TRUMPF Group Announces Financial Results
High-tech company TRUMPF Group announces financial results. Record sales by North American business; more than $1 billion in revenue.
Posted: October 29, 2023
In 2022/23, the company employed some 18,400 people globally, in more than 80 companies throughout Europe, North America, South America and Asia.
Headquartered in Farmington, Connecticut, TRUMPF’s North American subsidiary, TRUMPF Inc. reported a record-breaking 1.05 billion U.S. dollars in sales revenues (+33 percent) for the first time in company history.
In the United States, in addition to the Connecticut campus, TRUMPF Inc. includes Laser Technology Centers in Plymouth, Michigan and Santa Clara, California, the TRUMPF Technology Center in Costa Mesa, California, and the Chicago-area TRUMPF Smart Factory in Hoffman Estates, Illinois, which serves as an Industry 4.0 international center of excellence.
TRUMPF’s North American operations also include facilities in Toronto, Canada and Monterrey, Mexico, as well as TRUMPF Photonics in Cranbury, New Jersey.
TRUMPF offers manufacturing solutions in the fields of machine tools and laser technology. The company is a technology and market leader in highly versatile machine tools for sheet metal processing as well as in the field of industrial lasers. TRUMPF drives digital connectivity in manufacturing through consulting, platform products and software.
The Annual Report is available here.
