Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

IPG Photonics And Miller Electric Mfg. LLC Announce Strategic Technology Collaboration To Deliver Leading Laser Solutions To The Handheld Welding Market

Author: Benzinga Newsdesk | November 07, 2023 10:00am

IPG Photonics Corporation (NASDAQ:IPGP), a global leader in fiber laser technology, and Miller Electric Mfg. LLC, a leading worldwide manufacturer of arc welding products, today announced a strategic partnership with a goal to further promote laser solutions for handheld welding applications.

 

The combination of IPG Photonics' expertise in fiber laser technology and Miller's extensive knowledge of the unique needs of traditional welding methods will bring ease of use, speed and precision, transforming the handheld welding process.

Welding Innovation

IPG Photonics and Miller Electric are renowned for their unwavering commitment to innovation and are synonymous with quality and reliability. The alliance will advance laser technologies for the handheld welding market and reshape the landscape of welding tools to provide welders with powerful, efficient, and precise solutions that meet the demands of modern welding applications. The partnership will deliver dependable solutions that welders can rely on for their critical tasks.

"We are excited to embark on this partnership with Miller Electric, as it allows us to pioneer new frontiers in handheld welding technology. Our combined expertise will empower welders with next-generation laser solutions that redefine what's possible in precision welding," said Trevor Ness, SVP Worldwide Sales and Strategic Business Development at IPG Photonics.

Industry Transformation

This partnership will usher in a new era of handheld welding solutions, offering welders access to next-generation laser technology by understanding and addressing their unique needs, ensuring that solutions are customized to suit their specific requirements. Both companies bring unique expertise to develop specific solutions to address customer challenges, and together they will further advance and bring to market products which are easy to learn and operate while offering unmatched benefits.

"Miller has a rich history of driving advancements in welding technology. Teaming up with IPG Photonics represents a significant step toward providing welders with state-of-the-art tools that enhance their capabilities," added Dave Lambert, group president of sales and marketing at Miller.

Posted In: IPGP ITW

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist