TRUMPF Breaks Ground on New Laser Building in Connecticut

from left to right: Rolf Biekert, President and CEO of TRUMPF Inc.; Governor M. Jodi Rell; Peter Leibinger, Executive Vice President and Vice Chairman of the TRUMPF Group Managing Board
from left to right: Rolf Biekert, President and CEO of TRUMPF Inc.; Governor M. Jodi Rell; Peter Leibinger, Executive Vice President and Vice Chairman of the TRUMPF Group Managing Board

FARMINGTON, Conn., November 21, 2006 – A new laser building being built on the campus of Farmington-based TRUMPF Inc. is a reminder of the strength of Connecticut’s high-tech manufacturing sector. Today, the company breaks ground on a new research and manufacturing facility that will be used to further develop new lasers, expand the company’s production of laser resonators, and maintain their leadership in state of the art laser technology.

This high-tech facility will add 83,000 square feet to the existing TRUMPF Inc. campus. The building will feature a new production hall designed for the manufacturing of different types of CO2 and solid-state laser resonators, as well as a laser research lab and laser development department. The building will also house the company’s laser marking application and sales group and give the information technologies department a larger area for a state-of-the-art server room.

“This new building means much more than just more space,” said Rolf Biekert, president and CEO of TRUMPF Inc. “It is a concrete example of our long-term commitment to the community, the region, the market, and of course to our employees. The new building means new products, new markets, new jobs, and new opportunities for all of us.”

"TRUMPF Inc. is a great Connecticut success story,” Governor M. Jodi Rell said. “The high-tech manufacturer began with just a few employees in 1969 and today its annual sales exceed $300 million. TRUMPF's newest expansion reinforces the message that Connecticut as a business location provides tremendous opportunities for growth, profitability and innovation." TRUMPF Inc. is a subsidiary of the TRUMPF Group, a privately-held company headquartered in Germany and recognized as the world leader in industrial laser production. Here in Connecticut, TRUMPF manufactures precision laser cutting and punching machinery, and gas and solid-state laser resonators. The company employs 650 people in the United States, the majority of which work at the Farmington, Conn. facility. In its last fiscal year, the company’s sales revenues grew to $376 million in the United States and the company reinvested $15.1 million in local R&D.

Building a new laser facility reflects the growth that TRUMPF has experienced in recent years. “This new building will help us maintain our leadership position in the laser industry, further expand our laser production, and stay at the forefront of laser research and development,” adds Biekert.

Construction of the new building is expected to be completed by the end of 2007 and is estimated to cost more than $20 million. The company hopes to open the building in early 2008.

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TRUMPF is one of the world's largest producers of fabricating machinery and a world market leader in lasers used for industrial production technology. Additional company information is available at:
www.us.trumpf.com


 

© 2008 TRUMPF, 2008-02-04