News

Hypertherm Suspends Business in Russia

Hypertherm Suspends Business in Russia | THE SHOPHypertherm, a U.S.-based manufacturer of industrial cutting systems and software, is suspending business in Russia, the company announced.

The suspension includes a stoppage of all sales and service in the country, Hypertherm representatives said.

“Like much of the world, the company is outraged by the military invasion taking place in Ukraine. As a result of the increased aggression, loss of life, and the severe humanitarian crisis caused by the displacement of more than 2 million people, Hypertherm has made the decision to suspend all business activity in Russia until further notice,” Hypertherm representatives said. “The company’s thoughts are with the citizens and residents of Ukraine.”

A.J. Hecht

A.J. Hecht is the digital content editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at ahecht@cahabamedia.com.

Related Articles

Back to top button