II-VI Incorporated increases ownership in HighYAG to 100 percent
Stahnsdorf, Germany - HighYAG Lasertechnologie GmbH (HighYAG) has announced that II-VI Incorporated has increased its ownership in HighYAG to 100%. Being a majority-owned subsidiary of II-VI Incorporated since 2008, HighYAG is now fully owned by II-VI Incorporated.
II-VI Incorporated uses its expertise in engineered materials growth, optics fabrication, thin-film coating, and component manufacturing to create high-tech products for a wide range of applications and industries.
In conjunction with this change, Mark West has been appointed as new managing director of HighYAG. According to Mark West, also GM of II-VI Infrared (a subsidiary of II-VI Incorporated), HighYAG will continue with its existing mission and strategy: “I am very excited about this opportunity. In the past years HighYAG has developed to a worldwide leader in laser material processing and I want to thank Dr. Wedel, Dr. Lummer and the ongoing core of talented personnel for achieving this reputation for the HighYAG brand. We will continue to invest in HighYAG – its products, employees and facilities in order to grow the business.”
HighYAG’s products for laser material processing can be seen at the exhibition "Schweissen & Schneiden," an international trade fair on joining, cutting and surfacing, in Essen, Germany from September 16-21 at booth J107 in hall 3.0.
HighYAG Lasertechnologie GmbH, a subsidiary of II-VI Incorporated, is a supplier in the laser material processing industry. Its laser processing heads and fiber-beam delivery systems are used for laser cutting and welding as well as for brazing in the advanced manufacturing industry.
Industrial Laser Solutions Editors
We edited the content of this article, which was contributed by outside sources, to fit our style and substance requirements. (Editor’s Note: Industrial Laser Solutions has folded as a brand and is now part of Laser Focus World, effective in 2022.)