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Industrial Magnetics, Inc. (also referred to as “us” or “we”) has developed this Privacy Policy because we are committed to providing you with transparent information about how we process data and protect your privacy. This Privacy Policy covers the types of information we collect, how it will be used and how we disclose information with third parties

Our website contains hyperlinks to websites owned and operated by third parties. These websites have their own privacy notices, and Industrial Magnetics, Inc. encourages users to review them. We do not accept any responsibility or liability for the practices of such third party websites.

1. Personal Information

We treat data that is linked to, or could reasonably be linked, directly or indirectly, with a consumer or household as “Personal Information.” Data that has been de-identified or aggregated so that it cannot be reasonably be linked to you is not Personal Information, and we use de-identified data for any purpose.

We may collect, store and use the following kinds of personal information:

  • Internet or Similar Network Activity, such as information about your computer and about your visits to and use of this website (including your IP address, geographical location, browser type and version, operating system, referral source, length of visit, page views and website navigation paths).
  • Identifying Data, such as name, postal address, phone and email address.  We obtain most of this Personal Data when you: (a) interact with our website, including when you contact and communicate with us via forms contained on our website, (b) when you seek information about or purchase our products, such as by providing information for the purpose of subscribing to our email notifications or newsletters, or (c) contact or communicate with us, including our sales or support teams.  We also may receive this information from our service providers or marketing partners.
  • Commercial Data, such as information relating to your purchases, and purchasing or consuming histories, tendencies or interests. You provide this data to us or automatically through your interaction with our products or services. We also may receive this information from our service providers or marketing partners.

Data Retention

We store the information we collect about you for as long as is necessary for the business or commercial purpose(s) for which we collected it or for other legitimate business purposes, including to meet our legal, regulatory, or other compliance obligations.

2. Using and disclosing your personal information

We may use or share your Personal Information as follows:

  • Internet or Similar Network Activity: We may use this data to customize our website according to your interests and to help us improve our services.  See below for additional information about advertising and analytics services. We also may use this information to detect security incidents and protect against malicious, deceptive, fraudulent or illegal activity. We may share this information with service providers for fraud protection. We also may share this information with advertising networks and data analytics providers.
  • Identifying Data:  We may use your identifiers to: (a) provide and operate our website and services, (b) administer your account and process your payments for services, or (c) send marketing materials about products, special offers, or other information that we think you may find interesting. We may share this information with our service providers, advertising networks, and data analytics providers.
  • Commercial Data: We may use this information to customize our website according to your interests and to help us improve our services.  We may share this information with advertising networks and data analytics providers.

In addition, where consistent with applicable laws, we may use or disclose the above categories of Personal Information:

  • with your consent;
  • with subsidiaries or legal affiliates;
  • to prepare, negotiate or perform a contract with you;
  • to respond to subpoenas, court orders, or other legal process or requests as required or permitted by law from competent governmental or judicial authorities;
  • to conduct internal research to develop, improve or repair our website, products or services;
  • to investigate, prepare for, establish or defend legal claims;
  • to comply with applicable law;
  • in conjunction with a corporate restructuring, sale or assets, merger or divestiture; or
  • to prevent fraud or other illegal activities, including willful attacks on our information technology systems.

We take reasonable steps to ensure that service providers to whom we share your Personal Information are contractually obligated to keep the data that we provide to them confidential and to use such information only as we permit.

Use of Cookies and Interest-Based Advertising

Like many commercial websites, we analyze how visitors use our website with "cookie" technology. A cookie is a small text file that is placed on your computer when you access our website and allows us to recognize you each time you visit the site. We may use cookies, or similar technology such as pixels, to (1) enhance or personalize your usage and experience on the website; (2) monitor usage of the website; and (3) improve the website and our services, including by providing you with interest-based ads.  We may work with service providers or third parties that help us track, collect and analyze this information.  We may combine the information we collect through cookies with other information we have collected from you or information from other sources.  These advertising companies may collect information about your visits to ours and other websites.  These advertising companies serve ads on behalf of us and others on non-affiliated sites, and some of those ads may be personalized, meaning that they are intended to be relevant to you based on information collected about your visits to our website and elsewhere over time.

Most browsers are initially set to accept cookies. If you choose, you can set your browser to reject cookies or you can manually delete individual cookies or all of the cookies on your computer by following your browser’s help file directions.  Please refer to your browser instructions to learn more about how to adjust of modify your browser settings.  However, if your browser is set to reject cookies or you manually delete cookies, you may have some trouble accessing and using some of the pages and features on our Sites. Please note that browser-management tools for cookies are outside of our control, and we cannot guarantee their effectiveness.  For additional information on rights to opt-out of targeted advertising, please visit the “Your Rights and Choices” section below.

3. Security of your personal information

We will take reasonable technical and organizational precautions to prevent the loss, misuse or alteration of your Personal Information.

You acknowledge that the transmission of information over the internet is inherently insecure, and we cannot guarantee the security of data sent over the internet.

You are responsible for keeping the password you use for accessing our website confidential; we will not ask you for your password (except when you use the log in function on our website).

4. Your Rights and Choices

Marketing Communications

We provide you with certain choices regarding our use and disclosure of your Personal Information for promotional purposes.  If you do not wish to receive certain types of communication, just let us know. Any marketing communications you receive from us will always include a clear, simple method to "opt-out" of future communications, or you can contact us at the contact information provided below.  Please note that if you opt-out of receiving marketing-related message, we may still send you important administrative messages.

Rights of Consumers

We provide [California ] consumers with specific rights regarding their Personal Information as required.  This section describes those rights and explains how California consumers can exercise those rights.

Right to Know About Personal Information Collected, Used, or Disclosed

You have the right to request that we disclose certain information to you about our collection, use and disclosure of your Personal Information. Once we receive your request and verify your identity, we will disclose to you:  (a) the categories of Personal Information we collected about you; (b) the categories of sources for the Personal Information; (c) our business or commercial purpose for collecting or disclosing that Personal Information; (d) the categories of third parties with whom we shared that Personal Information; and (e) the specific pieces of Personal Information we collected about you in the preceding 12 months.

Right to Delete Personal Information Collected or Maintained

You have the right to request that we delete any of your Personal Information that we collected from you and retained, subject to certain exceptions. Once we receive and confirm your request and verify your identity, we will permanently delete (and direct our service providers to delete) your Personal Information from our records, unless a legal exception to deletion applies.

Right to Correction of Personal Information

You have the right to request that we correct inaccurate Personal Information that we maintain about you.

Right to Opt-Out of the Sale or Sharing of Your Personal Information

You have the right to opt out of the sale of your Personal Data, or the sharing of your Personal Information for targeted advertising.  As described above, we engage in personalized or targeted advertising through the use of third-party cookies or pixels.  In connection with such advertising, we may share or sell the following categories of Personal Information with marketing partners:  (a) device information and identifiers, such as unique advertising identifiers and cookies, and IP address; (b) usage information, such as browsing history; and (c) location information, such as city.   We have no actual knowledge of selling or sharing Personal Information of minors under 16 years of age to non-affiliated third parties without affirmative consent.

Additionally, if you enable a browser-based opt-out preference signal, such as Global Privacy Control , in certain jurisdictions, upon receipt or detection, we will make reasonable efforts to treat the signal as a valid request to opt out of the sale or sharing of Personal Information pursuant to applicable law.

Exercising Your Rights 

To exercise the rights described above, please submit a verifiable consumer request to us by emailing us at privacy@magnetics.com. 
Your exercise of these rights will have no adverse effect on the price and quality of our goods or services.

Authorizing an Agent

You may designate an authorized agent to submit your consumer request on your behalf, so long as the authorized agent has your written permission to do so and you have taken steps to verify your identity directly with us.

Verifying Your Request

We cannot respond to your request or provide you with Personal Information if we cannot verify your identity or authority to make the request and confirm the Personal Information relates to you.  To verify your identity, we ask that you provide us with the following information when you submit your request: (a) full name and (b) phone number or email.  We will use the above information to verify your identity.  Depending on your type of request or the information requested by you, we may require additional information to verify your identity and fulfill your request.

Rights of EU and UK Data Subjects 

The EU’s General Data Protection Regulation and the UK Data Protection Act and UK General Data Protection Regulation provide EU and UK data subjects with additional rights described below.  We generally act as a data controller of EU and UK data subject’s Personal Information submitted to us. We rely on that Personal Information for the legitimate commercial purposes of providing our services. Where we need to collect Personal Information by law or under the terms of a contract we have with you, and you fail to provide that Personal Information when requested, we may not be able to provide you with our services. We consider and balance any potential impact on you and your rights before we process your Personal Information. We do not use your Personal Information for activities where our interests are overridden by the impact on you unless we have your consent or are otherwise required or permitted to by law.  In certain circumstances, we act as a data processor, and, in those circumstances, we process your Personal Information for the purposes set out in this Policy consistent with the data processing terms of those partners.  If we are relying on your consent to process your Personal Information, you have the right to withdraw your consent at any time by contacting us at the information below.  We will only use your Personal Information for the purposes for which we collected it unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose.

If you are located in the EU or UK and would like to: (a) access your Personal Information; (b) transfer your Personal Information; (c) request the erasure of your Personal Information; (d) object to the processing of your Personal Information; or (e) change your privacy preferences, please contact us at privacy@magnetics.com. Please note that there are certain exceptions and restrictions of these rights under the European data privacy laws that enable Personal Information to be retained, process or withheld from access, and we will inform you of these exemptions and restrictions, if applicable.  If you are located in the EU or UK and have any complaints regarding our privacy practices as a data controller, you have the right to make a complaint at any time to your local Supervisory Authority.  However, we would appreciate the chance to address your concerns before you approach your Supervisory Authority, so please contact us first at the information below.

Cross-Border Data Transfers

We process Personal Information both inside and outside the United States.  When appropriate, we execute EU and UK Model Clauses, also known as Standard Contractual Clauses, to meet the adequacy and security requirements for our customers that operate in the EU and the UK, and make transfers of Personal Information from those jurisdictions to the United States and other countries that lack adequacy determinations.  Please contact us as detailed in the “Our details” section below for more information. In addition, we may transfer your Personal Information if one of the legal exceptions for such transfer can be invoked, such as with your consent or in execution of an agreement you have with us.  

Personal Data Concerning Children

Our website is not intended for anyone under the age of 16.  We do not knowingly collect Personal Information from individuals under the age of 16, unless the Personal Information is submitted with verifiable parental consent.

5. Updates to the Policy

We may update this Policy periodically as we offer new products and services, and as our business, technology, and laws change. You can determine when this Policy was last revised by referring to the “Last updated” reference below.  Any changes will become effective upon posting of the revised Policy. If we make material changes to the policy, we will provide notice to you of the changes as required by applicable law.

6. Our details

If you have questions, please contact us at industrial Magnetics, Inc. Our place of business is at at 1385 S M 75, Boyne City, MI 49712 USA. You can contact us by writing at the business address given, by using our website contact form, by email to privacy@magnetics.com or by telephone at 1-231-582-3100.

Last Updated:  July 18th, 2024

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