Laser manufacturer Trumpf has invested €20 million in two new production facilities in China, one of which will be operated by the group’s Chinese branch, Trumpf China, and the other by its subsidiary JFY, a manufacturer of laser, punching, and bending machines.

Coherent has made its first investment in the metal additive manufacturing market, with the acquisition of OR Laser

The German equipment manufacturer Manz has received an order in the double-digit million euro range for systems to produce battery cells for electric vehicles

Siemens has invested £27 million in a new UK additive manufacturing facility that will produce components for the aerospace, automotive and power generation industries

Bystronic, a Swiss developer of laser systems for cutting sheet metal, has acquired TTM Laser, an Italian producer of laser-based tube and profile processing solutions

The UK laser industry has urged the UK Government to follow a strategy deploying lasers within production processes to grow the manufacturing sector

A new UK laser marking firm, ES Precision, has been established from ES Technology, the Rofin-Baasel UK subsidiary that was closed because of rationalisations made by Coherent