OMAX Corporation plans to join forces with Hypertherm

OMAX is now a proud member of the Hypertherm family.

As one of the world's top waterjet manufacturers, we are excited to officially join forces with a company that shares our values and vision to deliver the industry’s broadest and most technologically advanced line-up of waterjet products. We are confident the combination of OMAX with Hypertherm will advance our strategy of delivering customer focused products and services.

As a wholly owned subsidiary of Hypertherm, OMAX will continue to provide innovative waterjet solutions as well as world-class aftermarket service with the added resources of a global company.  It’s a combination that will allows us to accelerate new waterjet technologies through engineering and research collaboration, strengthened global logistics and reach, and continued customer focus.

 

Hypertherm and OMAX Q&A

Q. Who is Hypertherm?
A. Hypertherm is a New Hampshire based company that makes plasma systems and waterjet pumps, laser products, and cutting software used by companies worldwide to cut material like steel, aluminum, and granite. The company was founded more than 50 years ago, is employee-owned, and has more than 1,400 Associates around the world. The similarities to OMAX are striking. It is not a publicly traded company, is a market leader founded by engineers, strongly believes in research and development, and is focused on its customers and employees with a remarkably similar and complementary culture.

Q. Why has OMAX decided to make this change?
A. OMAX’s founders, John Cheung and John Olsen, devoted their careers to building OMAX into the industry leader it is today. They have been planning the future of OMAX for some time and sought to partner with an organization similarly focused on the customer, leading-edge innovations and values-focused leadership, like Hypertherm. Dr. Olsen sadly passed away earlier this year; however, in keeping with their agreed upon plan, Dr. Cheung has proceeded with the transaction and will remain with the organization as a consultant to help ensure a successful transition.

Q. How will this impact our business relationship?
A. We don't anticipate major changes. OMAX will continue to operate as it does today for the foreseeable future. Over time, the two companies will identify and implement opportunities to leverage their combined strengths for further improvements in customer service and support, enhanced technology development, improved partnership, and market reach.

Q. Who should I contact with questions specific to me?
A. Please contact your account manager or customer support as usual.

Q. Will OMAX continue to be based in Kent, WA?
A. Yes, OMAX will continue to operate in Kent as it has for the past 25 years.

Q. Do you anticipate any changes to the product line or availability?
A. No.

Q. Will OMAX lose focus on waterjet with this merger?
A. OMAX will remain focused on the things that have made it a leader in the abrasive waterjet market: aggressive technology and product development along with strong after-sale services, in keeping with its customer-focused mindset.


About Hypertherm:

Designer and manufacturer of industrial cutting products for use in a variety of industries such as shipbuilding, manufacturing, and automotive repair. Its product line includes cutting systems, in addition to CNC motion and height controls, CAM nesting software, robotic software, and consumables. Learn more at Hypertherm.com.

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