Company Fact Sheet
Hypertherm designs and manufactures the world’s most advanced metal cutting systems for use in a variety of industries such as shipbuilding, manufacturing, and automotive repair. Its product line includes handheld and mechanized plasma cutters and consumables, as well as CNC motion and height controls. Hypertherm systems are trusted for fast, precision cutting and reliability that results in increased productivity and profitability for tens of thousands of businesses. The Hanover, New Hampshire based company’s reputation for plasma innovation dates back 40 years, to 1968, with Hypertherm’s breakthrough invention of water injection plasma cutting. The company, consistently named one of the best places to work in America, has more than 1000 associates along with regional operations and partner representation worldwide.
Key Company Facts Founded In Hanover in 1968 by Richard Couch, Jr. and Bob Dean Headquarters Hanover, New Hampshire Number of associates* More than 1000 worldwide 900 in the Upper Valley 30 outside the Upper Valley, in other North American locations 100 Internationally in Latin America, Europe, Asia, and Australia State of Residence for Upper Valley Associates 75% New Hampshire 25% Vermont Countries where Hypertherm products are sold 60 Number of patents 75 Annual Revenue between $250 and $500 millionHypertherm Property Facts Number of acres owned on Great Hollow Road 120 Number of acres on Heater Road (undeveloped property) 23 Number of Hypertherm occupied buildings in the Upper Valley (either leased or owned) 8 Combined square footage for all 8 Upper Valley buildings Approx. 250,000 21 Great Hollow Road (main headquarters): 135,000 square feet 15 Great Hollow Road: 23,000 square feet 100 Etna Road: 25,000 square feet 88 Etna Road: 17,700 square feet 82 Etna Road: 6,400 square feet 2 Technology Drive: 14,000 square feet 5 Technology Drive: 15,000 square feet 16 Airpark Road: 15,000 square feet
Hypertherm Dollars Returned to the Upper Valley Economy Property taxes Total Upper Valley (Hanover and Lebanon property) $290,000 Hanover today: approx. $130,000 Hanover projected: $300,000 Total annual Upper Valley Payroll for 2007 $52 million
Product Categories Handheld and entry level plasma cutting systems such as the Powermax line Mechanized cutting table systems marketed under the HySpeed, HyDefinition, and HyPerformance names Laser cutters Computer numerical controls Consumable products (such as replacement torches) sold under the Hypertherm and Centricut brands ______________ * permanent associates only, approximate numbers as of 1/1/08.
- www.hypertherm.com
