Hurco acquires high-tech Italian machine tool components business

by:Gewinn     2022-04-24
On July 1, 2013 local time in Indiana, USA, the leader in machine tool and integrated control technology, Hurk Corporation (Nasdaq: HURC), announced that it has acquired Italian high-end machine tool parts manufacturer- LCM Srl Inc. Mr. Gregory Volovic, President of Hecker Group, said in the announcement: 'Hecker's strategic acquisition of LCM's business is to further implement its corporate mission statement into action. Hecker is in line with the growing demand for advanced technology by global machine tool users. Demand trends, has been committed to developing and providing advanced innovative technologies to help users remain competitive and achieve profitable growth. LCM Srl has always been one of Hurco's long-term suppliers of machine tool components. When Hurco developed and launched The latest generation of 5-axis machining centers, the SRTi model, employs LCM's direct-drive spindle, pendulum head, and built-in rotary table to achieve superior 5-axis simultaneous machining performance. This acquisition targets growth for the Hucker Group The plan is crucial, will strengthen our financial resources, gain more technical flexibility in new product development, and will also promote the expansion of the high-quality technology of the LCM series of products.
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