Hurco Companies, Inc.
NNASDAQ:HURCRecent
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- Hurco Companies, Inc. (NASDAQ: HURC) designs, manufactures and sells computerized numerical control (CNC) machine tools and related software and accessories primarily to job shops and manufacturers in the metal cutting industry worldwide; its principal products include vertical machining centers (3-axis and 5-axis), horizontal machining centers, turning centers, mill-turn machines, toolroom machines and computer control systems such as the WinMax control supporting conversational and NC G-code programming; additional offerings encompass Autobend computer control systems for press brakes, machine tool components, automation integration equipment including ProCobots collaborative robotic solutions, software options, control upgrades, replacement parts and customer training, applications support and service. The company operates under the Hurco, Milltronics, Takumi and ProCobots brands through a global network of direct sales, service subsidiaries and independent distributors across North America, Europe and Asia; manufacturing facilities are located in Taiwan, China and Italy with principal design and engineering in Indianapolis, Indiana, where it was founded in 1968 and maintains headquarters. In recent developments, Hurco announced a strategic collaboration with Kawasaki Robotics to deliver turnkey industrial-grade robotic machine-tending solutions; the company unveiled plans for autonomous machining centers leveraging AI, mechatronics and simulation technologies across its product lines; it relocated Milltronics' headquarters to a new Indianapolis facility to leverage resources; management conducted share purchases including President Gregory Volovic's $100,000 investment in June 2025 signaling confidence; and suspended its quarterly cash dividend amid fiscal 2025 results showing mixed sales performance.
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