CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

TRUMPF Inc.

Manufacturing in CT

Burke Doar, Senior Vice President 4/28/2017

1

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

Women 20 Summit – Berlin, Germany April 25, 2017

2

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

TRUMPF Story TRUMPF Inc. was founded in Farmington, CT in 1969

3

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

TRUMPF in Connecticut

4

A Manufacturing Company with full Sales and Service Network serving the NAFTA Market

Employees Approximately 1,000 in the U.S. 500 in Connecticut - $45M in Payroll & Benefits Over 100 degreed engineers

Financial Information

Sales exceed $1B over the last 24 months Assets $375M No debt

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

TRUMPF in Connecticut

5

Manufacturing in North America TRUMPF designs and produces precision punching machinery and tools, highly-

accurate laser machinery, and solid-state laser resonators, and laser diodes. The laser factory in Connecticut is the premiere solid-state laser manufacturing

facility for industrial applications in the United States. Facilities

Approximately 400,000 square feet in Farmington, CT Lean manufacturing and state-of-the-art production Research and development laboratories IACET-certified training center Service center equipped with remote diagnostic capabilities Customer and Technology Center for consultations and demonstrations

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

Sheet Metal Parts & Industries

6

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

CT companies use TRUMPF machines and lasers for their success 12 examples:

7

Sound Manufacturing Ansonia Steel Ram Specialty Fabrication Wiremold / LeGrand AdChem Manufacturing Technologies Pratt & Whitney Siemon Company EBM Pabst Accurate Lock and Hardware The Lee Company Whitcraft Jarvis Products Corporation

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

North America - sheet metal fabrication

8

North America’s metal fabricators are investing in new machine tools, lasers and services to increase their output per worker, reduce their material costs and lower the overall cost per part.

They insist on:

reliability

flexibility

productivity

automation

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

Approved on 01/06/2015 CT Office of Higher Education

The TRUMPF Inc. Training Center has been approved by the

State Approving Agency (SAA) of the Connecticut Office of Higher Education

to train eligible Veterans Affairs (VA) educational beneficiaries

Education for Veterans in TRUMPF- Training Center

TRUMPF Inc.’s Training center received approval by the CT Office of Higher Education to train VA beneficiaries Rigorous test and audit of the following processes of TRUMPF Inc.’s Training Facility 1. Needs Analysis 2. Course Design/Course Development 3. Course Delivery/Implementation 4. Course Evaluation This approval helps veterans to receive tuition-free training on the operation, programming, and maintenance of industrial machines and high power lasers.

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

The speed of innovation

10

Greeting the Pope 2013 Greeting the Pope 2005

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017 CBIA ECONOMIC UPDATE, Burke Doar

TRUMPF Inc.

Burke Doar, Senior Vice President 4/28/2017

THANK YOU

CBIA ECONOMIC UPDATE, Burke Doar 4/28/2017

Our History Important innovations and milestones

12