SPI Lasers has announced that it has been increasing investment in people, machinery and sales channel in order to meet the growing demand for its products. The company will release new products during each quarter of 2010. The planned release of its products has resulted in a doubling of manufacturing floor space, the recruitment of operation, engineering and sales functions, and the investment of sales and application development facilities.
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The company will invest in a larger sales channel for a new larger facility in Santa Clara. The facility will expand the company’s applications development capability, and improve its customer meeting areas and office facilities. SPI will also invest into improved stocking and product support facilities in Asia and open a second state of the art application and customer suite in the United Kingdom.
SPI Lasers, a wholly owned subsidiary of the TRUMPF Group, is a leading designer and manufacturer of optical fiber-based lasers for use in materials processing applications in a wide range of industries. Headquartered in Southampton, United Kingdom, SPI Lasers has been operating since 2000 and was admitted to AIM on 26 October 2005. SPI Lasers sells its products globally, and has its major business operations, including research and development, and manufacturing, in the United Kingdom, with additional sales and customer support locations in Asia and North America.
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