Menomonee Falls-based Magnetek Inc. announced it received notification from the New York Stock Exchange that the company has regained compliance with the NYSE’s continued listing standards.
Magnetek’s reinstatement to listing compliance is due to the company’s compliance with the NYSE’s minimum market capitalization standard. In addition to the NYSE’s normal monitoring procedures, the Company will be subject to a 12-month follow-up period to ensure that it remains in compliance with the NYSE’s continued listing standards.
Magnetek is a manufacturer of digital power and motion control systems.
Magnetek regains compliance with NYSE listing standards
Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin.
What's New
BizPeople
Submit a BizPeople
Share new hires, promotions and employee accolades with the region's business leaders.