This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Going Green: Magnus International Group Founder Eric Lofquist Named Ernst & Young National Entrepreneur Of The Year® 2012 Distribution And Manufacturing Category Award Winner

Encouraging investors to believe in the vision

Lofquist funded Magnus through a combination of personal finances and debt financing from regional banks. In the beginning it was difficult to convince banks and customers to believe in Magnus' capabilities and Lofquist's vision. However, a large return on invested capital allowed the company the ability to move beyond its focus on all-natural waxes and renewable fuels to produce, package and distribute custom, all-natural animal feeds for the dairy, cattle, poultry, swine and equine industries. Today, Magnus companies convert vegetable oils into natural, renewable materials used by some of the biggest brands in business-to-business and consumer products manufacturing, distribution and marketing. 

National Entrepreneur Of The Year 2012 Distribution and Manufacturing Category finalists

In addition to Lofquist, the Ernst & Young National Entrepreneur Of The Year Distribution and Manufacturing finalists were: Larry Lukis, Chairman and Founder, and Brad Cleveland, President and CEO, Proto Labs, based in Maple Plain, Minn., a world-leading manufacturer of custom parts for prototyping and short-run production; Mike Buchen, CEO, SKYDEX Technologies, Inc., based in Kansas City, Mo., is a solutions-based company focused on blast mitigation, cushioning, impact absorption and vibration reduction; and Daniel Jones, CEO, Encore Wire, based in McKinney, Texas, one of the nation's top manufacturers of electrical building wire.

National Entrepreneur Of The Year ® 2012 Overall Award winner

Hamdi Ulukaya, Founder of Chobani, was named the Ernst & Young National Entrepreneur Of The Year ® 2012 Overall Award winner.

Video and photos

To view video clips of all of the Entrepreneur Of The Year winners, please visit ey.com/us/eoy. Photos of the winners are also available by request.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored in the United States by SAP America and the Ewing Marion Kauffman Foundation.

About Ernst & Young's Entrepreneur Of The Year

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in 50 countries.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,630.27 +189.68 1.09%
S&P 500 2,093.25 +25.61 1.24%
NASDAQ 5,089.2060 +49.43 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs