“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,” says Omax co-founder and CEO John Cheung. “The Hypertherm culture and business philosophy is remarkably similar and complementary to Omax, and I have no doubt the company I founded will keep a keen focus on the needs of our customers, as we have done for the past 25 years. Omax, and all it stands for, is in great hands with a very bright future ahead of it.”

Hypertherm president and CEO Evan Smith adds: “We are confident that the combination of Omax and Hypertherm will advance our strategy of delivering diverse, technology-driven cutting solutions focused on dramatic improvements in customer outcomes. In uniting with Omax, Hypertherm can combine the strengths of two highly talented engineering groups – Omax engineers in Washington state with our waterjet group in Minnesota – to accelerate new waterjet technologies to market. We have great respect for Omax and its products, and look forward to working closely with the Omax team to build upon its founding legacy.”