Hurco Companies Inc. (HURC)
Name: Hurco Companies Inc. (HURC)
Web Site: http://www.hurco.com
Brief Description: Hurco Companies, Inc., an industrial technology company, engages in the design and production of interactive, personal computer-based, computer control systems and software, and computerized machine tools for sale to the metal working industry. The company’s primary products consist of general purpose computerized machine tools for the metal cutting industry, principally vertical machining centers. It also produces computer control systems and related software for press brake applications that are sold as retrofit control systems. In addition, Hurco produces and distributes software options, control upgrades, hardware accessories, and replacement parts related to its product lines, as well as provides operator training and support services to its customers. The company sells its products through independent agents and distributors in North America, Europe, and Asia, as well as directly in England, France, Germany, Italy, Singapore, and China. Hurco Companies was founded by Edward Humston and Gerald Roch in 1968. The comapny is headquartered in Indianapolis, Indiana.
11/25/05 - Initiated with Buy rating.
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