Ipsen celebrates 75th anniversary with record revenue and growth
March 4, 2024
Ipsen, headquartered in Cherry Valley, Illinois, USA, celebrated its seventy-fifth anniversary in 2023. In this milestone year, the company also achieved several significant accomplishments, including record revenue and substantial growth.
In 2023, Ipsen shipped more than fifty vacuum furnaces to customers across ten countries, demonstrating its international reach across a diverse user base. Ipsen also reported exceptional performance in the aftermarket sector, where it achieved a 38% increase in replacement hot zone orders for both Ipsen and non-Ipsen furnaces compared to its previous record year.
Due to the increasing demand, Ipsen repurposed its former ceramics facility to expand hot zone production capacity.
Additionally, Ipsen completed ISO/IEC 17025:2017 accreditation for pyrometry services, ensuring its adherence to the highest industry standards. Ipsen also conducted calibration and temperature uniformity surveys costing over $1 million.
Recognising the growing service needs of the industry, Ipsen made significant investments in its workforce during the year. The company hired over sixty new employees in 2023 and established a dedicated team for recruiting and training field service engineers in order to further grow its service presence.
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