Hardinge

Financial Institutions, Inc. Announces Controller Retirement and Internal Appointment

Retrieved on: 
Wednesday, September 20, 2023

Over the succeeding six months the responsibilities of the Controller function will be transitioned to Sandra L. Byers, who has been promoted to Deputy Controller effective October 2, 2023.

Key Points: 
  • Over the succeeding six months the responsibilities of the Controller function will be transitioned to Sandra L. Byers, who has been promoted to Deputy Controller effective October 2, 2023.
  • Ms. Dumbleton has served as Controller of the Company and Bank since 2006.
  • She previously served as Corporate Secretary of the Company and Bank from 2013 to 2018.
  • She held various positions in finance, accounting and internal audit at Five Star and its predecessor banks from 1984 to 2005.

Riverbend Industries Announces Two Appointments to Board of Directors

Retrieved on: 
Thursday, July 13, 2023

These appointments further strengthen Riverbend’s strategic leadership and position the company for continued growth and success.

Key Points: 
  • These appointments further strengthen Riverbend’s strategic leadership and position the company for continued growth and success.
  • Board appointee Kyle Seymour was President, CEO and Board Member of S&C Electric Company from 2013-2020, after serving as Chairman of the Board, President and CEO of XTEK, Inc. from 2002-2012.
  • “Kathy brings vast Marketing experience and expertise to the Riverbend Industries Board of Directors,” said Ron Gidwitz, Riverbend Industries’ Executive Chair and Chief Executive Officer.
  • “Her track record of maximizing revenue opportunities and building strategic partnerships will be a great asset to the Board and to Riverbend’s businesses.”

Machine Tool Market to Reach US$245 Billion in 2032 with New, Digitally Focused, Machine Tools Incentivizing Upgrades

Retrieved on: 
Thursday, March 16, 2023

LONDON, March 16, 2023 /PRNewswire/ -- The machine tool manufacturing industry is facing a transformative decade, and as manufacturers' needs are more digitally focused, machine tool builders must evolve their products to meet changing market requirements.

Key Points: 
  • LONDON, March 16, 2023 /PRNewswire/ -- The machine tool manufacturing industry is facing a transformative decade, and as manufacturers' needs are more digitally focused, machine tool builders must evolve their products to meet changing market requirements.
  • According to global technology intelligence firm ABI Research, the machine tool market will grow by a CAGR of 4.3% from 2022 to 2032 and reach US$245.2 billion in manufacturing value added.
  • These findings are from ABI Research's Digital Transformation in the Metalworking and Machine Tool Industry technology analysis report.
  • Based on extensive primary interviews, Technology Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

Machine Tool Market to Reach US$245 Billion in 2032 with New, Digitally Focused, Machine Tools Incentivizing Upgrades

Retrieved on: 
Thursday, March 16, 2023

LONDON, March 16, 2023 /PRNewswire/ -- The machine tool manufacturing industry is facing a transformative decade, and as manufacturers' needs are more digitally focused, machine tool builders must evolve their products to meet changing market requirements.

Key Points: 
  • LONDON, March 16, 2023 /PRNewswire/ -- The machine tool manufacturing industry is facing a transformative decade, and as manufacturers' needs are more digitally focused, machine tool builders must evolve their products to meet changing market requirements.
  • According to global technology intelligence firm ABI Research, the machine tool market will grow by a CAGR of 4.3% from 2022 to 2032 and reach US$245.2 billion in manufacturing value added.
  • These findings are from ABI Research's Digital Transformation in the Metalworking and Machine Tool Industry technology analysis report.
  • Based on extensive primary interviews, Technology Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

New Study from StrategyR Highlights a $1.4 Billion Global Market for CNC Cylindrical Grinding Machines by 2026

Retrieved on: 
Thursday, September 16, 2021

SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "CNC Cylindrical Grinding Machines - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "CNC Cylindrical Grinding Machines - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Preview Registry
    Amid the COVID-19 crisis, the global market for CNC Cylindrical Grinding Machines estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2026, growing at a CAGR of 3.3% over the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Hardinge Inc. Acquires Ohio Tool Works

Retrieved on: 
Thursday, September 2, 2021

BERWYN, Pa. & ASHLAND, Ohio, Sept. 1, 2021 /PRNewswire/ -- Hardinge Inc. ("Hardinge") and Ohio Tool Works, L.L.C.

Key Points: 
  • BERWYN, Pa. & ASHLAND, Ohio, Sept. 1, 2021 /PRNewswire/ -- Hardinge Inc. ("Hardinge") and Ohio Tool Works, L.L.C.
  • Hardinge, Inc. is the trusted global provider of high precision, computer-controlled machine tool solutions for critical, hard-to-machine metal parts and advanced workholding accessories.
  • Ohio Tool Works (OTW) is a leading manufacturer of industrial honing machines, tooling, and abrasives.
  • For more information on Ohio Tool Works, please visit: www.ohiotoolworks.com .

Hardinge Expands Senior Management Team To Accelerate Growth Initiatives

Retrieved on: 
Monday, March 1, 2021

"We welcome Chandra, Tina, Brent and Stephen to the Hardinge family," said Ryan Levenson, Hardinge's co-CEO.

Key Points: 
  • "We welcome Chandra, Tina, Brent and Stephen to the Hardinge family," said Ryan Levenson, Hardinge's co-CEO.
  • "These industry veterans have already had a tremendous impact on the Company which has helped us enhance our customers' experience.
  • We're excited to add these talented executives with exceptional business minds to our team and look forward to achieving significant growth in 2021 and in the years to come."
  • Stephen Nunn joins Hardinge as the VP of Corporate Development, responsible for all global M&A activities and will be instrumental in the Company's global growth initiatives.

Hardinge To Bring Manufacturing Capacity Back To The United States

Retrieved on: 
Monday, December 14, 2020

Hardinge will now supply customers with a stronger line of innovative, high-quality milling and turning products assembled in the USA.

Key Points: 
  • Hardinge will now supply customers with a stronger line of innovative, high-quality milling and turning products assembled in the USA.
  • The Company will be repatriating the manufacturing of its Bridgeport XR Series of vertical machining centers and the Hardinge TALENT Series of turning products.
  • Hardinge has begun the transition process already, and will complete the manufacturing start-up of this new assembly line inElmira, NYduring the first quarter of 2021.
  • We continue this tradition and are also pleased to bring new manufacturing jobs back to the United States" said Ryan Levenson, Owner & Co-CEO, Hardinge and Managing Partner of Privet Fund Management LLC.

Hardinge Introduces New Bridgeport V1320 Milling Solutions

Retrieved on: 
Wednesday, July 10, 2019

BERWYN, Pa., July 10, 2019 /PRNewswire/ -- Hardinge Inc., the leading international provider of advanced metal-cutting tool solutions and accessories, introduces the Bridgeport V-1320 Vertical Machining Center.

Key Points: 
  • BERWYN, Pa., July 10, 2019 /PRNewswire/ -- Hardinge Inc., the leading international provider of advanced metal-cutting tool solutions and accessories, introduces the Bridgeport V-1320 Vertical Machining Center.
  • The V1320 is a state of the art Advanced Performance CNC Machining Center at the top of the Hardinge Milling product line, says Michael Marshall, Hardinge's Global Milling Product Manager.
  • Hardinge, Inc. is the trusted global provider of high precision, computer-controlled machine tool solutions for critical, hard-to-machine metal parts and advanced workholding accessories.
  • Hardinge's solutions can be found in a broad base of industries including aerospace, agricultural, automotive, construction, consumer products, defense, energy, medical, technology, and transportation.

Hardinge Reports Robust 2018 Growth With Strong Demand In China

Retrieved on: 
Thursday, March 7, 2019

PHILADELPHIA, March 7, 2019 /PRNewswire/ -- Hardinge , a leading international provider of advanced metal-cutting machine tool solutions and accessories, announcedit closed 2018 with another year of revenue growth.

Key Points: 
  • PHILADELPHIA, March 7, 2019 /PRNewswire/ -- Hardinge , a leading international provider of advanced metal-cutting machine tool solutions and accessories, announcedit closed 2018 with another year of revenue growth.
  • Hardinge experienced strong sales growth in 2018 in key industries including aerospace, automotive, medical, healthcare, and defense as well as higher demand in industries such as semiconductor and power-generation.
  • In addition, the company saw strong demand for its innovative, advanced metal-cutting solutions in the China market, still the world leader in machine tool consumption.
  • Hardinge also made several strategic leadership appointments in 2018 to help support its next phase of growth.