Founded in 1963 as an American manufacturer of consumer products, Mag-Nif has evolved into one of the nation's largest producers of animated coin sorting banks. From the simplest of coin storage banks to the very intricate, automated sorting devices, Mag-Nif takes great pride in introducing creative and innovative products made in the United States. Over the years, Mag-Nif has produced a wide variety of products that range from puzzles and games to trim-a-tree and gift wrap bow-making items. Mag-Nif is a privately owned company that is located in Mentor, Ohio. The company employs approximately 250 people.