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 MagStar
Technologies, Inc. ("MagStar" or the "Company") is a publicly owned company
headquartered in Hopkins, Minnesota that trades locally, over the counter,
under the symbol “MGST”. MagStar Technologies is a premier supplier in the
co-development, prototyping, and quick manufacture of sub-assemblies and
complex discrete machined components. MagStar’s technical expertise in
design, process, and manufacturing specializes in the “concept-to-production”
process resulting in short manufacturing cycle, high performance, and cost
effective products such as electro-mechanical assemblies and devices for over
two dozen medical, magnetic, motion control, and industrial original
equipment manufacturers (“OEMs”). The company manufactures on a contract
basis, among other items, close tolerance bearing-related assemblies for the
medical device industry. The Company has a unique identity as it emphasizes
its design and manufacturing engineering strengths, partnering with
customers, providing engineering solutions and machining, manufacturing, and
assembly services for efficiently manufactured, long life assemblies. The
company has an international reputation for applications and production
engineering, and the assembly and testing of tightly toleranced high-speed
rotational devices, especially centrifuge devices.
MagStar divides sales into the following core
competencies: Medical Centrifuges, Industrial Centrifuges, Conveyors /
Factory Automation/ Laboratory Automation, Magnets, and Contract
Manufacturing. For over 10 years, ISO-certified MagStar Technologies, Inc.
has been a trusted medical centrifuge supplier, using its expertise in design
and manufacturing and partnering its engineers and salespeople with
well-known, national OEM’s. MagStar’s expertise in Industrial Centrifuges
includes manufacturing for internationally prominent engine OEMs with 12
years of history designing, engineering, and manufacturing centrifuges to
meet market and emissions requirements. The Company has trademarks and
patents in place or pending concerning oil, water, and gaseous vapor
centrifuges. MagStar’s expertise in factory automation and conveyors includes
serving national and international based high-tech OEMs. MagStar has 15 years
of experience designing and manufacturing conveyance devices for factory
automation. Industries served include high tech, semiconductor, medical,
automotive, packaging, and testing. MagStar has a standard product line
designed for competitive, timely, and simplified integration. All products
incorporate low-profile features for a reduced footprint, desirable in highly
priced real estate. MagStar has successfully established business with OEMs
providing customized products from design to production for integration into
standard lines. MagStar has a patented product line that evolves with
industry requirements, including the recent introduction of a patent pending
clean room conveyor. MagStar has over 10 years of history designing,
engineering, and manufacturing complex magnet assemblies to meet the exacting
requirements of our customers. Other medical products include blood
analyzers, thrombectomy proximal motors, organic chemical synthesizers, and
valves for medical oxygen delivery. MagStar has over 40 years of history as
an integral supplier of manufactured assemblies. The Company also contract
manufactures biometric identification assemblies, spindles, precision slides,
and complex magnetic assemblies.
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