Magpul Industries Corp. | 41,034 followers on LinkedIn. UNFAIR ADVANTAGE | Magpul was founded in 1999 with the idea of developing a simple product to aid in the handling of rifle magazines under stress. The company name comes from this original product, called the Magpul. Over the last 22+ years, Magpul has continued to grow and develop, following the same mission and processes and focusing on innovation, simplicity, and efficiency.