Torch Celebrates Opening of Technology Integration and Prototyping Center (TIPC)
Torch Technologies (Torch) virtually celebrated the ribbon cutting of its newest building, the Technology Integration and Prototyping Center. The ribbon cutting was scheduled to be held on March 13, 2020 at Torch's new lab and solutions facility but was canceled due to COVID-19.
TIPC, the newest facility of Torch's growing campus, consists of a 45,000 square foot, two-story research and development building with an attached 5,000 square foot high bay facility. The TIPC facility incorporates offices, labs, engineering design tools, collaborative work areas, meeting spaces, and a high bay and complete machining and fabrication capability.
"It was nearly two years ago that we celebrated the groundbreaking of Torch's Technology Integration and Prototyping Center (affectionally referred to as the TIPC). At that time, we were 750 employee-owners and $348M in revenue," said Torch President and CEO John Watson. "Since then, we have grown to approximately 1100 employee-owners and half a billion dollars in annual sales. A key contributor to this growth has been the investment we made into the TIPC."
The new facility has greatly expanded Torch's capacity to deliver cost-effective design and prototyping solutions for their customers. With the addition of the newest facility, Torch's Huntsville campus now comprises four buildings, and will break ground on a fifth building in April.
Torch, established on October 2, 2002 in Huntsville, Alabama, was founded by Bill Roark and Don Holder. In its first year, Torch had seven employees and one location. Now, with more than 1100 employee-owners in 17 locations in twelve states, one territory, and one foreign country, Torch is lighting the pathway of freedom.