SEATTLE — MagnaDrive Corp. of Seattle has been named one of five IndustryWeek’s Technologies of the Year for the company’s magnetic adjustable-speed drive system.
The technology for the system — which uses magnetic fields to transfer torque from a drive shaft to a load shaft even though they do not touch — was developed by Port Angeles-based MagnaForce, Inc.
“I’m excited for MagnaDrive,” MagnaForce owner Jerry Lamb said Tuesday. “We’re just really proud of them.”
MagnaDrive is licensed by MagnaForce to market, build and sell the magnetic drive.