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Because of the volatility of the semiconductor market at the end of 1992, Excel Technology acquired both Quantronix and Control Laser.
1993 Mazak patents a one-pass load/unload automation system.
2000 Mazak becomes the first laser manufacturer to offer parts sorting for laser machines.
In 2001, TYKMA Technologies is formed, eventually becoming TYKMA and merging with Electrox.
2005 Mazak dissolves Nissho Iwai into Mazak Optonics Corporation and introduces the first completely automated setup function for lasers.
In 2007, the Italian technology company Salvagnini began heavily investing in the development of fiber lasers that could cut sheet metal.
The L1Xe fibre laser, capable of cutting up to 18mm thick steel, was introduced to the world at the EuroBlech exhibition in 2008.
Salvagnini shipped its first fibre laser cutter in March 2009.
The company then shipped its first model in 2009.
Fibre is the newest form of laser cutting, with commercial machines only coming onto the market in 2009
2011 Mazak Optonics Corporation introduces the Optiplex Fiber laser-cutting system.
In November 2012, Control Laser’s equity was fully acquired by Hans Laser group.
2013 Mazak Optonics Corporation expands the 12 year partnership between Mazak Europe and TekMag, an Italian automation systems manufacturer, by delivering customized laser automation solutions to the North American market.
2020 New system, #FALIT® TRIO, Non destructive laser decap with ECO-blue solvent.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ashley Ward | 1908 | $19.0M | 100 | 4 |
| Bunting Bearings | 1907 | $50.0M | 249 | - |
| Accurate Products Mfg. Corp. | 1968 | $4.4M | 50 | - |
| Carr Lane Manufacturing Co. | 1952 | $18.0M | 100 | 6 |
| Bonney Forge | 1876 | $540,000 | 50 | 15 |
| Bimba Manufacturing | 1957 | $88.0M | 375 | - |
| M&M Manufacturing | 1958 | $190.0M | 750 | - |
| Pace Industries | 1970 | $770.0M | 3,000 | 34 |
| Vermont Precision Tools | 1968 | $25.0M | 150 | 14 |
| IDeL | 1958 | $13.9M | 30 | - |
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Laser Cutting may also be known as or be related to Laser Cutting, Laser Cutting Corporation and Laser Cutting, Inc.