Hypertherm acquires AccuStream waterjet

Hypertherm, a U.S.-based manufacturer of advanced cutting systems has announced the acquisition of AccuStream, a Minnesota-based manufacturer of waterjet cutting products.
The acquisition will advance Hypertherm’s strategy of providing customers with the optimum cutting technology for their particular cutting application. At the same time, AccuStream and its customers will receive access to Hypertherm’s substantial engineering resources and global infrastructure.
“AccuStream’s core values and focus on building reliable, highly precise cutting products makes the company a perfect fit for Hypertherm,” said Hypertherm founder and CEO, Dick Couch. “We believe waterjet cutting is an excellent complement to Hypertherm’s existing plasma and fiber laser technologies and look forward to working together to advance the capabilities of waterjet technology.”

Hypertherm does not plan any major changes to AccuStream’s operations. All positions including manufacturing will remain in New Brighton, Minnesota and no workforce reductions or consolidations are planned.
“Hypertherm’s worldwide sales and service infrastructure is ideally suited to expanding the availability and support of our waterjet products,” said AccuStream’s co-founder and president, Eric Chalmers. “I am also excited about joining a company with such a high level of commitment to its team, and focus on developing market-leading technology.”
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