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IPG Photonics Corp.

Jan 2013
Fiber laser maker IPG Photonics Corp. of Oxford, Mass., reported another double-digit profit and revenue growth, this one for the third quarter of 2012, which ended Sept. 30. Profit increased to $42.4 million, up 29 percent from 2011’s $32.9 million. Revenue increased 21 percent year over year, from $129 million to $156 million. Once again, the increase was attributed to growth in high-power and pulsed laser sales for materials processing applications. Cutting and welding applications in automotive and general manufacturing in the US and Europe, as well as marking and engraving in consumer electronics, were the main drivers for the record performance. The company’s products also have applications in the medical field.

The process of forming a lens to a given pattern, or of cutting a piece of glass along the line of scratch.
optical fiber
A thin filament of drawn or extruded glass or plastic having a central core and a cladding of lower index material to promote total internal reflection (TIR). It may be used singly to transmit pulsed optical signals (communications fiber) or in bundles to transmit light or images.
AmericasAsia-PacificautomotiveBiophotonicsBusinessconsumer electronicscuttingearningsEuropefiber amplifierfiber lasersfiber opticsgrowthindustrialIPGIPG PhotonicsJP Sercel AssociatesJPSAMassachusettsmaterials processingmicroprocessingoptical fiberopticspulsed lasersRapidScanrevenueRussiathird quarterValentin Gapontsevweldinglasers

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