IPG Photonics is the inventor of high-power fiber lasers and world's leading producer of fiber laser technology, which enables greater precision, higher productivity and more flexible production for industrial applications and other diverse end markets. Fiber lasers combine the advantages of semiconductor diodes, including long life and high efficiency, with the high amplification and precise beam qualities of specialty optical fibers to deliver superior performance, reliability and usability. IPG has continually pioneered the development and commercial production of numerous unique technologies related to fiber lasers combining deep materials science expertise and process know-how with a vertically-integrated production model. The company produces all key components of its fiber laser technology in-house, enabling: (1) better performing, higher quality solutions; (2) faster product development; (3) more efficient production methods with high yields throughout the process; (4) industry-low product delivery times; and (5) rapid ongoing cost reduction with an industry-best margin profile.
IPG manufactures the broadest portfolio of fiber lasers, which are used in industrial, semiconductor, instrumentation, medical, scientific, defense and entertainment applications. Our technology is used to make the products or provide the services that touch your life in many different ways each day. These include appliances with stainless steel cut by our lasers, automobiles, aircraft and rail cars made with robotic laser welding, razor blades and smartphones precision welded by our products, and magazines and consumer electronics with printing produced by our marking lasers. Increasingly our lasers are also being used for other diverse applications that include laser-based digital cinema projection, dental and surgical procedures, broadband communications, directed energy, and metal-based 3D printing.
IPG was founded in 1990.
IPG's objective is to maintain and extend our industry leadership position by pursuing the following:
Fiber lasers from IPG offer a combination of benefits to customers. The benefits stem from the all solid-state design of fiber lasers that use semiconductor diodes as the light source to pump specialty optical fibers infused with rare earth ions. Benefits include:
IPG's world headquarters is in Oxford, Massachusetts, and the company has additional plants and offices in more than 25 locations throughout the world.
IPG Photonics' stock is traded on the Nasdaq Global Select Market under the symbol "IPGP."
We have a broad customer base with thousands of customers worldwide. We sell our products globally to OEMs, system integrators and end users in a wide range of diverse markets who have the in-house engineering capability to integrate our products into their own systems. We also sell complete laser and non-laser solutions to end users for their production needs.
We market our products internationally primarily through our direct sales force and also through agreements with independent sales representatives and distributors. We have sales offices in the countries in which we have major manufacturing: United States, Germany and Russia. We also have sales and service offices in the following countries: Brazil, Canada, China, Czech Republic, France, India, Italy, Japan, Mexico, Poland, Singapore, South Korea, Spain, Taiwan, Turkey and the United Kingdom.
We believe that we have numerous competitive strengths, including:
IPG Photonics' fiscal year ends December 31.
IPG Photonics' financial statements are available for viewing in the "SEC Filings" section of our investor relations website. We also offer an Excel-based Financial Data Workbook with our historic financial results dating back to 2006, which is available for downloading in the "Quarterly Results" section of our investor relations website.
IPG Photonics does not currently make dividend payments or have a dividend reinvestment program.
IPG Photonics completed its IPO on December 12, 2006.
The Company's stock, listed on the Nasdaq Global Select Market, can be purchased through your broker or using an online investment service. IPG Photonics does not offer a direct stock purchase plan.
Please check the "Events and Presentations" section of our investor site for updates on upcoming events.
IPG has more than 6,200 employees worldwide.
IPG Photonics' independent public accounts are Deloitte & Touche, LLP.
Please contact IPG Photonics' transfer agent, Computershare, for all shareholder-related questions, including:
PO Box 505000 Louisville, KY 40233-5000 United States (877) 373-6374 or (781) 575-4238
Email Computershare shareholder services here
Please check the "Analyst Coverage" section of IPG's website for a current list of covering sell-side analysts.
Computershare PO Box 505000 Louisville, KY 40233-5000 United States (877) 373-6374 or (781) 575-4238
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