Magnum Magnetics is an industrial and manufacturing company founded in 1991 and headquartered in the United States. The company specializes in producing flexible permanent magnets, including sheeting, strips, and extrusions. Known for their slogan "The Force in Flexible Magnetics," Magnum Magnetics takes pride in controlling the content and quality of their magnetic materials, which are exclusively produced and tested in the U.S.A.
With a focus on customer satisfaction, the company emphasizes the importance of meeting customer needs efficiently without compromising on quality. Their recent $12.25M Debt Financing investment in 15 November 2018 indicates a strategic move towards expanding their operations and enhancing their manufacturing processes. The investment came from PNC Mezzanine Capital, showcasing investor confidence in the company's growth trajectory.
Magnum Magnetics' commitment to innovation and sustainability is evident through their continual investments in equipment, machinery, and employees to maintain state-of-the-art and environmentally friendly manufacturing processes. Guided by LEAN manufacturing principles, the company aims to maximize productivity while ensuring cost efficiency, ultimately offering competitive prices for their products.
Overall, Magnum Magnetics presents a compelling investment opportunity with its strong industry presence, focus on quality, and strategic investments aimed at driving growth and operational excellence.
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