Ajax Tocco Magnethermic is an international company that designs and manufactures induction heating and melting equipment. Its products include furnaces, ovens, motor generators, pump stations, cooling and quench systems, capacitors and pacers. The company also manufactures a range of induction power supplies for heating and melting applications. It serves the pipe, tube, bar, slab, forging, forming, strip heating, melting and heat treating industries. In addition, the company provides laboratory process development, preventative maintenance and installation services. It maintains manufacturing facilities in Boaz, Ala. The company is a subsidiary of Park-Ohio Holdings Corporation and employs more than 600 people. Ajax Tocco Magnethermic is headquartered in Warren, Ohio and also provides equipment, parts and coil repair services.