Central gold winner: IPG Photonics
Recent expansions: In January 2011, the company began construction on a 90,000-square-foot corporate building and two ancillary structures, for a total facility expansion of 102,000 square feet which is well on its way to completion.
Workforce growth: The $18 million expansion will help IPG retain 600 jobs and create an estimated 175 new jobs in a variety of positions in the near future.
The company was named the ninth fastest growing company in the United States by Fortune’s Top 100.
Pictured: Bill Shiner, vice president of sales and marketing at IPG Photonics.