Hurco Companies Inc. officials announce the acquisition of the machine tool component business of LCM Srl, a designer and manufacturer of highly innovative high-end electro-mechanical components and accessories for machine tools.
Gregory Volovic, president of Hurco Companies Inc., says, “This strategic acquisition of an innovative business such as LCM further supports our mission to develop advanced machine tool technologies to support our customers, who need increasingly sophisticated and versatile CNC machine tools to stay competitive and to grow profitability. LCM has been an important supplier of components for us as we developed and introduced our SRT line of 5-axis machining centers that employs LCM’s direct drive spindle, swivel head, and rotary torque table to achieve superior simultaneous 5-axis machining. This acquisition will prove vital to our targeted growth plan, which supports the financial strength of our company, ensures product development agility, and will foster an expansion of LCM’s line of high-quality value-added technologies.”
Based in Italy, LCM has been producing and selling mechanical and electro- mechanical components for machine tools since 1986. LCM’s team of technical experts has a wealth of knowledge in the design of direct drive electro-mechanical and torque technologies as well as quality control processes that ensure the reliability of their products while consistently meeting design specifications.
Latest from Today's Medical Developments
- GrindingHub Americas launches in 2027 in Cincinnati, Ohio
- Methods Machine Tools now offers the Nakamura-Tome NT-Flex
- Battelle awards $900,000 in STEM education grants to Ohio schools
- #55 Lunch + Learn Podcast with KINEXON
- Starrett and Gerstner offer limited edition, American made 1950s replica wooden machinist tool chests
- EMCO’s UNIVERSALTURN 50: The new benchmark in universal turning
- Archetype's Expertise for Equity accelerates early-stage innovation
- Stratasys expands its AM solutions with Tritone's cutting-edge technology