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Magni-Fab

Continued from page 1 that will be affected by the closing of MagniFab, from the employees, families, school kids that have had projects paid for or provided for, and all through the community of Howe, this will affect us all in some way We, as a community are with you

Howe's Economic Development Director Monte Walker stated that it was a great loss to the city and reflected on how the company was managed greatly throughout the years with local leadership

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"Today is a sad day for Howe with the announcement of the closure of Magni-Fab," said Walker on Friday afternoon "The company made many contributions to the community over the years and my heart goes out to the employees Many great things came from that industry in our city and Magni-Fab was led by great men throughout the years such as Jimmy Bearden and the recently retired Wayne Swineford "

Walker said that Grayson County is not overloaded with open warehouse space and that having two soon-to-be vacant buildings in Howe will serve as a lucrative opportunity for another company

"Right now we're just focusing on helping the workers get familiar with Workforce Solutions

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Texoma in order to expedite their next career and guard against a gap in employment," said Walker "No decisions have been made for the location to our knowledge beyond April 30 as far as the building or the equipment "

Magni-Fab Southwest has ownership of 22 acres on each side of US Highway 75 in Howe with two large warehouses

In 1948, Magni-Power Co began manufacturing permanent magnetic equipment for the cotton industry The magnets manufactured by Magni-Power filtered flammable ferrous metals from cotton In 1952, the company moved to its present location on Lincoln Way East, 4 miles east of Wooster, Ohio In 1968, the Magni-Fab Division was established primarily to manufacture fabricated metal products specializing in metal fabrications and stampings in steel, aluminum, and stainless steel up to three-eighth-inch thick

Magni-Fab, which opened in Howe in 1971, had to diversify not soon after and during the oil embargo began to get involved in the telecom industry

The company is operated by Bala and Laks Venkataraman, engineers and brothers, sons of an Indian timber merchant and planter of coffee and tea

Howe Bulldogs Baseball schedule

Bells Lindsay Tournament at Van Alstyne Open Leonard at Bonham at Whitewright Blue Ridge at Bells Van Alstyne Lindsay at Leonard Bonham Whitewright at Blue Ridge

Howe Lady Bulldogs S

Howe High Scho

March 7, Panther Relays at March 21, Farmer Relays, at March 28, Bulldog Relay

April 4, District 10-3A Meet at Van Alstyn

April 11, District 10-3A Run

April 18, Area Track Meet at

April 26-27, Region 2-3A Meet at Whitehouse

May 10-11, 3A State Meet at Austin

Howe Middle School Track

March 5, Panther Relays, at Van Alstyne

March 18, Farmer Relays, at Farmersville

March 25, Bulldog Relays at Howe

Apri 1, District 10-3A Meet at Van Alstyne

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