Menomonee Falls-based Magnetek Inc. announced that 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.
