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.

Horst M. Baermann marks the beginning of a long-lasting commercial success story by patenting the Concentric Circular Magnetization ("CCM") pads for therapeutic use and establishing BIOflex® and VITAflex® trademarks in the Americas.

Conversion of Baermann Magnetics, Inc. into a limited liability company named Baermann Magnetics International, LLC.

Horst M. Baermann transfers his entire privately held ownership to his eldest son, Eckhard Baermann.

Baermann Magnetics International, LLC is converted once more to become again a corporation named Baermann Magnetics Inc. Eckhard Baermann is the sole shareholder and also appointed as sole Director and CEO of the company.

William Gary High is appointed “Vice President of Operations”

The company enters a commercial lease agreement for a new office space located at 2375 E. Main Street, Suite 310, Spartanburg, SC U.S.A

Paul Holmes is appointed “General Manager”

Implementation of a Quality Management System – by accredited certification according to ISO 9001:2015

Baermann Magnetics Inc. relocates to new premises located at 119 Ian Ct., Spartanburg, SC U.S.A including Production and Warehousing

BMI became a 100% subsidiary of EBAERMANN INDUSTRIEBETEILGUNGEN AG

Gary Foster is appointed “Vice President of Sales.”

BMI restarts operations in Spartanburg, SC, including converting capabilities.