History
PML’s History
Since 1960, we've built our reputation on reliable magnetic solutions, evolving from Alnico magnets to comprehensive capabilities. Our 1983 partnership with Sumitomo Special Metals Co., Japan, was pivotal, enhancing our technology and quality. This evolution ensures we deliver dependable, tailored solutions that support your long-term success.
Over the years, we've expanded our capabilities and production, becoming a trusted partner across automotive, energy, aerospace, and other key sectors.
1960
Began our journey by producing Alnico magnets.
2000
Expanded globally with magnetic assemblies.
2005
Set up our Hiperm Division for soft magnetic parts.
2007
Formed our Shunt Division for copper manganin assemblies.
2016
Expanded into Zamak die casting.
2017
Established our CT Division for energy metering components.
2018
Added plastic molding to support integrated assemblies.
2022
Expanded our stamping facilities for higher capacity.
2023
Adopted VIM for superalloy production & introduced Nano Ribbon Casting for advanced magnetic materials.
2024
Started in-house manufacturing of wound cut cores.
2026
Production of NdFeB magnets via our subsidiary company Quantum Magnetics
PML Today
PML is evolving from a component manufacturer into a provider of advanced, integrated modules for global industries. Leveraging our expertise in shunts, soft magnetic compounds, and precision engineering, we deliver high-value, application-driven solutions. Through continued investments in rare earth magnets, alloy making, precision casting, ZAMAK die-casting, and advanced heat treatment, we remain focused on driving the next generation of industrial innovation.
News & Recognition
Our commitment to quality, reliability, and innovation consistently earns us recognition. Explore the latest news and accomplishments highlighting how we’re shaping the future.
2026-01-15 | Dana Incorporated
Best Quality Performance Award 2025
This recognition reflects the strong collaboration between PML and Dana, built on mutual trust, transparency, and a shared commitment to quality.
2025-01-22 | Syrma SGS Technology Limited
Best Supplier Award 25-26
PML is honoured to receive the Best Supplier Award from Syrma SGS Technology Limited at their Quality Month Celebration 2025–26.
