Cleveland, Ohio / News Release — Magnus International Group has received its second Smart Business Innovation in Business Award for being among Northeast Ohio’s most forward-thinking, visionary organizations.
The company won its first Innovation honor in 2011 in the Rising Star category. This year, Magnus is a Master Innovator, along with the esteemed Lincoln Electric Company. Organizations in this category have annual sales of at least $50 million. View event photos.
Magnus Co-owners Eric Lofquist and Scott Forster are being recognized for their pioneering strategies as producers of natural animal feed ingredients, natural industrial and consumer waxes, and alternative liquid fuels.
Some of Magnus’ innovations include:
- Diverse, flexible manufacturing capabilities
- Distinct, highest-value products
- Boutique processing for smaller-scale, customized projects
- Best product and price balance, and profit-sharing model
- Highest commitment to product quality and safety
- Difficult-to-duplicate business strategy
- Customer retention through value creation
- Foundation for sustainable growth
The Innovation in Business commendation is the company’s sixth award for business excellence since 2011 and the seventh win overall.
“Magnus’ attitude of innovation inspires ongoing new product development and continuous process improvement,” says CFO John Malloy. “It also encourages customers to think of us when faced with new challenges and to collaborate with the company on creative solutions.”
The 2012 Innovation in Business Conference is Thursday, September 20 at LaCentre Conference & Banquet Facility in Westlake. The event begins at 5 p.m. with a networking and cocktail reception, followed by the awards program.
Smart Business publisher and vice president of operations Dustin Klein says that this year’s winners represent some of the most innovative businesses in the region. He notes that, like Magnus, their stories are rousing, their ideas are fresh and their perspectives on business are unique. Smart Business Network, Inc. is a multimedia company with more than 20 years of experience producing quality news, marketing content and events.
Magnus will be featured in the September editions of Smart Business Cleveland and Smart Business Akron/Canton as part of a special report on the 2012 Innovation in Business Conference & Awards.
About Magnus International Group
Founded in 2007, Magnus International Group is an award-winning manufacturer and distributor of natural animal feed ingredients, natural consumer waxes and alternative fuels. The company creates these proprietary products under its Hardy Animal Nutrition and Hardy Industrial Technologies brands by refining discarded food industry raw materials such as fats, oils and greases.
Magnus’ corporate office is in Cleveland, Ohio, and the company’s 25-acre production facility is located in Painesville Township, Ohio. There are only about 12 oleochemical plants in the U.S. and none are known to operate as uniquely and flexibly as Magnus or create the same outputs from products that are otherwise landfill-bound. The company partners with some of the world’s largest food production and consumer products organizations.
Magnus Media & Marketing Contact:
Nicki Artese / 216-932-2168