Hurco Companies Inc. Stock Analysis HURC

Hurco Cos., Inc. is an international industrial technology company, which engages in the design, manufacture, and sale of computerized machine tools. The company is headquartered in Indianapolis, Indiana and currently employs 651 full-time employees. The firm's brands of machine tools, Hurco and Milltronics, are equipped with interactive controls that include software that is proprietary to each respective brand. The firm designs these controls and develops the software. Its Takumi brand of CNC machine tools 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 firm also produces high-value machine tool components and accessories and provides automation solutions that can be integrated with any machine tool. Its customers manufacture precision parts, tools, dies, and/or molds for industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment.