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In 1968, Hypertherm founder Dick Couch and colleague Bob Dean discovered a way to create a narrower plasma arc, capable of cutting metal more quickly and more accurately than ever before. The company opened its first manufacturing facility in 1975 and continued to expand over the years, receiving ISO 9001 certification in 1992. In 2001, Hypertherm became 30% employee-owned, and 2014, it expanded its ESOP to become 100% employee-owned. Learn more at Hypertherm's website.