Business New Hampshire Magazine Names Hypertherm its Business of the Decade in the Manufacturing and Technology Category

By : Krishna Anindyo | Friday, July 24 2020 - 13:25 IWST

Hypertherm, a U.S. Based Manufacturer of Industrial Cutting Systems and Software
Hypertherm, a U.S. Based Manufacturer of Industrial Cutting Systems and Software

INDUSTRY.co.id - Hanover, N.H. — Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, today announced its selection as a Business of the Decade winner by Business New Hampshire Magazine and the New Hampshire Association of Chamber of Commerce Executives.

Hypertherm earned the top spot for the Manufacturing and Technology category joining organizations in eight other categories including Health Care, Financial Services and Insurance, Retail and Wholesale, and Tourism and Hospitality.

Hypertherm was invited to apply by virtue of its selection as a Business of the Year during the preceding decade. Nearly 50 judges participated in scoring applications through two rounds of competition to determine the winners.

Judges first narrowed the field to three companies in each category weighing each company’s business success, contributions to the community, and industry leadership. A panel comprised of executives from the 2010 Business of the Decade winning companies then undertook the difficult task of selecting one winner in each category.

In considering Hypertherm, judges were impressed by the respect Hypertherm has within the fabrication industry and its reputation for technological and manufacturing excellence. In addition, judges cited the breadth and depth of Hypertherm’s work in the community.

From its Community Service Time program, charitable giving through the HOPE Foundation, and its Substance Use Disorder and Recovery Friendly Workplace programs to its workforce training and STEM program designed to create interest among school aged children in technology and engineering jobs in the Granite State.

“It is almost cliché how much I look to Hypertherm to share their practices around any number of topics. In recent years, they have presented their own work involving substance use disorder, workforce development practices, commuting policies and environmental stewardship,” wrote Clay Adams, president and CEO of Mascoma Bank in his letter of recommendation for Hypertherm.

“At times it seems they are playing chess while the rest of us are still playing checkers. One could write an entire report on the impact Hypertherm has in its communities, the phenomenal growth the company has enjoyed, or their willingness to share in this success with their fellow Associate-owners.”

“While I am sure there are many deserving businesses in New Hampshire, it is nearly impossible for me to imagine a more deserving business for this honor than Hypertherm. They are truly a world-class, triple-bottom-line business success story and an immeasurably important member of the Upper Valley and New Hampshire communities,” wrote Tom Roberts, executive director of Vital Communities at the time letters were submitted.

“Hypertherm's success as a business is legendary…When other businesses in the Upper Valley and throughout New Hampshire are looking for best practices in almost any category, they look to Hypertherm.”

“Hypertherm is humbled and honored by this recognition. It is beyond anything we expected, as we know the caliber of companies who call the Granite State home,” said Evan Smith, Hypertherm’s CEO and president.

“As a company owned by more than a thousand Associates working in New Hampshire, we fully believe that the triple bottom line of people, planet, and profit go hand in hand and are advanced together in our community, especially now as we all face the challenges brought on by the current pandemic.”

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…