Hurco Forms Preferred Partnership with BMO Automation

Hurco Companies, Inc., continued its commitment to help customers navigate the ever-evolving technology landscape by partnering with BMO Automation, a company that shares Hurco’s mission to help manufacturers increase productivity and profitability. “Our customers tell us that ‘finding qualified machinists’ is the primary impediment to their company’s growth,” said Paul Gray, Hurco Vice President R&D and Product Development. “The formation of this preferred partnership with BMO is another way we can help our customers identify meaningful technologies and automation packages to solve the problems they face on a daily basis.”

The Hurco/BMO Automation partnership provides customers with a tested automation solution that requires minimal integration and provides them peace of mind that the BMO Automation packages will immediately increase productivity without disruption.

BMO Automation, based in the Netherlands, has been leading the automation and digitization of the machining industry since 2008. Focused on high-mix/high volume production to help manufacturers deal with the skills gap and labor shortage, and increase productivity of their CNC machines

“We are excited to partner with Hurco to bring automation to their customers. The BMO Automation engineers collaborated extensively with the Hurco engineering team to ensure customers experience a seamless integration with the interactive operation of the robot and CNC machine. Our goal is to ensure customers are up and running as soon as it hits their floor,” said Frank Biemans, Managing Director of BMO Automation.

“Together, Hurco and BMO are dedicated to helping bring our customers the latest Industry 4.0 automation technology to safeguard their competitiveness and elevate their productivity and profitability,” said Gray.

About Hurco

Hurco Companies, Inc. is an international, industrial technology, company that sells its three brands of computer numeric control (CNC) machine tools to the worldwide metal cutting and metal forming industry. Two of the Company’s brands of machine tools, Hurco and Milltronics, are equipped with interactive controls that include software that is proprietary to each respective brand. The Company designs these controls and develops the software. The third brand of CNC machine tools, Takumi, 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 end markets for the Company’s products are independent job shops, short-run manufacturing operations within large corporations, and manufacturers with production-oriented operations. The Company’s customers manufacture precision parts, tools, dies, and/or molds for industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment. The Company is based in Indianapolis, Indiana, with manufacturing operations in Taiwan, Italy, the U.S. and China, and sells its products through direct and indirect sales forces throughout North and South America, Europe, and Asia. The Company has sales, application engineering support and service subsidiaries in China, England, France, Germany, India, Italy, Poland, Singapore, South Africa, the U.S., and Taiwan.

About BMO Automation

BMO Automation is a Dutch company that develops and produces user-friendly, innovative automation systems for loading CNC lathes and milling machines in the metal and plastics processing industry. Founded in 2008 with the clear vision that the loading of CNC turning lathes and milling machines could be done more efficiently. The key question was and still is; how can our clients optimally use their CNC machines with as much efficiency as possible?

Driven by passion for machining and robots, BMO Automation develops a wide range of intelligent automation systems. Our modular automation systems can be configured on customer demand, using an excellent expertise in the client’s production process. There is a fitting solution for any company size and automation requirements. With a strong focus on pallet and product loading our clients can benefit from a 24/7 production output, a reduction in costs and a shorter turnaround time.

Certain statements in this news release are forward-looking statements which involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, among others, the cyclical nature of the machine tool industry, changes in general economic and business conditions that affect demand for our products, the risks of our international operations, changes in manufacturing markets, innovations by competitors, the ability to protect our intellectual property, breaches of our network and system security measures, fluctuations in foreign currency exchange rates, increases in prices of raw materials, quality and delivery performance by our vendors, our ability to effectively integrate acquisitions, negative or unforeseen tax consequences and governmental actions and initiatives including import and export restrictions and tariffs