Company Overview -
Mexico
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Espanol |
Maquinaria
Magnum Company Overview:
Maquinaria Magnum was established as a
subsidiary from its parent company Magnum Machining.
Jerry Bowman serves as the Chief Executive Officer (CEO)
and Chief Financial Officer (CFO) for both the Deerwood,
MN and Torreon, Mexico facilities.
Maquinaria Magnum is a manufacturer of
precision-machined parts using the most advanced CNC
equipment. This equipment is used throughout entire
manufacturing process to provide high quality, cost
effective product to our customers.
We are becoming one of the leading suppliers of a
variety of machined castings. With the ability to "Dual"
source the manufacturing process, we are able to offer
the customer cost effective solutions to their world
wide product lines.
Maquinaria Magnum's competitive advantage within its
market is based on the following strengths: |
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- Technical and Administrative
support from the corporate headquarters located in
Deerwood, MN.
- Dual sourcing between the two
facilities (USA & MX) to provide cost
effective products.
- Flexibility and Capacity to grow
based on customers needs and
requirements.
- Expertise to manage finished
goods and raw material inventory
(controlled inventory, Kanban, etc)
- Magnum imports machined
components from China to be supplied to customers.
- Expertise to supply product
globally
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Maquinaria
Magnum Time Line:
1994 - Magnum Machining is founded in Rochester MN.
U.S.A.
1997 - "Entrepreneur" magazine rates Magnum as the 10th
fastest growing
small businesses in the United States.
1998 - Magnum opens 2nd facility in Deerwood, MN. U.S.A.
2000 - Magnum reaches 100 employee mark
2001 - 3rd Phase of the Deerwood Facility is completed.
The Rochester
Facility is absorbed by
Magnum Deerwood.
2002 – Discussions and Research start on a new facility
in Torreon, Mexico
2003 – First employee is hired in preparation of
manufacturing in
Torreon, Mexico, Maquinaria Magnum is
founded
2003 - Importation of production machines and additional
equipment delivered
and staged for production start-up
2004 - Maquinaria Magnum reaches production stage. The
projected annual
sales goal of 3.9million for the first year of
operation was achieved.
2005 - Maquinaria Magnum achieves “Partner” level status
in John Deere’s
“Achieving Excellence” program and is
nominated for “Supplier of the
Year”
2006 - Magnum Machining Deerwood and Maquinaria Magnum
Torreon achieve
"Partner" level status in
John Deere's Achieving Excellence program.
2009 -
Maquinaria
Magnum adds 800mm capability
Maquinaria Magnum becomes
ISO 9001-2008 certified
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Square
Footage
Torreon - 65,000
Deerwood - 55,000 |
2010
Annual Sales
Torreon - 9.5 million
Deerwood - 14.2 million |
2011
Projected Sales
Torreon - 12.5 million
Deerwood - 20 million |
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Maquinaria
Magnum History:
With the objective of gaining a better position within
the global market, Magnum initiated research in 2002 to
explore the possibility of starting operations in
México. Magnum specifically chose the city of Torreon,
Coahuila, primarily due to the proximity with its main
customers and the strategic location of the city.
The research concluded that Torreon would be
beneficial to both Magnum and our customers., In 2003
Magnum started working with each level of the Mexican
government to obtain all necessary permits and
regulations and established Maquinaria Magnum S de RL de
CV as a Mexican corporation.
During the last quarter of 2003 all equipment
and installing activities were completed. In
January of 2004, Maquinaria Magnum started operations,
beginning the PPAP for parts being transferred from
Magnum-Deerwood.
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