Magna Machine

Precision Contract Manufacturingmagnamachine.com

Company typePrivate
Founded1975
HeadquartersNew Castle, United States
Headcount11–50
GTM typeB2B
OfferingHardware or Manufacturing

Magna Machine firmographics

Firmographics

Name: Magna Machine
Legal name: Magna Machine & Tool Company Inc.
Website: https://magnamachine.com
Company type: Private
Founded year: 1975
Operating status: Operating
Headcount range: 11–50 employees
Ownership category
akta.pro rank

Magna Machine industry classification

Industry

Product category: Precision Contract Manufacturing
NAICS: Machine Tool Manufacturing (333517), Metalworking Machinery Manufacturing (3335)
SIC: Machine Tools, Metal Cutting Types (3541), Special Industry Machinery, Nec (3559), Special Industry Machinery (No Metalworking Machinery) (3550)
akta.pro primary industry: CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
akta.pro secondary industries: Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC), Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG)

Keywords

CNC machining services
Custom machine design
Contract manufacturing
Precision machining shop
Machine assembly services

Where Magna Machine is headquartered

Location

Headquarters

HQ city: New Castle
HQ country: United States
HQ region: North America

Offices1 record

Markets served

Magna Machine business model

Business model

GTM type: B2B
Offering type: Hardware or Manufacturing
Cost components: Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

CNC and Manual Machining Services: Job-shop style precision machining services for individual parts, components, and repeat orders. Customers submit project specifications and receive quotes. Revenue is earned per project or per order, with no subscription component.
Custom Design-Build and Machine Assembly: Design, build, and assembly of specialized machines, fixtures, jigs, gauges, and controls to customer specifications. Revenue generated per custom project with varying scope and timeline.
Repair and Replacement Services: Reverse engineering and repair/replace solutions for existing parts and equipment. Revenue earned per job, often as urgent or time-sensitive project work.
Additional Machining Services: Abrasive waterjet cutting, wire EDM, welding, and sandblasting offered as value-add in-house services either as standalone jobs or as part of larger project engagements.

Pricing tiers

Model	Billing	Price
Other	Pay-as-you-go	Quote-based project pricing — no published tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Magna Machine product offering

Product offering

Core offering

Magna Machine & Tool Company, Inc. is a precision contract machining and assembly job shop located in New Castle, Indiana. The company provides CNC machining (3 and 4-axis), custom design-build of specialized machines and fixtures, contract machine assembly, abrasive waterjet cutting, wire EDM, 3D printing, manual machining, and welding services to industrial manufacturers. It operates as a one-stop design-to-production partner producing custom-machined parts, tooling, and complete machines.

Product overview

Magna Machine & Tool is a precision machine shop offering an integrated portfolio of manufacturing services. Core offerings include CNC Machining (13 Okuma lathes and mills with 3 and 4-axis capabilities), Custom Design + Build (specialized machines, fixtures, jigs, gauges, and controls), and Machine Assembly (contract assembly for complex machines). Supporting services include Abrasive Waterjet Cutting (MAXIEM 1530), Wire EDM, Manual Machining, and 3D Printing for prototyping. Additional value-add services include welding and sand blasting. The company operates from a 36,490 square foot facility in New Castle, Indiana with a team of 43 employees offering combined 593 years of experience.

Differentiator

Problem solved

Functional benefit

Products and services

CNC Machining Precision CNC milling and turning using a fleet of 13 Okuma lathes and mills with 3 and 4-axis capability, producing custom-machined parts for industrial OEM customers.
Custom Design + Build
Machine Assembly
Abrasive Waterjet Cutting
Wire EDM
3D Printing
Welding
Manual Machining

Quantifiable outcome

Delivered 224 custom-cut galvanized steel shims on urgent 2-day turnaround for White Construction's solar facility project
+3 more outcomes

Companies that use Magna Machine

Customer profile

Named customers6 records

Segments6 records

Ideal customer profiles1 record

Magna Machine technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Magna Machine partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves12 records

Expansion highlights5 records

Magna Machine competitors and assessment

Company assessment

Direct peers

Metal Craft Machine & Engineering: Mid-sized US contract manufacturer offering CNC machining, custom machine design-build, and assembly across aerospace, defense, and industrial markets. Directly comparable to Magna in service mix (precision machining + design-build) and customer profile.
Bayloff Industries: Illinois-based precision CNC machining job shop serving medical, aerospace, and industrial customers. Comparable to Magna in operating model (precision job shop, multi-axis CNC, quality certifications) and customer verticals.
Able Manufacturing & Assembly: Midwest CNC machining and contract assembly provider serving industrial customers. Comparable to Magna in combining machining and assembly services for diversified B2B manufacturers.
Cox Manufacturing: Long-running custom precision machining company serving industrial and OEM customers with CNC turning, milling, and assembly. Closely comparable to Magna in business model, longevity, and customer mix.
RCM Industries: Contract precision machining shop serving industrial OEMs with CNC machining, assembly, and engineering support. Comparable to Magna in project-based job shop model and diversified industrial customer base.

Broad incumbents

Proto Labs: Large-scale digital manufacturing services provider offering CNC machining, injection molding, and 3D printing through an online platform. Overlaps with Magna on CNC machining and 3D printing but operates at much larger scale with a digital-first GTM model.
Xometry: Global on-demand manufacturing marketplace aggregating CNC machining, sheet metal, and 3D printing suppliers. Competes with Magna for online-sourced CNC work and represents the digital alternative to traditional job shops like Magna.

Others

Hardinge: Public machine tool manufacturer producing CNC lathes, machining centers, and grinding machines. Relevant as the OEM supplier of capital equipment that Magna uses, and as a broad incumbent in the metalworking machinery category.
Mazak: Major global CNC machine tool manufacturer (lathes, machining centers, multi-axis systems). Connected to Magna as a competing equipment supplier and adjacent participant in the broader metalworking machinery category Magna operates in.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Magna Machine compliance and trust

Trust signal

Compliance2 records

Magna Machine financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Magna Machine leadership team

Management profile

Number of profiles

Profiles4 records

Magna Machine funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Magna Machine M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magna Machine

What does Magna Machine do?

Is Magna Machine a public or private company?

Magna Machine is a private company. It is classified as management employee owned and is currently operating.

When was Magna Machine founded?

Magna Machine was founded in 1975. It employs 11 to 50 people.

Where is Magna Machine based?

Magna Machine is headquartered in New Castle, United States, in the North America region.

How does Magna Machine make money?

Four revenue lines are on record. CNC and Manual Machining Services are the primary driver. The others are custom Design-Build and Machine Assembly, repair and Replacement Services and additional Machining Services.

Who are Magna Machine's main competitors?

Direct peers on record are Metal Craft Machine & Engineering, Bayloff Industries, Able Manufacturing & Assembly, Cox Manufacturing and RCM Industries. Broad incumbents are Proto Labs and Xometry. Others are Hardinge and Mazak.

Does Magna Machine have an API?

No public API is recorded for Magna Machine.

What industry is Magna Machine in?

Magna Machine's product category is Precision Contract Manufacturing. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHADAC, Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping). Its NAICS code is 333517 and its SIC code is 3541.