MAG IAS, LLC Chairman and CEO Dr. Eng. Mo I. Meidar received a Leader of Innovation Medal from Philadelphia University at its Spirit of Innovation Gala April 30. Also honored were Jose Maria Alapont, president and CEO of Federal-Mogul Corp.; Dorothy Roberts, chairman of The Echo Design Group; and Tomio Taki, managing member of Takihyo LLC.
According to Philadelphia University, the Leader of Innovation Medal recognizes creative entrepreneurs who have made significant contributions across many fields that better society and shine a light on the impact of innovation.
Meidar’s company, MAG, is the world’s leading developer of automation technologies for producing composite structures for aerospace, automotive and wind energy. The company is also one of the largest global suppliers of machine tools and automated manufacturing systems for the durable goods industry. MAG has manufacturing and sales operations around the world.
Meidar is an alumnus and trustee of the university, who has given great support both intellectually and materially. MAG recently funded the new Philadelphia University MAG Composites Institute and has donated a machining center to be used by students in manufacturing of engineering prototypes. “It’s an honor to be recognized with such a distinguished group of achievers as represented by this year’s award recipients,” Meidar says. “MAG enthusiastically supports the work of Philadelphia University in its development of the next generation of leaders in manufacturing, engineering and other fields. We want them to have every competitive advantage possible as they launch their careers.”
“These friends and alumni are world-class leaders and innovators,” according to Philadelphia University President Stephen Spinelli, Jr. “As a model for professional university education, Philadelphia University is focused on innovation. The careers and successes of our honorees across a range of disciplines inspire us. They are not only accomplished in their fields, but they also exemplify the university’s mission, sense of purpose, and innovative spirit.”
In addition to its collaboration with Philadelphia University, MAG supports student apprenticeships with salaries and 100-percent tuition, working through local community and technical schools around the world. The company also invests aggressively in internal leadership development for promising management candidates.
Founded in 1884, Philadelphia University is a private university with 3,500 students enrolled in more than 60 undergraduate and graduate programs. Go online to [www.philau.edu]. MAG is a leading machine tool and systems company serving the durable goods industry worldwide with complete manufacturing solutions for metal cutting and composites applications. Learn more at [www.mag-ias.com].
