Founded in 1984, the Manufacturing Advocacy & Growth Network (MAGNET) is a nonprofit organization dedicated to helping manufacturers compete and grow under the leadership of a board of directors who reflect the breadth of manufacturing in the region.
MAGNET provides consulting services aimed at helping companies achieve bottom-line efficiencies through increased productivity and process improvement programs while improving top-line sales through a variety of new product development and growth strategies.
During the period 2008 to 2012, MAGNET undertook 752 projects for 459 separate companies. These projects helped those manufacturers achieve the following results:
- $540 million in increased or retained sales
- $79 million in cost savings
- $174 million investment in their operations
- Create or retain 6,264 manufacturing jobs
MAGNET is a provider of Manufacturing Extension Partnership (MEP) services funded by the U.S. Department of Commerce’s National Institute of Standards and Technology.