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ORLANDO - Laser Photonics Corporation (NASDAQ:LASE) has secured a multi-unit order through MSC Industrial Direct Co., Inc. (NYSE:MSM), a $4.8 billion market cap industrial distributor with a strong track record of 23 consecutive years of dividend payments, for two advanced laser systems to be deployed at a major aerospace manufacturer, according to a press release statement issued Tuesday.
The order includes the CleanTech Megacenter CTIR_5010, an enclosed laser cleaning solution designed for large components, and the LaserTower Little Giant, a marking system for component traceability.
Wayne Tupuola, Chief Executive Officer of Laser Photonics, said the sale "highlights the continued expansion of our distribution partnerships and underscores the growing adoption of laser-based cleaning and marking solutions in advanced manufacturing environments."
The CleanTech system provides surface preparation and coating removal without chemicals or abrasives, while the LaserTower delivers engraving and part marking capabilities.
Laser Photonics Corporation develops industrial laser technologies for cleaning, cutting, engraving and marking. The company serves various sectors including aviation, automotive, defense, energy, maritime and space exploration.
MSC Industrial Direct is one of North America’s industrial distributors. The financial terms of the order were not disclosed in the announcement.
In other recent news, MSC Industrial Supply Co. announced a quarterly cash dividend increase of 2.4%, raising it to $0.87 per share. This dividend will be payable on November 26, 2025, to shareholders on record as of November 12, 2025. In another development, the company’s Executive Vice President and Chief Financial Officer, Kristen Actis-Grande, will step down effective August 8, 2025, to join another publicly traded company. Greg Clark, Vice President of Finance and Corporate Controller, will serve as interim CFO during the search for a permanent replacement. Furthermore, Wolfe Research has downgraded MSC Industrial from Outperform to Peerperform, citing caution about the near-term outlook for U.S. short cycle demand. Meanwhile, Metalsource Mining Inc. announced a $4 million private placement, with investor Eric Sprott committing $1 million to the offering. These recent developments provide a snapshot of the current activities and strategic changes within MSC Industrial and Metalsource Mining.
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