Okuma Corporation

Computer Numerical Control Machines Market Analysis Report 2023: Lathe Machines, Milling Machines, Laser Machines - Global Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, October 27, 2023

The "Computer Numerical Control Machines Market Size, Share & Trends Analysis Report By Type (Lathe Machines, Milling Machines, Laser Machines), By End-use (Automotive, Industrial, Construction Equipment), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Computer Numerical Control Machines Market Size, Share & Trends Analysis Report By Type (Lathe Machines, Milling Machines, Laser Machines), By End-use (Automotive, Industrial, Construction Equipment), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The computer numerical control (CNC) machines market is poised for remarkable growth, with projections indicating a market size of USD 132.93 billion by 2030.
  • A pivotal factor driving the global surge in CNC machines adoption is their remarkable capacity to automate manufacturing processes.
  • Milling Machines on the Rise: The milling machines segment is projected to achieve the highest CAGR of 12.0% during the forecast period.

CNC Market worth $80.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 18, 2023

The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.

Key Points: 
  • The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.
  • Additionally, various manufacturing operations rely intemperately on CNC machines as their primary production processes.
  • Therefore, machines offering are a significant component and account for a major share of the overall market.
  • Machining Centers are expected to lead the CNC market during the forecast period.

CNC Market worth $80.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 18, 2023

The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.

Key Points: 
  • The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.
  • Additionally, various manufacturing operations rely intemperately on CNC machines as their primary production processes.
  • Therefore, machines offering are a significant component and account for a major share of the overall market.
  • Machining Centers are expected to lead the CNC market during the forecast period.

Okuma Corporation Celebrates 125-Year Anniversary

Retrieved on: 
Wednesday, April 5, 2023

CHARLOTTE, N.C., April 5, 2023 /PRNewswire/ -- The leadership team of Okuma Corporation, a world-leading builder of computer number control (CNC) machine tools, controls and automation systems, is honored to announce the company's 125-year anniversary in 2023.

Key Points: 
  • CHARLOTTE, N.C., April 5, 2023 /PRNewswire/ -- The leadership team of Okuma Corporation, a world-leading builder of computer number control (CNC) machine tools, controls and automation systems, is honored to announce the company's 125-year anniversary in 2023.
  • The company was founded by Eiichi Okuma in 1898 in Nagoya, Japan, with the initial purposes of manufacturing and selling noodle-making machines.
  • Since that time, the company has grown into a global enterprise company of nearly 4,000 employees and has reached several innovative milestones which have pushed the evolution of the manufacturing industry forward.
  • Okuma America Corporation President and COO Jim King reflected on the company's milestone anniversary, "We are honored to be part of a company with more than a century-long track record of innovating solutions for customers within the manufacturing industry.

Regimen Equity Partners invests in its ninth platform business, acquiring Thomas Skinner & Son Ltd., Western Canada’s leading distributor of industrial metalworking equipment and machine shop supplies

Retrieved on: 
Wednesday, March 29, 2023

VANCOUVER, British Columbia, March 29, 2023 (GLOBE NEWSWIRE) -- Regimen Equity Partners Inc. (“Regimen”) is pleased to announce its ninth platform investment, acquiring Thomas Skinner & Son Ltd. (“Thomas Skinner” or the “Company”), a generational, privately owned Canadian business with a storied 119-year history.

Key Points: 
  • VANCOUVER, British Columbia, March 29, 2023 (GLOBE NEWSWIRE) -- Regimen Equity Partners Inc. (“Regimen”) is pleased to announce its ninth platform investment, acquiring Thomas Skinner & Son Ltd. (“Thomas Skinner” or the “Company”), a generational, privately owned Canadian business with a storied 119-year history.
  • Thomas Skinner has exclusive and/or preferential distribution rights with many of its suppliers.
  • The legacy and continuity of Thomas Skinner were of upmost importance to us as we embarked upon our succession.
  • We look forward to growing Thomas Skinner, together with the team at Thomas Skinner.

Okuma America Corporation Launches Next-Generation ECO-Friendly Technology at IMTS 2022

Retrieved on: 
Monday, September 12, 2022

CHICAGO, Sept. 12, 2022 /PRNewswire/ -- The executive leadership team at Okuma America Corporation is pleased to announce the release of a next-generation energy management and optimization technology designed exclusively for Okuma CNC (computer numeric control) machine tools. This new software-driven technology – ECO suite plus - will be demonstrated for the first time in the Western Hemisphere on two Okuma machines (MB-80V bridge mill and MA-8000H machining center) in booth #338500 at the 2022 International Manufacturing Trade Show at McCormick Convention Center in Chicago, Illinois, on September 12 – 17, 2022. 

Key Points: 
  • CHICAGO, Sept. 12, 2022 /PRNewswire/ -- The executive leadership team at Okuma America Corporation is pleased to announce the release of a next-generation energy management and optimization technology designed exclusively for Okuma CNC (computer numeric control) machine tools.
  • The ECO suite plus technology is the company's latest addition to a suite of products designed to support global and corporate sustainability initiatives.
  • Okuma America Corporation is the U.S.-based sales and service affiliate of Okuma Corporation, a world-leading builder of CNC (computer numeric control) machine tools, controls and automation systems.
  • In 2014 Okuma launched the Okuma App Store , the industry's only centralized online marketplace for machine tool apps and related content.

Okuma America Corporation Debuts the GENOS M560V-5AX Machining Center at IMTS 2022

Retrieved on: 
Monday, September 12, 2022

CHICAGO, Sept. 12, 2022 /PRNewswire/ -- Members of the management team at Okuma America Corporation are pleased to announce the launch of a new 5-axis vertical machining center to its machining line-up!

Key Points: 
  • CHICAGO, Sept. 12, 2022 /PRNewswire/ -- Members of the management team at Okuma America Corporation are pleased to announce the launch of a new 5-axis vertical machining center to its machining line-up!
  • This new machine - the GENOS M560V-5AX - builds upon the foundation of the company's flagship vertical machining center series (GENOS M Series) by bringing 5-axis capabilities to the table!
  • This product is making its world debut in the Okuma booth (#338500) at the 2022 International Manufacturing Trade Show at McCormick Convention Center in Chicago, Illinois, on September 12 17, 2022.
  • Okuma America Corporation is the U.S.-based sales and service affiliate of Okuma Corporation, a world-leading builder of CNC (computer numeric control) machine tools, controls and automation systems.

Okuma America Corporation Names EMEC Machine Tools Inc. the Okuma Distributor of the Year

Retrieved on: 
Monday, August 1, 2022

Trevor Smethurst of the EMEC Machine Tools leadership team accepted the award on May 25, 2022, at Okuma's annual distributor meeting in Charlotte, North Carolina, USA.

Key Points: 
  • Trevor Smethurst of the EMEC Machine Tools leadership team accepted the award on May 25, 2022, at Okuma's annual distributor meeting in Charlotte, North Carolina, USA.
  • EMEC Machine Tools Inc is headquartered in Mississauga, Ontario with an additional office located in Montral, Quebec, covering Eastern Canada and the Maritimes.
  • About EMEC Machine Tools Inc.
    For over twenty-five years now EMEC Machine Tools Inc. has been privileged to represent some of the finest machine tool builders in the world on an exclusive basis across our territories in Eastern Canada.
  • Okuma America Corporation is the U.S.-based sales and service affiliate of Okuma Corporation, a world-leading builder of CNC (computer numeric control) machine tools, controls and automation systems.

Global Metalworking Machinery Markets, 2016-2021, 2021-2026F, 2031F: Metalworking Knives And Bits; Measuring Attachments; Metalworking Drill Bits; Machine Tool Taps And Dies - ResearchAndMarkets.com

Retrieved on: 
Friday, July 29, 2022

The metal working machinery market consists of sales of metalworking machinery by entities (organizations, sole traders, and partnerships) that produce metal working machinery.

Key Points: 
  • The metal working machinery market consists of sales of metalworking machinery by entities (organizations, sole traders, and partnerships) that produce metal working machinery.
  • The main types of metalworking machinery are special die and tool, die set, jig, and fixture, machine tool, industrial mold, rolling mill, and other metalworking machinery, and cutting tool and machine tool accessory.
  • The metalworking machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries.
  • Major companies manufacturing 6-axis CNC milling are Yamazaki Mazak, DMG MORI, ERLO, Giben International, Haas Automation, Knuth Machine Tools, IMSA.

Okuma America Corporation & Morris Group Inc. Announce New Technical Center and Grand Opening Event

Retrieved on: 
Tuesday, March 1, 2022

The public is invited to register and attend a grand opening event to commemorate the new facility on March 15 17, 2022.

Key Points: 
  • The public is invited to register and attend a grand opening event to commemorate the new facility on March 15 17, 2022.
  • The facility includes both office space and a showroom to house Okuma machine tools and other manufacturing-supportive technologies.
  • To register for the grand opening event, visit: https://www.okuma.com/events/mmw-okuma-tech-center-grand-opening-2022
    Morris Group Inc. , one of North America's largest machine tool supply networks, owns seventeen independently operated business units.
  • Okuma America Corporation is the U.S.-based sales and service affiliate of Okuma Corporation, a world leader in CNC (computer numeric control) machine tools, controls and automation systems.