How large is IPG?
• IPG was the 4th largest maker of laser sources at the end of 2007 (measured by total sales) • As a result of the growing acceptance of IPG’s all solid-state fiber lasers across numerous industries and applications, IPG’s sales grew 32% in 2007 to $189 million from $143 million in 2006 • IPG has over 400,000 sq. feet of manufacturing space in the US, Germany, Italy and Russia • IPG has sales and service centers in the US, Germany, UK, Italy, Russia, Japan, China, Korea and India.