...Technology & Innovation
T i m e l i n e
Mo Immigrated to the United States
Graduates from Philadelphia University
Lehigh University Post-Grad
1971 – 1972
Plant Manager - Budd Automotive Inc.
1972 – 1975
I.U. International Corporation
1975 – 1978
W.A. Butler Inc.
1978 – 1981
1981 – 1984
Prime Asset Management, Inc.
1985 – 1989
Noblit Industries, Inc.
1989 – 1991
Rickel Home Centers, Purity Supermarkets & Advisor to Merrill Lynch
1991 – 1992
Ames Department Stores
1992 – 1994
Essex Industries Inc.
1994 – 1999
Acutus Gladwin Corp
2000 - 2002
Peek (Global Traffic Systems)
2001 – 2003
Allied Office Products
Received Professorship at Karlsruhe University, Germany
2012 (November) – 2019 (December)
Formation of 5ME Cryogenic Machining
Sold MAG Americas to Fives Group
MAG IAS Automotive Sold to Fair Friends Group
Established Tracxpoint AI Shopping Cart Systems
Camerai AR Studio
Mo Meidar is a dynamic and self-motivated entrepreneur who has increased corporate value by millions of dollars. He is a seasoned professional with over 50 years of operations experience with both public and private companies. His industry experience includes manufacturing, processing, retail, and distribution.
As an entrepreneur and accomplished turnaround specialist, Mr. Meidar has revitalized more than 50 companies. As CEO, Chairman or Advisor he has successfully led and managed both large and small corporations. Working on behalf of large financial institutions and private equity groups, Mr. Meidar has developed strategies for complex and diverse operations, moving both horizontally across functions and vertically within an industry.
Mr. Meidar is a results-oriented leader with comprehensive skills including cost control, supply chain management, infrastructure re-engineering, project management, acquisition consolidation, recapitalization, and management augmentation. He is an innovative thinker that challenges the status quo and forces a shift of legacy paradigms in organizations.
As an operations leader, he has developed strong relationships with most presidents in large automotive and aerospace companies around the world. Further, his mergers and acquisitions experience has led to extensive relationships with Wall Street commercial and investment banks, strategic buyers and joint venture partners.
Before Selling the company, Mr. Meidar was the Founder & CEO of MAG Industrial Automation Systems, a privately-held company which is a remarkable example of entrepreneurship and technological leadership. MAG’s composites, CNC machine tools and systems companies serve the aerospace, automotive, mining, heavy equipment, solar and wind power industries, as well as the general machining industry. With 2008 revenues of over $1.75 billion, more than 4000 employees in 26 facilities in international markets, MAG is one of the world’s biggest machine builders with the most advanced technologies. MAG’s flagship brands have been leading suppliers of innovative production machinery for nearly 125 years.