- Business
- Payton Planar Magnetics Ltd. is an Israeli high-tech company that designs, manufactures and markets customized planar transformers and inductors under the Planetics brand, as well as conventional transformers, common mode chokes, off-the-shelf surface-mount technology planar transformers, power modules and switched-mode power supplies; it serves original equipment manufacturers and their suppliers in power electronics across industries including telecommunications, cellular infrastructure, automotive, welding machines, military/avionics, aerospace, defense, transportation, portable equipment and consumer goods. Founded in 1987 and headquartered in Ness Ziona, Israel, as a subsidiary of Payton Industries Ltd., the company employs around 175 people and maintains manufacturing and marketing operations in Israel, the United States, and the United Kingdom. In October 2025, Payton Planar Magnetics, through its wholly owned subsidiary Payton America Inc., completed the acquisition of 100% of SI Manufacturing Inc., a California-based custom electronics manufacturer specializing in electronic coils, power supply assembly and magnetic components for defense, aerospace, aviation and transportation sectors, for $5.6 million plus up to $0.5 million in potential earn-out based on 2025 EBITDA performance, alongside the $4.4 million purchase of the company's Anaheim industrial facility spanning 31,496 square feet; this transaction, financed via intra-group loans and equity, establishes the group's first West Coast U.S. presence and supports its strategy of organic growth combined with synergistic acquisitions.