Attention MDRS customers:
MDRS tooling uses powerful rare earth magnets. The elements (rare earths) used in making the alloy structures of rare earth magnets are also used in countless electronic devices such as plasma screen televisions and hybrid cars, making them part of a multi-billion dollar industry. A recent 500% - plus price increase in the rare earths market has caused a similar increase among magnet suppliers. We regret that we must now pass this price increase on to our customers. Thank you and please contact us with any questions.
Prices listed on the order form are correct. For further information on these topics, follow the links in the text above.