveler program in the USA) at locations such as UAE, Australia, China, Malaysia among others. The E-gate[5] is also commonly referred to as a "smart gate" or "auto gate", using such technologies as facial recognition readers, fingerprint readers, iris readers and other innovative products.

The Magnetic Automation Corp sales and manufacturing operation is based in Rockledge, FL while the remaining companies within the Magnetic AutoControl group operate out Germany, Australia, Brazil, China, France, India and Malaysia. By having operations worldwide, Magnetic is able to provide local market expertise and support either directly or via channel partners such as major system integrators and an authorized dealer network.

Furthermore, the Magnetic AutoControl Group is part of CRH Fencing & Security.[6] CRH Fencing & Security is a 100% subsidiary of CRH plc,[7] an international building materials group. CRH plc, headquartered in Ireland and active in more than 25 countries, has over 66,600 staff and a turnover of more than 14 billion Euros. CRH F&S Group, with its registered office in the Netherlands, is an international group of companies occupying a leading position in Europe in the field of outdoor security. The collaboration and synergies between the vast amounts of companies within the CRH Group allows Magnetic Automation Corp to focus on its strengths and expand effectively into new markets while maintaining a solid financial structure.

References

External links

Official website


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