8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported):  April 16, 2008

MAGNETEK, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware	1-10233	95-3917584
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
N49 W13650 Campbell Drive Menomonee Falls, WI		53051
(Address of Principal Executive Offices)		(Zip Code)

(262) 783-3500

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.05 – Costs Associated with Exit or Disposal Activities.

On April 16, 2008, the Board of Directors of Magnetek, Inc. (the “Company”) authorized the Company to pursue the divestiture of its Telecom Power Systems (“TPS”) business.  The Board of Directors elected to proceed with the divestiture after concluding that the Company’s best growth prospects lay in its core power control and systems businesses and that the Company could better achieve this growth by redirecting resources currently deployed in the TPS business.

The TPS business represented $16.0 million of the Company’s total sales of $103.8 million for fiscal 2007.  The net book value of the TPS business, comprised mainly of inventory, was approximately $3.2 million as of March 30, 2008.

Magnetek plans to effectuate the divestiture through a sale of the TPS business and related assets to a third party acquirer.  However, the Company cannot be certain that such a sale transaction will be effectuated on terms acceptable to the Company.  As such, the Company may be required to liquidate the TPS business without a sale.  The divestiture or liquidation is expected to be completed by the end of the first quarter of the Company’s 2009 fiscal year.  Beginning with the fourth quarter of the Company’s 2008 fiscal year, the Company will account for the TPS business as a discontinued operation.

The Company is currently in the process of estimating the costs and charges that may be incurred in connection with the divestiture or liquidation of the TPS business and will update its disclosure once such estimate is determined.

Item 9.01 - Financial Statements and Exhibits

(d)   Exhibits.

Exhibit Number	Description
99.1	Press release dated April 22, 2008 titled “Magnetek, Inc. Announces Intent to Divest Telecom Power Systems Business”.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:  April 22, 2008

MAGNETEK, INC.
/s/	David Reiland
By:	David Reiland
	President and Chief Executive Officer

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Exhibit Index

Exhibit Number	Description
99.1	Press release dated April 22, 2008 titled “Magnetek, Inc. Announces Intent to Divest Telecom Power Systems Business”.

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EX-99.1

Exhibit 99.1

NEWS

For Immediate Release

For additional information contact:

Marty Schwenner

Vice President, Chief Financial Officer

Magnetek, Inc.

262-703-4282

mschwenner@magnetek.com

Magnetek, Inc. Announces Intent to Divest

Telecom Power Systems Business

Menomonee Falls, Wis., April 22, 2008 — Magnetek, Inc. (“Magnetek” or “the Company”, NYSE: MAG) today announced that the Company will pursue the divestiture of its Telecom Power Systems business. This business represented approximately $16.0 million of Magnetek’s total sales of $103.8 million in fiscal 2007. The Company will focus its efforts on enhancing shareholder value through investment in and growth of its core power control and systems businesses, as well as strategic acquisitions in its product lines serving the material handling, elevator, and alternative energy industries. “Magnetek’s strategy is to focus on our core businesses where we have growth opportunities and a sustainable competitive advantage,” said Magnetek Chief Executive Officer, David Reiland. As previously announced, the Company made a recent acquisition of the assets and business of Enrange, LLC, Canonsburg, Pa., a wireless control manufacturer providing radio remote controls for the material handling, industrial, hydraulic and rock mining industries.

The Telecom Power Systems business is headquartered in the Company’s Menomonee Falls, Wisconsin facility and has a sales office in Dallas, Texas.

Beginning with the fourth fiscal quarter, the Company will account for the Telecom Power Systems business as a discontinued operation.

Magnetek, Inc. manufactures digital power and motion control systems used in material handling, people moving, communications and energy delivery. Headquartered in Menomonee Falls, Wis., in the greater Milwaukee area, Magnetek operates manufacturing facilities in Pittsburgh, Pa., and Mississauga, Ontario, Canada, as well as Menomonee Falls. For its fiscal year ended July 1, 2007, Magnetek’s revenues were $103.8 million. More information about Magnetek is available on its website at: http://www.magnetek.com.

N49 W13650 Campbell Drive     Menomonee Falls, WI  53051     262.783.3500     262.783.3510 Fax     www.magnetek.com

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This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s anticipated financial results for future periods, including the fiscal year ending June 29, 2008.  These forward-looking statements are based on the Company’s expectations and are subject to risks and uncertainties that cannot be predicted or quantified and are beyond the Company’s control.  Future events and actual results could differ materially from those set forth in, contemplated by, or underlying these forward-looking statements.  These include, but are not limited to, economic conditions in general, business conditions in material handling, elevator, mining, communications and alternative energy markets, operating conditions, competitive factors such as pricing and technology, risks associated with acquisitions and divestitures, legal proceedings and the risk that the company’s ultimate costs of doing business exceed present estimates.Other factors that could cause actual results to differ materially from expectations are described in the Company’s reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.