Magna Machine
- 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
Where Magna Machine is headquartered
LocationHeadquarters
- 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 offeringCore 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 profileNamed customers6 records
Segments6 records
Ideal customer profiles1 record
Magna Machine technology and API
TechnologyTechnology 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 signalScale indicators6 records
Recent moves12 records
Expansion highlights5 records
Magna Machine competitors and assessment
Company assessmentDirect 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 social profiles
Digital presenceMagna Machine compliance and trust
Trust signalCompliance2 records
Magna Machine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magna Machine leadership team
Management profileNumber of profiles
Profiles4 records
Magna Machine funding detail
Funding detailFunding 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 investmentM&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?
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.
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.