Magnetic platens are an affordable option for injection molding presses that are greater than 50 tons and in which the mold base temperature is below 250 degrees. The fact that the molds do not have to be modified in order to use them, makes magnets a very competitive option for retooling the production floor. Magnets require less maintenance and provide greater accuracy in the production process. There are no moving parts to maintain or to wear out, and the clamping force is evenly distributed over the entire mold base, making them preferable to traditional clamping systems. They are extremely energy efficient: Power is only required for switching the molds which takes 3 seconds or less