The purchase of the operating assets of a magnet and electric motor shop in South Bend, Indiana in 2000 led to the foundation of Magnetech Industrial Services, Inc., a wholly owned subsidiary of MISCOR Group.

In August 2001 with the purchase of Meade Industrial, locations and capabilities were added in Hammond, Indiana and Boardman, Ohio.

In February 2002, a location in Huntington, West Virginia.

In 2006 by the purchase of a motor shop in Saraland, Alabama.

With the acquisition of the privately held 3-D Service in 2007, a service center in Massillon, Ohio was added, and the Magnetech corporate headquarters were moved from South Bend, Indiana to Massillon, Ohio, to align the headquarters with the largest facility within the company.

Magnetech’s parent company was purchased by IES Holdings, Inc.(IES) in September 2013, becoming a wholly owned subsidiary of IES. Magnetech Industrial Services, Southern Rewinding, Calumet Armature Electric, Technibus and Freeman Enclosure Systems form the IES Infrastructure Solutions division under IES.