1993: MITGI was founded and operated out of a small building outside of Stewart, MN. About 99% of the work was regrinding, done using a #2 Cincinnati.
1995: A Cincinnati Monoset was purchased, which allowed for more complex resharpening operations.
1997: The business moved to Stewart, MN into a spacious 1,000 sq. ft. facility. The first CNC cutter grinder was purchased.
2000: MITGI bought a second CNC cutter grinder and metrology for miniature tools, which provided entry into the medical market. Established marketing plan, created production schedule, and focused on customer service.
2001: The number of employees increased to three.
2005: Doubled the size of the Stewart location, adding an additional 1,000 sq. ft. Two Rollomatic CNC cutter grinders added. Sales grew 89% in this year.
2007: Added 3rd shift to keep up with production. Number of employees increased to 16 people. Fifth CNC cutter grinder added to production.
2008: Obtained additional high quality metrology equipment to help maintain tool accuracy. Sales grew 38% in this year.
2009: Added 6th CNC cutter grinder. Over time, new tool production increased. By this year, regrinding represented only 1% of overall business.
2010: Moved business to Hutchinson, MN into a 20,000 sq. ft. facility, centrally located in Minnesota’s Medical Alley. Added three additional CNC cutter grinders. Sales grew 110% in this year.
2012: Number of employees increased to 33 people. Previously available spaces in new building were quickly filled by more equipment, expanding both production and capabilities.
2013: Manufacturing floor included the following equipment: 18 CNC cutter grinders, 4 manual cutter grinders, 2 wheel dressers, and equipment for in-house fixturing (surface grinder, lathe, and mill). Sales increased by 35%, and the number of employees rose to 45. Available manufacturing space expected to be filled by the end of the year.
2014: Capabilities expanded with the introduction of additional CNC cutter grinders. MITGI won the Minnesota Business Magazine Image Award, and took silver in the Best in Class Small Company category. The number of employees increased to 54.
2015: Manufacturing capabilities expanded to include in-house coating and increased manufacturing capacity with the addition of 4 CNC machines. The standard product line increased by 500%, bringing the total number of standard tools to over 4,200. MITGI received the 2015 100 Best Companies to Work for Award from Minnesota Business Magazine, the Top 150 Workplaces Award from the Star Tribune, and won the Minnesota Business Magazine Image Award.
2016: Expansion areas included inspection equipment and ERP system implementation. Standard tool line increased to include 8,700 tools all available in 3 days or less. MITGI staff includes 70 full and part time employees.
2019: Standard tool line increased to 9,600 tools available in 3 days or less. MITGI staff includes 75 full and part time employees.