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IPG Provides Update on Russian Operations

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OXFORD, Mass., April 4, 2022 — In a statement on its website, IPG Photonics shared information about the company’s Russian operations. Last month, IPG announced continued production at its Russian operations. In a March 3 press release, the company said that it suspended further capital investment in Russia other than for maintenance and nonmaterial items. From IPG: IPG Photonics Corp. hopes that the tragic crisis in Ukraine reaches a resolution as swiftly as possible and our thoughts are with all of those who have been impacted. Our top priority continues to be the safety and well-being of our employees and...Read full article

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    Published: April 2022
    BusinessIPG PhotonicsEuropeAmericas2022 War in UkraineRussiaUkraine

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