Awards July 24, 2024
Counselor Top 40 Suppliers 2024: No. 19 The Magnet Group
Counselor’s exclusive ranking of the suppliers with the most revenue in the promotional products industry.
The Magnet Group
(asi/68507)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 17
2023 Revenue: $102.7
2022 Revenue: $99.7
Year-Over-Year Difference: 3.0%
2021 Revenue: $95.1
Top Company Officer: Bill Korowitz, CEO
Year Founded: 1986
Headquarters: Washington, MO
Financials Certified By: Bill Korowitz
The Magnet Group’s name might bely its actual product catalog. The company – which was named to Counselor’s 2024 Best Places to Work list – says that the launch of its new drinkware and glassware designs, in addition to eco-friendly journals, contributed to a 3% increase in 2023 that enabled the supplier to cross the $100 million mark. True to its name, however, TMG is expanding its magnet business into 2024, all the while working to reach “decision-makers” in a hybrid-working world.