History

MM Composite is a young company with a long history and expertise. The company was founded in 2011 by Mogens D. Marxen and Kent B. Madsen, but the expertise and interest in composite production has existed since 1979, when Mogens D. Marxen, one the founders of MM Composite, founded Marxen A/S. As a boat builder, Mogens D. Marxen specialized in surface treatments of fiberglass. In 1995, the interest and activities for wind turbine industry began, and the company quickly expanded.

1979	Marxen A/S was founded on Funen as a boat builder specializing in surface treatments. The company was domiciled at Industrivej 6, Nr. Aaby, with a branch located in Bogense.
1995	A strategic decision was made to enter the wind turbine industry, and this resulted in a change of the company. In cooperation with Bonus (now Siemens Wind Power), the serial production of high quality composite parts was established. The development and production relocated to Nr. Aaby on Funen.
1999	The production of a new type of wind turbine blade was established by Siemens and new production facilities were built in order to handle these new blades.
2000	The company grew and employed around 100 people.
2006	Marxen A/S sold off a part of the company and focused on the wind turbine industry.
2008	Marxen A/S was bought up by a larger company with the intent to gather some of the subcontractors to the wind turbine industry.
2011	In January 2011, Mogens D. Marxen and Kent B. Madsen got the opportunity to continue the company, which they did. Thus, MM Composite was founded.
2012	MM Composite Inc. was established in Fort Madison, Iowa, USA, as a subsidiary company of MM Composite.
2014	MM Composite expanded the capacity with new facilities in 5592 Ejby, Denmark.
2015	MM Composite Inc. relocated to new and bigger facilities in Mt. Pleasant, Iowa.