Company History
Magnetic Products & Services, Inc. is headquartered in Minneapolis, MN, and was incorporated in 1989. It has been run by the same family since day one, and has made a profit in every single quarter since the beginning. When MPS started, we strictly sold recertified 9-track reels. Nineteen years later, we have developed into providing a full line of both new and recertified media. We’re consistently ranked in the Top 5 nationally, and with this history—and direct relationships with Imation, Fuji, Maxell, IBM and TDK — MPS will be around tomorrow and beyond.
Our customer base includes thousands of companies in all 50 states throughout the USA, in Canada and other parts of the world. With revenues over $32.5 million in 2007, MPS is the largest certified woman-owned business in the industry. We hope in the very near future to have the opportunity to show you firsthand the many benefits we can provide your organization through our expertise, experience, pricing and of course, the infinitely important issue of service.
Don’t take our word for it – see what our customers have to say about us!
Click here for customer testimonials
Awards
2008 Enterprising Women of the Year Winner – Michelle Morey
Enterprising Women Magazine - $25 Million Category
2007 DiversityBusiness.Com Rankings
| Top Woman Owned Business in Minnesota | 4 |
| Top Diversity Owned Businesses in Minnesota | 7 |
| Top Women Owned Businesses in America | 98 |
| Top Diversity Owned Businesses in America | 182 |
| Top Small Businesses in America | 145 |
2007 Twin Cities Business Journal – Ranked 13th Largest Woman-Owned Business in the state of Minnesota
2007 Twin Cities Business Journal, Industry Leader – Michelle Morey
Giving Back to the Community
MPS is a proud sponsor of the Pay It Forward Fund For Women's Cancer. It was established by MPS owner, Michelle Morey, to help women struggling financially while undergoing cancer treatment. It's run through North Memorial Hospital in Minneapolis, and it helps pay basic living expenses.
The Pay It Forward mission entrusts that women who receive help will someday, somehow---financially or otherwise---find a way to "pay it forward" by helping other women during treatment. To learn more about this great cause, visit www.payitforwardfund.net.
