Magnatech's primary focus is the design and manufacture of equipment for orbital welding applications. (Orbital means that the pipe is in a fixed position and cannot be rotated – the tool must move around the fixed pipe.) Tube and pipe welding, especially in field applications, is possibly the single most demanding requirement of welders’ skills. As with many skilled craftsmen, there are a declining number of welders worldwide. Mechanized equipment provides a practical solution, both by increasing individual productivity, and by augmenting the abilities of lesser skilled welders. Over 80% of welding costs are labor and overhead. Therefore, the only means for a manufacturer, fabricator, or contractor to meaningfully reduce costs is to automate.