|February 14th, 1979||Incorporation of Baermann Magnetics, Inc. (“BMI”) in Spartanburg in the State of South Carolina by Max Baermann and his son Horst M. Baermann, both named Directors.|
|February 21st, 1979||Start of production of extruded magnetic strips for all purposes other than refrigerator gaskets for the North American Market.|
|October 1st, 1983||Max Baermann transfers all of his shares to Horst M. Baermann, who becomes President of BMI. Principal office located at 12 Metro Drive, Spartanburg, S.C.|
|October 29th, 1985||USPTO Patent #4,549,532 (Inventor: Horst M. Baermann) marks the beginning of a long lasting commercial success story by establishing BIOflex® and VITAflex® trademarks in the Americas and introducing the Concentric Circular Magnetization (“CCM”) with flexible magnetic sheets/pads for therapeutic use.
The “CCM” magnetization is revolutionizing and pioneering the world of permanent magnets for therapeutic use!
Many more revolutionary inventions will be patented around this new line of BIOflex® and VITAflex® products that evolved from this groundbreaking discovery.
|March 1st, 1986||Distribution and Sales Agreement comes into place for BIOflex® related products. A worldwide success story paves its way with more agreements to follow signed with Distribution partners for the Americas.|
|May 6th, 2003||USPTO Patent #6,558,310 (Inventor: Horst M. Baermann et al.) introduces cutting edge magnetic technology. Still today, this patented spiral magnet technology provides for a world of unique products with the deepest penetration of a static magnetic field of a flexible magnet into any tissue or body exposed to such permanent magnet|
|June 17th, 2003||Major restructuring of sales and distribution organization takes place.|
|March 14th, 2011||Conversion of the corporation Baermann Magnetics, Inc. into a limited liability company named Baermann Magnetics International, LLC.|
|July 10th, 2015||Horst M. Baermann executes assignment of 100% of ownership interest in Baermann Magnetics International, LLC to Eckhard Baermann.|
July 23rd, 2015
|Baermann Magnetics International, LLC is converted once more to become again a corporation named Baermann Magnetics Inc.
Eckhard Baermann is sole shareholder and also appointed as sole Director and CEO of Baermann Magnetics Inc.
|August 1st, 2015||William Gary High is appointed Vice-President Operations.|
|November 1st, 2015||Baermann Magnetics Inc. enters a Distributor Agreement and License Agreement with RHEINMAGNET Horst Baermann GmbH (Germany) for the BIOflex® and VITAflex® product line. The company enters a Commercial Lease Agreement for new office space located at 2375 E. Main Street, Suite 310, Spartanburg, S.C. U.S.A.|