Magdic Precision Tooling

Industrial Machinery & Equipment · Pennsylvania, United States · 11-50 Employees

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Overview

Headquarters

1070 3rd St Ste 1, North Versailles, Pen...

Phone Number

(412) 824-6661

Revenue

<$5 Million

Industry

Industrial Machinery & Equipment Manufacturing
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Magdic Precision Tooling

Magdic Precision Tooling is a full service tool and die company specializing in the manufacturing of powdered metal tools for the carbide industry and various other industries. Established in 1981 by the late Theodore J. Magdic, we have over 30 years of success in serving our customers. We make all of the necessary components for tooling such as molds, punches, core rods and clamping tools. The types of tools we have worked on includes indexable cutting tools, carbide wear parts, ceramic wear parts, diamond tools and metallic parts, just to name a few. One thing we pride ourselves on is that we are never too busy to offer the customer personal service. We try to be as responsive as possible. Our front office is always available to answer your requests for information. Quotes are usually completed the same day and definitely within 24 hours. In many cases we can repair parts in as little as 2-3 days or make new parts within 2-3 weeks depending on the size of the job and the availabilityRead more
Magdic Precision Tooling's Social MediaPopular SearchesMagdic Precision Toolingmagdic precision tooling IncincMagdic Precision Tooling Incmagdic precision tooling incWeSIC Code 35,354NAICS Code 33,333Show more

Magdic Precision Tooling Org Chart

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Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Magdic Precision Tooling

<$5M
11-50
Private
<$5M
1981
$6.5M
11-50
Private
<$5M
1984
$5.7M
11-50
Private
<$5M
1977
N/A
<$5M
11-50
Private
<$5M
1939
<$5M
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Private
<$5M
1976
NL
Nick LaSerraSales Manager
<$5M
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2000
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Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

Magdic Precision Tooling is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Magdic Precision Tooling is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Magdic Precision Tooling.

Magdic Precision Tooling financials insights

Gather financial insights about Magdic Precision Tooling, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2020

Debt

$150K

2021

Debt

$211K

See All Magdic Precision Tooling's Financials Insights

Magdic Precision Tooling Tech Stack

A closer look at the technologies used by Magdic Precision Tooling

Most Recent Scoops

Funding
Magdic Precision Tooling has received an SBA PPP loan in the amount of $211,800 from Citizens Bank resulting in the retention of 14 jobs.
Funding
Magdic Precision Tooling has received an SBA PPP loan for $150,000-350,000 from Citizens Bank.
Funding
Magdic Precision Tooling Inc has received an SBA PPP loan for $150,000-350,000 from Citizens Bank, National Association.
Funding
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Top Industrial Machinery & Equipment Companies

Frequently Asked Questions Regarding Magdic Precision Tooling

What is Magdic Precision Tooling's official website?
Magdic Precision Tooling's official website is www.magdicprecision.com
What is Magdic Precision Tooling's Revenue?
Magdic Precision Tooling's revenue is <$5 Million
What is Magdic Precision Tooling's SIC code?
Magdic Precision Tooling's SIC: 35,354
What is Magdic Precision Tooling's NAICS code?
Magdic Precision Tooling's NAICS: 33,333
How many employees does Magdic Precision Tooling have?
Magdic Precision Tooling has 11-50 employees
What industry does Magdic Precision Tooling belong to?
Magdic Precision Tooling is in the industry of: Industrial Machinery & Equipment, Manufacturing
What is Magdic Precision Tooling competition?
Magdic Precision Tooling top competitors include: Remco Supply, BLUE POINT Tool & Supply, K-B Tool & Die, Ramtec
What technology does Magdic Precision Tooling use?
Some of the popular technologies that Magdic Precision Tooling uses are: Microsoft 365, Network Solutions Web Hosting, Microsoft Exchange Online
How do I contact Magdic Precision Tooling?
Magdic Precision Tooling contact info: Phone number: (412) 824-6661 Website: www.magdicprecision.com
What does Magdic Precision Tooling do?

Magdic Precision Tooling is a full service tool and die company specializing in the manufacturing of powdered metal tools for the carbide industry and various other industries. Established in 1981 by the late Theodore J. Magdic, we have over 30 years of success in serving our customers. We make all of the necessary components for tooling such as mo... lds, punches, core rods and clamping tools. The types of tools we have worked on includes indexable cutting tools, carbide wear parts, ceramic wear parts, diamond tools and metallic parts, just to name a few. One thing we pride ourselves on is that we are never too busy to offer the customer personal service. We try to be as responsive as possible. Our front office is always available to answer your requests for information. Quotes are usually completed the same day and definitely within 24 hours. In many cases we can repair parts in as little as 2-3 days or make new parts within 2-3 weeks depending on the size of the job and the availability of materials. Normal tooling deliveries depend on the shop's backlog at the time the order is placed. In addition to manufacturing we can offer some basic engineering assistance such as measuring sample parts, creating 3D cad models, and generally assisting in the design process to make sure that the tooling performs as intended. We also can suggest materials and grades for various tooling applications based on our experience.Read More

What are Magdic Precision Tooling social media links?
Magdic Precision Tooling Linkedin page
Who invested in Magdic Precision Tooling?
Magdic Precision Tooling has 2 investors including PPP and PPP.
Is Magdic Precision Tooling a public company?
Magdic Precision Tooling is private company therefore does not currently have an official ticker symbol
See more information about Magdic Precision Tooling

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