Hurco Announces Acquisition of Two Machine Tool Companies
INDIANAPOLIS, July 15, 2015 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. , a leader in the development and manufacture of machine tools with integrated control technologies for the worldwide metal cutting market, announced today that, through a wholly-owned subsidiary, it acquired substantially all of the assets of U.S.-based Milltronics Manufacturing Company, Inc. d/b/a Milltronics CNC Machines (Milltronics).
In addition, Hurco announced today that its subsidiary Hurco Manufacturing Limited (Hurco Ltd.) entered into an agreement to acquire the business, technology, goodwill and operating assets of Takumi Machinery Co., Ltd., a Taiwanese company founded in 1988 (Takumi). Read more...
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