“Pete brings an incredible mix of technical expertise and operational experience to this role,” says CEO Robert Bunting. “That is critical at Magnet Applications because of the complex designs that we get involved in with our customers. The highly technical magnets we create using our compression bonding and injection moulding capabilities demand knowledge and precision. Pete will bring that mindset to this role.”
Lipetzky holds a PhD in materials science and engineering/applied physics from Brown University, from which he also received masters degrees in mechanical engineering and applied mathematics. His BS degree from Montana State University is in chemical engineering, and he has an MBA from the Katz Business Program at the University of Pittsburgh.
Previously he served as a professor of mechanical and materials engineering at Pennsylvania State University, Rensselear Polytechnic Institute and the Technical University of Vienna. Prior to joining Magnet Applications, he was director of technology and interim GM for ATI Powder Metals located in Pittsburgh.
Magnet Applications manufactures bonded magnets and assemblies, and has a second plant in Berkhamsted in the UK. Bunting is a manufacturer of magnetic assemblies and equipment, including magnetic materials and components, magnetic separation systems, material handling equipment, magnetic printing cylinders, flexible dies, and metal detection equipment. Headquarters is in Newton, KS, USA.