Industrial Magnetics Inc. (IMI) has announced an extension on its exclusive, “Trade-In/Upgrade” program for drawer-in-housing, bullet and EP tube magnetic separators. According to the company, this program is characterized by:
- Customers can trade-in an older ceramic or rare earth unit, receiving the price they paid for it off a new, state-of-the-art rare earth model with better capture and cleaning capabilities.
- Guidelines state that if the old magnetic separator to be traded in is an IMI unit, the company will allow the customer to keep it, while giving the price they paid for it as a discount off the new model.
- Otherwise, if the old separator is a non-IMI unit, the company will pay the freight for the customer to send it in, while giving the original price they paid for it as a discount off the new, stronger model.