Hypertherm receives Communitas Award for Leadership in Community Service and Corporate Social Responsibility
Hypertherm, manufacturer of plasma, laser, and waterjet cutting systems, today announced its selection as a Communitas Award winner for 2015. Hypertherm was selected for leadership excellence in the combined areas of community service and corporate social responsibility.
The Communitas Awards recognize businesses, organizations, and individuals that are unselfishly giving of themselves and their resources, and those that are changing how they do business to benefit their communities. Judges found Hypertherm clearly demonstrated the spirit of communitas, a Latin word that means people coming together for the good of a community, with work spanning multiple categories. Demonstrated categories covered volunteerism, philanthropy, and ethical, sustainable business practices.
For volunteerism, judges considered Hypertherm’s Community Service Time program which provides Associates around the world with 24 hours of paid time off each year to volunteer. Philanthropic work was demonstrated by financial support through the HOPE (Hypertherm Owners’ Philanthropic Endeavors) Foundation which last year awarded nearly 90 grants to nonprofit organizations. Finally, ethical, sustainable business practices were underscored by Hypertherm’s environmental work and corresponding goals, its safety program, continued investment in Associates, and culture of ethics and transparency.
“Hypertherm is humbled to receive the Communitas Award and what it represents,” said Jenny Levy, vice president of corporate social responsibility for Hypertherm. “As an Associate-owned company, we are committed toward a triple bottom line approach that places equal emphasis on people, planet, and profit.”
Hypertherm designs and manufactures advanced cutting products for use in a variety of industries such as shipbuilding, manufacturing, and automotive repair. Its product line includes plasma, laser and waterjet cutting systems, in addition to CNC motion and height controls, CAM nesting software, and consumables. Hypertherm systems are trusted for performance and reliability that result in increased productivity and profitability for hundreds of thousands of businesses. The company’s reputation for cutting innovation dates back nearly 50 years to 1968, with Hypertherm’s invention of water injection plasma cutting. The 100 percent associate owned company has more than 1,400 associates along with operations and partner representation worldwide.