| CPC B23Q 3/154 (2013.01) [B25B 11/002 (2013.01); H01F 7/0257 (2013.01)] | 18 Claims |

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1. A magnetic device for magnetically coupling to a ferromagnetic body, comprising:
a housing having an interior defining an axis;
a plurality of pole portions supported by the housing, the plurality of pole portions defining a plurality of spaced apart projections which collectively form a workpiece contact interface of the plurality of pole portions, a first portion of the plurality of spaced apart projections defining a plurality of north pole portions of the workpiece contact interface and a second portion of the plurality of spaced apart projections defining a plurality of south pole portions of the workpiece contact interface;
at least one permanent magnets positionable within the interior of the housing to provide at a first position of the at least one permanent magnet a first level of magnetic flux at the workpiece contact interface and to provide at a second position of the at least one permanent magnet a second level of magnetic flux at the workpiece contact interface; and
at least one sensor supported by the housing, the at least one sensor providing a magnetic characteristic of the magnetic device to determine an operating state of the magnetic device.
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