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Hurco Companies Inc's Business Segments
Hurco Companies Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
3
Largest Segment
Computerized Machine Tools
Total Revenue
$ 47
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Computerized Machine Tools0%
- Service Parts13.5%
- Computer Control Systems and Software3.2%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Computerized Machine Tools | $ 110 | - |
| Service Parts | $ 6 | 13.5% |
| Computer Control Systems and Software | $ 1 | 3.2% |
Revenue by Product & Service Category - FY
- Computerized Machine Tools78.2%
- Service Parts16%
- Service Fees4.7%
- Computer Control Systems and Software1.1%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Computerized Machine Tools | $ 34 | 78.2% |
| Service Parts | $ 7 | 16% |
| Service Fees | $ 2 | 4.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Annual Results
Revenue Share by Reportable Segment - FY
- Computerized Machine Tools0%
- Service Parts13.5%
- Computer Control Systems and Software3.2%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Computerized Machine Tools | $ 110 | - |
| Service Parts | $ 6 | 13.5% |
| Computer Control Systems and Software | $ 1 | 3.2% |
Description of Hurco Companies Inc
Hurco Companies, Inc. is an industrial technology company. We design, manufacture
and sell computerized (i.e., Computer Numeric Control) machine tools, consisting
primarily of vertical machining centers (mills) and turning centers (lathes),
to companies in the metal cutting industry through a worldwide sales, service
and distribution network. Although our computer control systems and software products
are proprietary, they predominantly use industry standard personal computer components.
Our computer control systems and software products are primarily sold as integral
components of our computerized machine tool products.
Hurco Companies, Inc. - Overview
Hurco Companies, Inc. is a premier manufacturer of CNC (Computer Numerical Control) machine tools and related technologies. Following its acquisition of the Milltronics and Takumi brands, Hurco bolstered its product lines and expanded its market reach. The following provides an extensive overview of Hurcos segments, products, and services.
1. CNC Machine Tool Brands
Hurco Brand:
Hurco focuses on sophisticated technology and advanced manufacturing solutions. Their products are designed for ease of use and are equipped with the proprietary WinMax® software system, which streamlines programming for operators with various skill levels. Key features of Hurco machines include:
- User-Friendly Interface: WinMax® enables users to create complex machining programs directly from CAD files or engineering drawings.
- High-Speed Processing: The integration of high-speed processors allows for enhanced data handling and part accuracy.
- Versatile Machining: Tailored to facilitate a broad range of manufacturing requirements, from prototypes to complex parts in small to medium lot sizes.
- UltiMotion Technology: This patented motion control system enhances surface finish quality while reducing cycle times.
Hurco Product Lines Include:
- VM Product Line: Moderately priced vertical machining centers targeting entry-level markets.
- VMX Product Line: High-performance vertical machining centers for customers requiring greater part precision.
- Five-Axis Product Line: Machines that allow for multi-sided machining in a single setup, enhancing productivity.
- HS Product Line: Focused on die and mold applications, characterized by high spindle speeds.
- HMX Product Line: Designed for production environments with expanding tool capacities and advanced chip management.
- HBMX Product Line: Suitable for large custom machinery and repair work.
- TM/TMM Product Line: Slant-bed lathes designed for efficient small to medium lot processing.
- DCX Product Line: Double-column machining centers for large parts and molds, ideal for the aerospace and energy sectors.
Milltronics Brand:
Milltronics serves the entry-level market but maintains high-quality standards and compatibility with G&M Code programs. Key product offerings include:
- VM Product Line: Vertical Machining Centers with various spindle options.
- TT Product Line: Twin table machining centers that optimize loading and unloading processes.
- BR Product Line: Bridge mills designed for versatility in manufacturing applications.
- MM/MB/RH Product Line: Open bed machines suitable for toolroom applications.
- HBM Product Line: Precision boring mills for large workpieces.
- SL Product Line: Slant-bed lathes for efficient part processing.
- ML Product Line: Combination lathes useful for both toolroom and production setups.
Takumi Brand:
Focusing on industry-standard CNC controls, Takumi offers robust machinery suitable for high-production environments. Their offerings include:
- VT Series: High-speed drill and tap machines for high-volume production.
- VC Series: Linear guide vertical machining centers for batch production.
- V Series: Heavy-duty machining centers for robust tasks.
- H Series: Double column machines designed for high precision and surface finish.
Computer Control Systems and Software
Hurco provides a range of control systems and software solutions aimed at enhancing machine performance and user experience:
- WinMax® Software: Features enable intuitive programming, including tools for three-dimensional surface creation.
- Autobend® System: Targets metal bending applications using microprocessor-based controls.
- Productivity Software Options: Various options enhance machining efficiency; these include features for part probing, data transfer from CAD files, measuring tools, and the ability to perform complex tasks in a single setup.
Machine Tool Components and Accessories
Under the LCM brand, Hurco manufactures various machine tool components and accessories:
- CNC Rotary Tables: Designed for precision positioning in horizontal and vertical applications.
- CNC Tilt Tables: Facilitate 5-axis machining with options for hydraulic or pneumatic operation.
- Swivel Heads and Electro-spindles: Support various machining tasks, enabling added versatility.
Parts and Service
Hurco is committed to providing ongoing support to its customers through:
- Installation and Training: Comprehensive training programs designed for optimal machine usage.
- Warranty Services: Ensuring product reliability and customer satisfaction.
- Upgrades and Accessory Sales: Offering customers the latest in technology and accessory options.
- Customer Support: Available to resolve technical queries and provide maintenance advice.
Conclusion
In summary, Hurco Companies, Inc. has solidified its stance as a leader in the CNC machine tool industry, offering a wide variety of innovative and efficient machining solutions across its three established brands. By maintaining a focus on sophisticated technology and user-friendly systems, Hurco continues to meet the evolving demands of manufacturers worldwide.
Hurco Companies, Inc. is a premier manufacturer of CNC (Computer Numerical Control) machine tools and related technologies. Following its acquisition of the Milltronics and Takumi brands, Hurco bolstered its product lines and expanded its market reach. The following provides an extensive overview of Hurcos segments, products, and services.
1. CNC Machine Tool Brands
Hurco Brand:
Hurco focuses on sophisticated technology and advanced manufacturing solutions. Their products are designed for ease of use and are equipped with the proprietary WinMax® software system, which streamlines programming for operators with various skill levels. Key features of Hurco machines include:
- User-Friendly Interface: WinMax® enables users to create complex machining programs directly from CAD files or engineering drawings.
- High-Speed Processing: The integration of high-speed processors allows for enhanced data handling and part accuracy.
- Versatile Machining: Tailored to facilitate a broad range of manufacturing requirements, from prototypes to complex parts in small to medium lot sizes.
- UltiMotion Technology: This patented motion control system enhances surface finish quality while reducing cycle times.
Hurco Product Lines Include:
- VM Product Line: Moderately priced vertical machining centers targeting entry-level markets.
- VMX Product Line: High-performance vertical machining centers for customers requiring greater part precision.
- Five-Axis Product Line: Machines that allow for multi-sided machining in a single setup, enhancing productivity.
- HS Product Line: Focused on die and mold applications, characterized by high spindle speeds.
- HMX Product Line: Designed for production environments with expanding tool capacities and advanced chip management.
- HBMX Product Line: Suitable for large custom machinery and repair work.
- TM/TMM Product Line: Slant-bed lathes designed for efficient small to medium lot processing.
- DCX Product Line: Double-column machining centers for large parts and molds, ideal for the aerospace and energy sectors.
Milltronics Brand:
Milltronics serves the entry-level market but maintains high-quality standards and compatibility with G&M Code programs. Key product offerings include:
- VM Product Line: Vertical Machining Centers with various spindle options.
- TT Product Line: Twin table machining centers that optimize loading and unloading processes.
- BR Product Line: Bridge mills designed for versatility in manufacturing applications.
- MM/MB/RH Product Line: Open bed machines suitable for toolroom applications.
- HBM Product Line: Precision boring mills for large workpieces.
- SL Product Line: Slant-bed lathes for efficient part processing.
- ML Product Line: Combination lathes useful for both toolroom and production setups.
Takumi Brand:
Focusing on industry-standard CNC controls, Takumi offers robust machinery suitable for high-production environments. Their offerings include:
- VT Series: High-speed drill and tap machines for high-volume production.
- VC Series: Linear guide vertical machining centers for batch production.
- V Series: Heavy-duty machining centers for robust tasks.
- H Series: Double column machines designed for high precision and surface finish.
Computer Control Systems and Software
Hurco provides a range of control systems and software solutions aimed at enhancing machine performance and user experience:
- WinMax® Software: Features enable intuitive programming, including tools for three-dimensional surface creation.
- Autobend® System: Targets metal bending applications using microprocessor-based controls.
- Productivity Software Options: Various options enhance machining efficiency; these include features for part probing, data transfer from CAD files, measuring tools, and the ability to perform complex tasks in a single setup.
Machine Tool Components and Accessories
Under the LCM brand, Hurco manufactures various machine tool components and accessories:
- CNC Rotary Tables: Designed for precision positioning in horizontal and vertical applications.
- CNC Tilt Tables: Facilitate 5-axis machining with options for hydraulic or pneumatic operation.
- Swivel Heads and Electro-spindles: Support various machining tasks, enabling added versatility.
Parts and Service
Hurco is committed to providing ongoing support to its customers through:
- Installation and Training: Comprehensive training programs designed for optimal machine usage.
- Warranty Services: Ensuring product reliability and customer satisfaction.
- Upgrades and Accessory Sales: Offering customers the latest in technology and accessory options.
- Customer Support: Available to resolve technical queries and provide maintenance advice.
Conclusion
In summary, Hurco Companies, Inc. has solidified its stance as a leader in the CNC machine tool industry, offering a wide variety of innovative and efficient machining solutions across its three established brands. By maintaining a focus on sophisticated technology and user-friendly systems, Hurco continues to meet the evolving demands of manufacturers worldwide.
