Magnatech International's reputation for quality braiding machinery dates to
the year 1892 in Reading, Pennsylvania. It was then that Textile Machine Works,
a braiding machinery business serving the fashion industry, was founded by two
hard-working German immigrants, Henry Janssen, and Ferdinand Thun, (grandfather
of David Thun, Magnatech's co-founder and Chairman).
The Thun and Janssen
families supplied the world marketing with high quality braiding
machinery, consistently providing innovative applications and
products. By the 1930's, second generation Thuns and Janssens were
manufacturing braiding machines used to produce reinforced,
specialized hydraulic hoses.
In 1968, the
well-respected Textile Machine Works was acquired by Rockwell
International, which maintained a leadership position in the
braiding machinery business for the next 20 years.
Then in 1988, Mr. David Thun
and his partner, Mr. Paul Kozloff, purchased the braiding machinery
business from Rockwell, forming a new company, "Magnatech
International, L.P.", and joined by the loyal employees of
Rockwell's braiding division.
In 2003, Mr. David Thun retired from the company and
passed full ownership to his business partner, Mr. Paul Kozloff, who subsequently
passed ownership to the Magnatech Executive Management group and other equity investors
in 2006. Building from the foundation Mr. Thun established, our customers can
expect our exceptional service and product development efforts to continue the ...