ISP Optics Has Acquired the Coating Assets of Opticorp Inc.
ISP Optics Corporation of Irvington, New York, a leading manufacturer of precision infrared optical components,
has acquired the coating assets of Opticorp Inc., of Chelmsford, MA
, a provider of high quality infrared optical coatings.
The DAK Group, an Investment Banking firm headquartered in Rochelle Park, NJ, served as financial advisor to ISP Optics.
In combining the expertise and technology of these two leading edge optical companies, ISP Optics continues its vertical integration in the infrared industry,
striving to provide its customers with complete infrared optics solutions.
David Smith, the owner of Opticorp Inc., will continue as the manager of coating operations for ISP Optics.
Mr. Smith stated: “We are very enthusiastic about our new relationship with ISP Optics. We have been providing optical
coatings to ISP Optics for many years, and the quality of their optics and the knowledge of their staff has always been first rate.
Our combined experience in optical fabrication, diamond turning, and optical coatings will allow ISP Optics to provide a
streamlined experience for our customers, allowing us to provide quality and performance in less time."
Joseph Menaker, President of ISP Optics was pleased to announce the acquisition: “It is very exciting to welcome on board
the extremely capable, devoted and experienced group of people from Opticorp. We have been doing business with Opticorp for
many years, during which time they have always delivered high quality and reliable coatings to us. We are certain that the
addition of Opticorp will open new strategic venues for ISP Optics and enhance our product offering to our customers.”
ISP Optics in the WIYN telescope.
ISP Optics supplied 10 lenses and window which were used in
In the near-IR camera that is mounted on the 3.5 meter WIYN telescope at Kitt Peak. See detailes at:
WIYN MISSION
ISP Optics custom lenses were used in the design
of Michigan Infrared Combiner.
August 2007, Infrared Combiner willl be used
together with multiple telescopes to view Altair’s bulging middles.
The full article Spinning
Star was published in August 2007 issue of Photonics Spectra.
ISP Optics Expands Diamond Turning Operations.
June 2006. In order to meet the increasing demand for
infrared optics ISP Optics of Irvington NY has expanded its diamond
turning operations by moving to a brand-new, temperature controlled
facility and adding two new Nanotech 250 UPL single point diamond
turning lathes.
ISP Optics has also hired Joe Washer to head the Diamond Turning
Department.
Mr. Washer was previously employed as DT Manager of Exotic Materials
and held various positions at Nanotechnology Systems and Precitech
.
ISP Optics Started the Manufacturing of Diffractive
Surfaces
December 2005. ISP Optics started the production of infrared
diffractive optics at Irvington, NY plant. The infrared diffractive
surfaces are manufactured on a single point Nanotech 350 UPL diamond
turning lathe. The inspection of the infrared diffractive optics
performed on Taylor Hobson Form Tallysurf, ZYGO NewView microscope
and ZYGO GPI interferometer. The computer code to fabricate the
diffractive surfaces is generated by DIFFSYS software.
Exclusive Rights Agreement Signed
May 2, 2005: ISP Optics Corporation (ISP Optics) and Ohyo
Koken Kogyo Co., LTD (OKEN) signed a two-way exclusive rights
agreement to distribute each other optical products in Japan and
USA accordingly. OKEN www.oken.co.jp is a Japanese manufacturer
of high quality single crystals of large diameter grown using
refined materials by Bridgman-Stockbarger Method.
"Deep Impact"- ISP Optics Inside
The ISP Optics CaF2 prisms were used in the
NASA "Deep Impact" mission. Please see the CNN.com article about
"Deep Impact" mission below:
Deep
Impact CNN Story
Hindsight may be 20-20, but optics firm sees future clearly
Westchester County Business Journal, November 22, 2004 Vol 43. No. 47
Mark Lifshotz and Joseph Menaker , co-founders of the
optical manufacturing company.
By DAVID GURLIACCI
ISP Optics Corp. of Irvington felt the recent recession "almost
immediately" in late 2001, company President Joseph Menaker said.
And the response of the company, which makes optical devices for
scientific products, was to invest more money in its factories
and equipment.
That strategy appeared to fly in the face of common sense, but
while the company went through difficult times, Menaker said,
it had to think ahead. "We knew it (the recession) would be over
sooner or later. In order to grow, you need a lot of investments
up front to ramp up production, to buy more raw materials, and
to train people."
Last year the company started hiring more of its highly skilled
workers, "who need six to 12 months of training just to get to
some basic level," he said.
That investment has been paying off for about a year now. In the
first nine months of this year, the company grew 38 percent, compared
with the same period a year before. In all of 2003, he said, ISP
Optics grew only 8 percent.
ISP's current growth comes at a time when the photonics industry
- businesses that make scientific instruments involving the use
of light - is growing at roughly 5 percent to 15 percent, said
Wendy Laurin, group publisher of Photonics Spectra magazine. ISP's
segment of the industry - infrared optics - is growing somewhat
faster, but not as high as 38 percent, she said.
Infrared optical equipment - often consisting of high-quality
lenses, prisms and fibers - is used in a wide variety of instruments,
including NASA telescopes, medical equipment and night-vision
devices used by the military.
ISP has a history of investing in technology and a history of
high growth. This year, for the fourth time in a row, it was named
a "New York Technology Fast 50" company by Deloitte & Touche L.L.P.
The award is for fast growth of a technology company over a five-year
period. ISP ranked No. 43 on the list, with total growth of 44
percent over the five years from 1999 through 2003.
One factor in ISP's success has been a combination of attention
to high quality as well as fast delivery, Menaker said. To accomplish
both, the company has emphasized staff training in modern management
techniques.
"It requires a lot of discipline, a lot of training and a lot
of effort just to train our people," Menaker said. Even though
labor costs are relatively low in former communist countries,
he said, ISP Optical doesn't compete so much by undercutting prices
as by investing more in quality and good service.
Richard Santos, senior purchasing agent for Zygo Corp. of Middlefield
, Conn. , is one of the impressed customers. "They were very responsive
in terms of meeting my time schedules," he said. "We've been very
happy with them. The thing we look for is price and (quick) delivery,
and quality - and their delivery for us has been 100 percent on
time.
"Our plans are to move more toward assemblies and systems," he
said, "to step up our production - not to be a component manufacturer,
but maybe assembly for optical systems."
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