TRUMPF announced Lutz Labisch as the new president and CEO of TRUMPF Inc. Labisch will be responsible for production, sales and service of TRUMPF’s machine tool and laser technology product portfolio in North America and for the strategy and business operations at subsidiaries in the United States, including Connecticut, California, Illinois and Michigan. He will also oversee operations in Mexico, Canada and Brazil. “Lutz Labisch is strategically an exceptionally adept manager who has proven his great expertise in previous management functions in the finance department of the holding company in Germany and at TRUMPF’s North American subsidiary,” said TRUMPF Group CEO Nicola Leibinger-Kammueller.