Hypertherm is a nearly 50 year old company that designs and manufactures plasma, laser, and waterjet cutting products for use in a variety of industries such as shipbuilding, manufacturing, and automotive repair. In addition, Hypertherm offers CNC motion and torch height controls, along with CAM software. The company is headquartered in Hanover, off of Great Hollow Road, but has numerous facilities in the Upper Valley where it engineers and assembles its products before shipping them to locations around the world. Hypertherm is 100 percent Associate owned, meaning its employees own the company. The company, consistently named a Best Place to Work, currently employs about 1,400 people.