TPT March 2007

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18 March/April 2007
Industry News
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Trumpf Inc, USA, has begun construction
on a new research and manufacturing
facility that will be used to further develop
new lasers. This high-tech facility – intended
to expand the company’s production of
laser resonators – will add 83,000ft 2 to the
existing Trumpf premises in Farmington,
Connecticut.
The building will feature a new production
hall designed for the manufacture 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 Mr 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 subsidiary of the Trumpf
Group, a privately-held company
headquartered in Germany and recognised
as a world leader in industrial laser
production. In Connecticut,
Trumpf manufactures
precision laser cutting and
punching machinery, and
gas and solid-state laser
resonators.
With US sales revenue that
grew to US$376mn in the last
fiscal year, the company has
invested US$15.1mn in local
R&D in order to maintain a
leading position in state-of-
the-art laser technology. Says
Mr Biekert, “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.”
Construction of the new building is expected
to be completed by the end of 2007, with
an estimated cost of over US$20mn. The
company hopes to open the building in
early 2008.
Trumpf Inc – USA
Fax: +1 860 255 6424
Email:
Website :
Enventure acquires Triad
Pipe & Steel Co
Enventure Global Technology, USA, has
acquired Houston-based Triad Pipe & Steel
Company, a supplier of specialty OCTG to
the oil and gas industry. Owned by Shell
Technology Ventures and Halliburton Energy
Services, Enventure provides expandable
tubular and drilling management solutions
to operators worldwide.
With the purchase of Triad, Enventure has
recognised an opportunity to provide an
added element of service to its customers.
A leading provider of solid expandable
tubular (SET®) solutions, Enventure say its
customers will now have the same quick
access to speciality pipe provided by Triad
to its customers for over 25 years.
Mr Robert Hinkel, president and chief
executive officer of Enventure, said, “Triad
took the conventional business of supplying
oilfield tubulars and created a unique value
proposition for its customers by offering
outsourced supply chain services. Both
companies’ cultures and product offerings
complement each other, making this a great
fit for our growth strategy.”
Mr Gene Jorgensen, Triad’s president,
claimed the acquisition would be mutually
beneficial. He said, “Triad can now
accelerate its growth beyond the Gulf of
Mexico where we’ve been very successful.
With access to Enventure’s established
markets we will be better positioned.
Additionally, Triad customers will benefit
from the financial, technical and operating
resources Enventure adds.”
Enventure Global Technology – USA
Fax: +1 281 552 2201
Email:
Website:
Trumpf breaks ground on new laser
building in Connecticut
› Trumpf management helping to lay the foundation of the new
research and manufacturing laser facility in Connecticut