Company Overview
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 Magnum
Machining Inc. was founded and established as a
Minnesota Corporation on May 11,1994. For global
competition, Maquinaria Magnum of Torreon Mexico was
established in the Fall of 2003 as a subsidiary of
Magnum Machining. Full production in Mexico followed in
2004. Jerry Bowman serves as Magnum's Chief Executive
Officer (CEO) and Chief Financial Officer (CFO) for both
the Deerwood, Minnesota and the Torreon, Mexico
facilities. Having a facility in the United States and
in Mexico has given us a dual sourcing capability. Our
goal is to provide cost effective products all over the
world. Magnum's success is due to the dedication of
providing products that exceed customer expectations.
Magnum Timeline:
1994 - Founded in Rochester, Minnesota
1997 - "Entrepreneur" Magazine rates Magnum as the 10th
fastest growing
small businesses in
the United States
1998 - Magnum North opens in Deerwood, Minnesota.
2000 - Magnum reaches the 100 employee mark.
2001 - 3rd Phase of the Deerwood Facility is completed.
The Rochester Facility is absorbed by Magnum North.
2003 - The first employee is hired in preparation for
Maquinaria Magnum to begin in Torreon, Mexico.
2004 - Maquinaria Magnum in full production.
2004 - The annual sales goal of 3.9 million for the
first year of operations was achieved in Torreon Mexico.
2005 - Maquinaria Magnum achieves "Partner" level status
in John Deere's Achieving Excellence program and also
nominated for
"Supplier of the Year." Magnum
Deerwood achieves "Key" level status.
2006 - Magnum Machining Deerwood & Maquinaria Magnum
Torreon achieve "Partner" level status in John Deere's
Achieving Excellence
program. Maquinaria
Magnum begins Import/Export Functions. |
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Square
Footage
Torreon - 65,000
Deerwood - 55,000 |
2007
Annual Sales
Torreon - 7 million
Deerwood - 13 million |
2008
Projected Sales
Torreon - 10 million
Deerwood - 15 million |
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 Business
Statistics
Consider the following statistics about our business
growth:
The management of Magnum Machining has over 200 years of
combined machining experience. Magnum Machining is
dedicated to their customers and committed to becoming
one of America's greatest companies.
The following are goals of Magnum Machining on the path
to becoming one of America's greatest companies:
5 new major customers by the end of 2008
150 employees by the end of 2008
$50 million in annual sales by the end of 2009
65 pieces of CNC machinery by the end of 2009
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