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Hurco Announces Strategic Collaboration with Kawasaki Robotics to Deliver Turnkey, Industrial-Grade, Robotic Machine-Tending Solutions
HurcoHurco(US:HURC) GlobeNewswire News Roomยท2024-08-09 12:00

Core Insights - Hurco Companies, Inc. and Kawasaki Robotics (USA), Inc. have formed a strategic collaboration to enhance innovation and deliver industrial-grade robotic CNC machine solutions to customers [1][2] - The partnership aims to combine over 50 years of expertise from both companies in CNC machine innovation and industrial robotics to provide turnkey robotic machine tending solutions [2][3] Company Overview - Hurco Companies, Inc. is an international industrial technology company that sells CNC machine tools to the metal cutting and forming industry, with brands including Hurco, Milltronics, and Takumi [5] - Kawasaki Robotics is a leading supplier of industrial robots and automation systems, boasting over 50 years of experience in the automation industry [6] Strategic Initiatives - The collaboration will focus on several key initiatives, including: 1. CNC Machine Automation: Developing new technologies and products to meet emerging market needs [3] 2. Market Expansion: Utilizing each company's networks to reach new customers and markets [3] 3. Research and Development: Pooling resources for faster and more effective innovation [3] Leadership Statements - Hurco's President and CEO emphasized the seamless integration of Kawasaki robots into Hurco's CNC control, highlighting the collaboration's potential to provide accessible automation solutions [3] - Kawasaki Robotics' President expressed excitement about the partnership, noting the alignment of values in delivering top-quality solutions to customers [3]