Hypertherm, US-based Industrial Cutting Tools Manufacturer Suspends Business Operations in Russia

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HANOVER, NH, USA, Mar 16, 2022 – Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, is suspending business in Russia. Like much of the world, the company is outraged by the military invasion taking place in Ukraine. As a result of the increased aggression, loss of life, and the severe humanitarian crisis caused by the displacement of more than 2 million people, Hypertherm has made the decision to suspend all business activity in Russia until further notice. The company’s thoughts are with the citizens and residents of Ukraine.

About Hypertherm

Hypertherm plasma and OMAX waterjet cutting products are engineered and manufactured for use by companies around the world to build ships, airplanes, and railcars, construct steel buildings, fabricate heavy equipment, and more. Its products include industrial cutting systems, CNCs, and software trusted for performance and reliability that result in increased productivity and profitability for hundreds of thousands of businesses. Founded in 1968 and based in New Hampshire, Hypertherm is a 100 percent Associate owned company, employing more than 1,800 Associates, with operations and partner representation worldwide. Learn more at https://www.hypertherm.com and https://www.omax.com.