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Recently, BLM GROUP USA, a leading manufacturer of laser tube and sheet metal processing equipment, announced that its North American headquarters in Novi, Michigan has officially started construction, with plans to add 65000 square feet of modern facilities. It is expected to be completed and put into use in the third quarter of 2025.The specific investment amount for this expansion has not been ...
Hanbit Laser, a South Korean laser equipment manufacturer, has recently completed an important step in its strategic layout for the Southeast Asian market. Recently, the company officially opened a laser application center in Hanoi, Vietnam, and entered the local mid to low price equipment market by integrating laser technology and automation solutions. This is a substantial progress in implementi...
Recently, Hamamatsu Photonics in Japan completed the construction of a new building at Miyakoda Manufacturing Co., Ltd. in Hamami ku, Hamamatsu City. The completion ceremony was held on July 29th, and the factory will start full production in November 2024, increasing overall production capacity by 2.5 times.Source: Hamamatsu PhotonicsIt is reported that Hamamatsu Photonics focuses on the developm...
Zygo Corporation, a business unit of AMETEK, announced that it will be showcased at the D28 booth of the Space Comm Expo held in Farnborough, UK from March 6th to 7th this year.Space Comm showcases the end-to-end supply chain of products, services, and applications that provide information and technological development for commercial aerospace enterprises, governments, and defense organizations, p...
Recently, Fabrinet released its financial report for the three months ended December 27, 2024, showing that its sales and revenue exceeded expectations. During the reporting period, the company achieved sales of $834 million, a year-on-year increase of 17%. Net income increased by 25% during the same period, reaching $86.6 million.Although the growth in performance is still dominated by the optica...