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Hurco Celebrates Successful IMTS as Show Generates Excitement Over Technological Advancements

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Hurco Companies, Inc. (Nasdaq: HURC) made a significant impact at the 2024 International Manufacturing Technology Show (IMTS) in Chicago. The company's expanded 16,000-square-foot booth showcased groundbreaking advancements in CNC technology and control systems, attracting numerous visitors.

Key highlights included:

  • A new control system with an ergonomic design and customizable interface
  • Integrated AI tools like ChatCNC™ and AI feature recognition
  • Strategic partnerships showcasing automated machine-tending solutions

Greg Volovic, President and CEO of Hurco, emphasized the success of IMTS 2024 and the positive reception of their advanced technologies. The company's focus on driving productivity and profitability through innovation resonated strongly with manufacturers, positioning Hurco as a leader in the industry.

Hurco Companies, Inc. (Nasdaq: HURC) ha avuto un impatto significativo alla Fiera Internazionale della Tecnologia di Manifattura 2024 (IMTS) a Chicago. Lo stand dell'azienda, ampliato a 16.000 piedi quadrati, ha messo in mostra innovazioni all'avanguardia nella tecnologia CNC e nei sistemi di controllo, attirando numerosi visitatori.

I principali punti salienti includevano:

  • Un nuovo sistema di controllo con un design ergonomico e un'interfaccia personalizzabile
  • Strumenti AI integrati come ChatCNC™ e riconoscimento delle caratteristiche AI
  • Partnership strategiche che mostrano soluzioni automatizzate per la gestione delle macchine

Greg Volovic, Presidente e CEO di Hurco, ha sottolineato il successo dell'IMTS 2024 e la positiva accoglienza delle loro tecnologie avanzate. Il focus dell'azienda su incrementare produttività e redditività attraverso l'innovazione ha risuonato fortemente con i produttori, posizionando Hurco come un leader nel settore.

Hurco Companies, Inc. (Nasdaq: HURC) tuvo un impacto significativo en la Feria Internacional de Tecnología de Manufactura 2024 (IMTS) en Chicago. El stand ampliado de la compañía, de 16,000 pies cuadrados, mostró avances innovadores en tecnología CNC y sistemas de control, atrayendo a numerosos visitantes.

Los aspectos más destacados incluyeron:

  • Un nuevo sistema de control con un diseño ergonómico y una interfaz personalizable
  • Herramientas de IA integradas como ChatCNC™ y reconocimiento de características de IA
  • Asociaciones estratégicas que presentan soluciones automatizadas para la atención de máquinas

Greg Volovic, Presidente y CEO de Hurco, enfatizó el éxito del IMTS 2024 y la recepción positiva de sus tecnologías avanzadas. El enfoque de la empresa en incrementar la productividad y la rentabilidad a través de la innovación resonó fuertemente con los fabricantes, posicionando a Hurco como un líder en la industria.

허르코 컴퍼니즈(주) (Nasdaq: HURC)는 2024 국제 제조 기술 전시회(IMTS)에서 시카고에서 큰 영향을 미쳤습니다. 회사의 16,000평방피트 규모의 확장 부스는 CNC 기술 및 제어 시스템에서 혁신적인 발전을 선보이며, 수많은 방문객을 끌어모았습니다.

주요 하이라이트는 다음과 같았습니다:

  • 인체공학적 디자인과 맞춤형 인터페이스를 갖춘 새로운 제어 시스템
  • ChatCNC™와 AI 기능 인식과 같은 통합 AI 도구
  • 자동화된 기계 관리 솔루션을 보여주는 전략적 파트너십

허르코의 대통령이자 CEO인 그렉 볼로빅은 IMTS 2024의 성공과 회사의 첨단 기술에 대한 긍정적인 반응을 강조했습니다. 혁신을 통해 생산성 및 수익성 향상에 집중하는 회사의 노력은 제조업체들에게 강한 공감을 얻었으며, 허르코를 업계의 선두주자로 자리매김하게 했습니다.

Hurco Companies, Inc. (Nasdaq: HURC) a eu un impact significatif lors du Salon International de la Technologie de Fabrication 2024 (IMTS) à Chicago. Le stand agrandi de l'entreprise, d'une superficie de 16 000 pieds carrés, a présenté des avancées révolutionnaires en technologie CNC et systèmes de contrôle, attirant de nombreux visiteurs.

Les points forts incluaient :

  • Un nouveau système de contrôle au design ergonomique et à l'interface personnalisable
  • Des outils d'IA intégrés comme ChatCNC™ et reconnaissance des fonctionnalités par IA
  • Partenariats stratégiques présentant des solutions automatisées pour la gestion des machines

Greg Volovic, Président et CEO de Hurco, a souligné le succès de l'IMTS 2024 et la réception positive de leurs technologies avancées. L'accent mis par l'entreprise sur l'augmentation de la productivité et de la rentabilité par l'innovation a fortement résonné auprès des fabricants, positionnant Hurco comme un leader dans l'industrie.

Hurco Companies, Inc. (Nasdaq: HURC) hatte einen erheblichen Einfluss auf der International Manufacturing Technology Show 2024 (IMTS) in Chicago. Der erweiterte Stand des Unternehmens mit 16.000 Quadratfuß präsentierte bahnbrechende Fortschritte in der CNC-Technologie und Steuerungssystemen und zog zahlreiche Besucher an.

Wichtige Highlights umfassten:

  • Ein neues Steuerungssystem mit ergonomischem Design und anpassbarer Benutzeroberfläche
  • Integrierte KI-Tools wie ChatCNC™ und KI-Funktionskennung
  • Strategische Partnerschaften, die automatisierte Lösungen für das Bearbeiten von Maschinen präsentieren

Greg Volovic, Präsident und CEO von Hurco, betonte den Erfolg der IMTS 2024 und die positive Resonanz auf ihre fortschrittlichen Technologien. Der Fokus des Unternehmens auf Steigerung von Produktivität und Rentabilität durch Innovation stieß bei den Herstellern auf große Zustimmung und positionierte Hurco als Marktführer in der Branche.

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INDIANAPOLIS, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) delivered a standout performance at the 2024 International Manufacturing Technology Show (IMTS) in Chicago, showcasing groundbreaking advancements in CNC technology and control systems. The company’s expanded 16,000-square-foot booth attracted an abundance of visitors at a well-attended show, underscoring Hurco’s leadership in innovation and ability to meet the evolving needs of manufacturers.

“IMTS 2024 was a resounding success,” said Greg Volovic, President and CEO of Hurco. “The enthusiasm from attendees reinforced that our focus on advanced technologies to drive productivity and profitability is precisely what manufacturers need.”

Hurco's new control system, featuring an ergonomic design and fully customizable interface, generated significant excitement. With integrated AI tools like ChatCNC™ and AI feature recognition, the system offers a transformative solution for simplifying machine operations and reducing programming time.

“ChatCNC™ and our AI-driven features were particularly well received,” Volovic added. “Attendees recognized the real-time support and efficiency gains that allow operators to concentrate on precision and quality.”

Hurco’s strategic partnerships also captured attention. The seamless integration of its ProCobots automated machine-tending solution with Universal Robots and Kawasaki Robotics highlighted Hurco's commitment to advancing automation and flexibility on the shop floor. Hurco products were present in many of our partnership booths, which generated interest and awareness that Hurco leads the way in integrating the technological capabilities of others through the use of a powerful CNC control system.

With an increase in visitors over IMTS 2022 and a robust presence throughout the event, Hurco exhibited its strength and reputation to continue driving innovation and setting new benchmarks in manufacturing technology.

“We are energized by the positive feedback and eager to incorporate these insights into our next wave of industry-leading innovations,” Volovic concluded.

About Hurco Companies, Inc.
Hurco Companies, Inc. is an international, industrial technology company that sells its three brands of computer numeric control (“CNC”) machine tools to the worldwide metal cutting and metal forming industry. Two of the Company’s brands of machine tools, Hurco and Milltronics, are equipped with interactive controls that include software that is proprietary to each respective brand. The Company designs these controls and develops the software. The third brand of CNC machine tools, Takumi, is equipped with industrial controls that are produced by third parties, which allows the customer to decide the type of control added to the Takumi CNC machine tool. The Company also produces high-value machine tool components and accessories and provides automation solutions that can be integrated with any machine tool. The end markets for the Company's products are independent job shops, short-run manufacturing operations within large corporations, and manufacturers with production-oriented operations. The Company’s customers manufacture precision parts, tools, dies, and/or molds for industries such as aerospace, defense, medical equipment, energy, transportation, and computer equipment. The Company is based in Indianapolis, Indiana, with manufacturing operations in Taiwan, Italy, the U.S., and China, and sells its products through direct and indirect sales forces throughout the Americas, Europe, and Asia. The Company has sales, application engineering support and service subsidiaries in China, the Czech Republic, England, France, Germany, India, Italy, the Netherlands, Poland, Singapore, the U.S., and Taiwan. Web Site: www.hurco.com

Certain statements in this news release are forward-looking statements that involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, among others, the cyclical nature of the machine tool industry; uncertain economic conditions, which may adversely affect overall demand, in the Americas, Europe and Asia Pacific markets; the risks of our international operations; governmental actions, initiatives and regulations, including import and export restrictions, duties and tariffs and changes to tax laws; the effects of changes in currency exchange rates; competition with larger companies that have greater financial resources; our dependence on new product development; the need and/or ability to protect our intellectual property assets; the limited number of our manufacturing and supply chain sources; increases in the prices of raw materials, especially steel and iron products; the effect of the loss of members of senior management and key personnel; our ability to integrate acquisitions; acquisitions that could disrupt our operations and affect operating results; failure to comply with data privacy and security regulations; breaches of our network and system security measures; possible obsolescence of our technology and the need to make technological advances; impairment of our assets; negative or unforeseen tax consequences; uncertainty concerning our ability to use tax loss carryforwards; changes in the SOFR rate; the impact of the COVID-19 pandemic and other public health epidemics and pandemics on the global economy, our business and operations, our employees and the business, operations and economies of our customers and suppliers; and other risks and uncertainties discussed more fully under the caption “Risk Factors” in our filings with the Securities and Exchange Commission. We expressly disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For More Information:

Sonja K. McClelland
Executive Vice President, Treasurer, & Chief Financial Officer
P: +1.317.293.5309


FAQ

What new technologies did Hurco (HURC) showcase at IMTS 2024?

Hurco showcased a new control system with an ergonomic design and customizable interface, integrated AI tools like ChatCNC™ and AI feature recognition, and automated machine-tending solutions through strategic partnerships.

How did Hurco's (HURC) presence at IMTS 2024 compare to previous years?

Hurco expanded its presence at IMTS 2024 with a 16,000-square-foot booth, attracting more visitors compared to IMTS 2022 and generating significant interest in their technological advancements.

What was the main focus of Hurco's (HURC) innovations at IMTS 2024?

Hurco's main focus was on advanced technologies that drive productivity and profitability for manufacturers, including AI-driven features and automation solutions to simplify machine operations and reduce programming time.

How did attendees respond to Hurco's (HURC) ChatCNC™ feature at IMTS 2024?

Attendees responded positively to ChatCNC™, recognizing its potential for providing real-time support and efficiency gains that allow operators to focus on precision and quality in manufacturing processes.

Hurco Cos Inc

NASDAQ:HURC

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141.70M
5.95M
7.76%
70.48%
0.38%
Specialty Industrial Machinery
Industrial Instruments for Measurement, Display, and Control
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United States of America
INDIANAPOLIS