MIT Leaders for Global Operations Welcomes MAG-IAS as Industry Partner

The MIT Leaders for Global Operations (LGO) program welcomes MAG-IAS, a world-leading provider of metalworking and composites processing solutions for the durable goods industry, to its roster of highly select global manufacturing and operations companies from around the world.

MIT LGO is the nation's leading dual-degree graduate program in engineering and management innovation for students aiming for careers in operations and manufacturing. Students graduate with a Master of Business Administration from the MIT Sloan School of Management and a Master of Science from one of seven programs within the MIT School of Engineering. LGO benefits from the wealth of resources, world-renowned faculty, and connections offered by MIT, the world's leading institution focused on science and technology.

MAG joins 20 other MIT LGO partner organizations that include world leaders such as Amazon.com, Boeing, Caterpillar, Dell, General Motors, Novartis and United Technologies. As an MIT LGO partner company, MAG will gain access to MIT faculty and research as well as best practices of other partner companies, with the potential for joint operations projects. Partner companies host in-depth site visits and six-month student internships with MIT faculty support. MIT LGO interns offer high-value return by addressing critical business needs including production network strategy, energy waste reduction, and supply chain optimization. Partner companies also provide input into MIT LGO's curriculum and activities, ensuring that the program stays relevant and responsive to their most pressing operations challenges.

 
MAG and Boeing joint venture project for machining titanium aircraft components in Russia

"We anticipate a mutually rewarding relationship with the MIT LGO program and look forward to the knowledge both parties will gain from the shared experience," said Bill Horwarth, President, MAG Global Services. "As a longtime supplier of manufacturing technology for many current LGO partners such as Boeing, Caterpillar, Spirit AeroSystems and United Technologies, we hope to provide LGO students with opportunities to contribute to significant projects and relationships we have in play with these global giants and to develop career opportunities at MAG."

"MIT LGO students and faculty are excited about the opportunities that the MAG partnership provides, especially in the realm of advanced manufacturing, where MAG's innovative technologies and worldwide operations will provide many opportunities for our students to take on leading-edge challenges," said Don Rosenfield, Senior Lecturer, MIT Sloan School, and LGO Program Director.

About MAG

MAG is the largest U.S. maker of metal-cutting machine tools and is a major systems supplier to companies in advanced markets such as defense, wind energy, solar energy and aerospace, while more traditional customer segments include automotive/truck, heavy equipment, oil/gas, rail and general machining. MAG is a leading manufacturer of automated composites processing machines for making parts for commercial aircraft, and has introduced new technology and materials for fabricating composite wind turbine blades as well as automated manufacturing technology for photovoltaic solar cells. MAG continues to lead in manufacturing technology as evidenced by its latest innovations; Cryogenic Machining and Delta 4, the company's manufacturing efficiency software and consulting group.

MAG has worldwide sales of approximately $1.5 billion and over 3,400 employees (approximately 1,100 in the Americas) with operations at 30 facilities in the U.S., Canada, Mexico, Brazil, Germany, Switzerland, the U.K., Hungary, Russia, India, China and Korea.

About MIT LGO

Founded in 1988 as Leaders for Manufacturing, MIT LGO was created to develop technically oriented leaders who would help strengthen the U.S. manufacturing industry in the face of emerging global competition. Approximately 50 students receive S.M. and M.B.A. degrees through MIT LGO each year.

Because they are "fluent" in both engineering and management, MIT LGO graduates are highly sought after by partner companies as well as other manufacturing and global operations enterprises. Alumni include Camilla Denison (LGO '92), President of Champion Laboratories; Patrick M. Shanahan (LGO '91), Vice President and General Manager of Airplane Programs at The Boeing Company; and Jeff Wilke (LGO '93), Senior Vice President at Amazon.com.

Contact:     Alice Waugh
                    Communications Director, MIT Leaders for Global Operations
                    awaugh@mit.edu
                    617-324-6388