MGD Solutions

We Bring Your Product Ideas to Life

At MGD Solutions, we are passionate about turning your product concepts into reality. As a leading product manufacturing company, we specialize in providing end-to-end solutions for businesses looking to bring innovative and high-quality products to market. With our expertise, state-of-the-art facilities, and commitment to excellence, we are your trusted partner in the manufacturing journey.

Design - Inhouse full design services with quick turnaround:
Our team of experienced designers and engineers will collaborate with you to transform your ideas into tangible product designs. From concept sketches to detailed 3D models, we ensure that every aspect of your product is meticulously crafted for functionality and aesthetics.

Develop - Realtime collaboration with our full international team. We understand the importance of refining and perfecting your product before mass production. Our rapid prototyping capabilities allow us to create functional prototypes quickly, enabling you to test and validate your product's performance, functionality, and user experience.

Deliver - Reliable factory to warehouse freight services.
With years of experience in import logistics, we have the knowledge and expertise to navigate the complexities of international trade. We strive to help you optimize costs without compromising on quality. Through our network of trusted partners and efficient supply chain management, we identify cost-saving opportunities and pass on the benefits to you.

Visit mgdinc.com to learn more about the products and services we offer.

www.mgdinc.com
info@mgdinc.com
516-277-0250

President

MGD Brands, Inc.

For over 80 years, MGD Brands has been a global leader in the Fashion Accessories industry. With a corporate culture focused on constant improvement, we continue to excel while so many of our competitors have come and gone.

Chief Operations Officer

Making Chinese Manufacturing and Shipping Less Complicated for American Businesses | President at MGD Solutions

Manufacturing in China is scary.

Without relationships and a presence on the factory floor, the barrier to success is more than just communication:
Agents are taking a cut
You have to wire funds upfront
Shipping is a complicated nightmare that can take months

None of that has to be true.

My grandparents Murray and Goldie Damast (MGD) started the family manufacturing business just shy of 100 years ago. I became the first “IT Department” at 12. 

Today, MGD Solutions helps companies of all sizes from design to delivery:
- Pay nothing upfront
- Pay by credit card when the bill is due
- Get shipments from the factory floor to your warehouse door in as few as 14 days

Business owners, merchandise managers, and entrepreneurs interact with our NY-based team while our team on the ground in our Yiwu, Qingdao and Guangzhou factories make sure your products are manufactured within the standards and timeline you expect. 

But you should know — manufacturing is only half the battle. 

We land multiple containers in the Port of Los Angeles every week. 

And our ocean freight consolidation service means products are delivered: 
- For up to 30% less
- In as few as 10 days
- With customs clearance and freight segregation included

I joined my dad in the office during a school holiday in 1994. 
I’ve seen a lot since then, and here’s what I know:

Manufacturing in China doesn’t have to be scary.  
Shipping doesn’t have to be complicated.

Let’s talk. DM me.

Scott Damast

RioCan Real Estate Investment Trust

Sr. Corporate Accountant- Financial Reporting

Hudson's Bay Company

Senior Accountant

PwC Canada

Senior Staff Accountant

KPMG RESOURCE CENTRE PRIVATE LIMITED

Audit Senior

S.R. Dinodia & Co. LLP

AM Assurance Services

Associate Assurance Services

Kohli Chitkara & Co, Chartered Accountants

- Execute Statutory Audits of various entities for finalization of accounts and audit requirements.
- Performing Substantive procedure as a part of audit program to obtain assurance over 
   assertions.  
- Review the work of audit team and preparation of audit observations for review of team 
  manager/leader.
- Assisting Managers and Partners in drafting reports of Internal Audit and audit sign off.
- Interaction with management & review of Internal Audit reports
- Standardizing & managing the accounting functions of the company and maintaining uniform 
  Accounting practices 
-Monitored statutory compliance and timely payments of statutory dues such as T.D.S, Advance Tax, Excise Duty, VAT, Service Tax; ensuring timely filing of periodical returns.

Assistant Manager - Assurance and Taxation

JSL Ventures Private Limited

Job Responsibilities:

 Preparation of Sales Invoice and recording the import and local purchases.
 Reconciliation of Bank Accounts with Bank Records maintained.
 Reconciliation of Customers and Vendor Ledger Accounts.
 Filing of Quarterly and Annual VAT Returns under HVAT Act 2003.
 Preparation of Documents for S.A.D Refund. 
 Assisting External Auditors towards finalisation of financial statements
 Maintaining other business related records

Accounting & Finance Associate

CPA with 6+ years of experience in financial reporting, audit, and risk assessment across varied industries (such as real estate, retail, insurance and financial services. Previously at RioCan, Hudson’s Bay Company and Ernst & Young, managing complex audits, intercompany reconciliations, and stakeholder reporting. Proficient in GAAP (IFRS, ASPE), financial systems (Workiva, Oracle HFM, Caseware), and audit tools to drive efficiency and accuracy. Known for transforming complex data into strategic insights and fostering strong client and team relationships. 

Open to connecting on financial leadership and transformation opportunities.

taplio

The Battle

Scott Damast

Yuvraj S, CPA

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