Lifting magnets make life inside the shop easier. It makes moving heavy materials easier and safer. Shop technicians don't have to expend so much energy. The energy saved can be directed towards more important tasks. They can focus their energy on technical work. This improves productivity and quality of work. Back and knee injuries from carrying heavy stuff are avoided.
Lifting magnets come in two types. The first one is the permanent magnets. These magnets are quite simple. Their simplicity makes them durable and reliable. A permanent magnet tool does not depend on electricity. This helps keep operating cost down and doesn't require additional electric wirings inside the shop to operate. This makes permanent magnets generally more affordable.
The second type is the electromagnets. The primary advantage of electromagnets is convenience. You can turn the magnet on or off with the flip of a switch and from afar. The electromagnet has more components. More components mean more chances of something going wrong. Also, its dependence on electricity makes it risky. In the event of a power cut, the lifting magnet would stop working. Although the dropping the load can be prevented by securing the load with secondary lifting harnesses, the sudden loss of lifting power can still put personnel in trouble. At the very least, it is definitely not confidence inspiring.
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