MAG-IAS

MAG is one of the world’s largest and technologically advanced machine builders.

Formed by Mo in 2003, MAG is a leading machine tool and systems company offering a comprehensive line of equipment and technologies.
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MAG is a privately held, leading machine tool and systems company serving the durable-goods industry worldwide with complete manufacturing solutions.

MAG offers a comprehensive line of equipment and technologies including composite machining, CNC machining, process development, automated assembly, turning, milling, automotive powertrain production, maintenance, automation and software, and core components.

Key industrial markets served by these technologies include aerospace, automotive and truck, heavy equipment, oil and gas, rail, solar energy, wind turbine production and general machining.

As Owner, Chairman and CEO of MAG IAS, LLC., Mo made some very important acquisitions to his holdings company.

With revenues approaching $2 billion, and approximately 4,000 employees globally in extensive international markets, MAG is one of the world’s largest and technologically advanced machine builders.

MAG’s flagship brands have been leading suppliers of innovative production machinery for nearly 125 years.

Notable Acquisitions under Mo I. Meidar

Acquisition
Description
Cincinnati Milacron
Aerospace machining in addition to special composite machining for all new, lightweight composite airplanes.
Lamb
Heavy machining for powertrain automotive industry.
Hessap and Cross Hueller
Automotive industry.
Giddings
Heavy machining for oil, gas and railroad industries.
Witzig & Frank
Speciality machining for plumbing industry.
Ex-Cell-O and Boehringer
Special machining for powertrain automotive industry
Agile system for the machining of cylinder blocks (450,000 parts per year)
Agile system for the machining of crankshafts (200.000 parts per year).
Transfer line for the machining of cylinder blocks.
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The Crown Jewel of Mo’s long and successful career at the helm; MAG-IAS Aerospace was sold to Fives Group in 2013.

Mo now spends his time and resources looking into the future. He has started M-SKO, an Angel Investment firm, to provide start-up capital to up-and-coming companies.