Hypertherm Selected as a Best Company

Hypertherm Inc. (Hanover, NH), a U.S.-based manufacturer of plasma, laser, and waterjet cutting systems, has announced its selection as a Best Company to Work for in the state of New Hampshire. This is the twelfth year the company has earned this honor, the most of any company in the state. Additionally, Hypertherm is the only company named to the Best Company Hall of Fame more than once.

The selection was made following an extensive evaluation process that included a review of the company’s benefit packages, career development offerings, amenities, and culture. A panel of judges then conducted interviews with company associates and managers, and toured the company’s New Hampshire facilities.

In ranking the company third on its large companies list, judges applauded the “employee-centered, trust-based culture,” highlighting the lack of time-clocks, no lay-off policy and open-office concept. Judges also applauded benefit offerings that include 100 percent tuition reimbursement, paid time off to volunteer in the community, generous support for families wanting to adopt a child, and extensive health and fitness options.

“We try to emphasize the way all the pieces come together. It’s not just any one thing that we do, but everything we do here that matters,” explains company chief executive officer Evan Smith. “As a 100 percent associate-owned company, our associates understand the importance of teamwork and how it helps us meet our collective goals.”

Founded 18 years ago, the annual Best Companies list is sponsored by Business NH Magazine and New Hampshire Businesses for Social Responsibility. More information is available in this month’s issue of Business NH magazine.

Hypertherm designs and manufactures advanced cutting products for use in a variety of industries such as shipbuilding, manufacturing, and automotive repair. Its product line includes plasma, laser and waterjet cutting systems, in addition to CNC motion and height controls, CAM nesting software, and consumables. These systems are trusted for performance and reliability that result in increased productivity and profitability for hundreds of thousands of businesses.

The company’s reputation for cutting innovation dates back nearly 50 years to 1968, with their invention of water injection plasma cutting. The company has more than 1,300 associates, along with operations and partner representation worldwide.

www.hypertherm.com