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October 26, 2023

Amid CT expansion, Farmington manufacturer surpasses $1B in North American sales

RENDERING | CONTRIBUTED A rendering of the planned 55,800-square-foot addition to Trumpf Inc.’s Farmington Industrial Park campus.

Farmington-based TRUMPF Inc. said it surpassed $1 billion in North American sales for the first time in its recently completed fiscal year. 

TRUMPF Inc., the North American subsidiary of German laser-cutting bending and welding technology company TRUMPF Group, reported $1.05 billion in sales revenues in the 2022-23 fiscal year that ended June 30. That was up 33% from the prior year, according to TRUMPF. 

In the U.S. market alone, sales totaled $942 million, the company said. 

The parent company, TRUMPF Group, reported a 27% increase in sales to $5.7 billion. 

In addition to the company’s 58-acre campus in Farmington, TRUMPF Inc. has U.S. facilities in Michigan, California and Illinois.

In March, TRUMPF Inc. broke ground on a 55,800-square-foot advanced manufacturing addition to its Farmington Industrial Park property. The $40-million project is the German manufacturer’s seventh expansion at the site, which includes about 400,000 square feet of operating space between manufacturing, warehousing and offices.

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