Hurco doubles floor space, trebles machine sales and quadruples turnover

Published:

Hurco doubles floor space, trebles machine sales and quadruples turnover
Greg Volovic (right), president of Hurco Companies Inc, unveiling a plaque to mark the opening of the new headquarters of Hurco Europe, whose managing director David Waghorn is pictured left.

US-based machining centre and CNC lathe manufacturer Hurco has moved the subsidiary serving the UK and Irish markets,

Hurco Europe Ltd, to different premises on the Cressex Industrial Estate in High Wycombe. Covering an area of 26,000 sq ft, the building is double the size of the previous facility and is located at 12 Merlin Centre, Lancaster Road, Cressex Business Park, High Wycombe, Bucks, HP12 3TB. The telephone number remains the same, 01494 442222, as do all email addresses and the website – www.hurco.co.uk

A view of the showroom during the inaugural demonstration day at Hurco Europe on 9th October 2019, at which 11 machines were under power. Part of the larger warehouse and machine preparation area may be seen in the background.

The official opening of the new headquarters, showroom and technical centre was marked by an open day for customers on 9th October 2019, at which 11 of the latest Hurco models were demonstrated under power, eight machining centres including four 5-axis configurations and three turning centres. The president of Hurco Companies Inc, Greg Volovic, travelled especially from Indianapolis to formally open the building.

David Waghorn, managing director of the High Wycombe operation comments: “16 years in our previous facility saw business grow by an average of 10 percent a year and the number of staff increase from 25 to 55. Unit sales trebled and included shipment of higher value bridge-type and 5-axis machines, with the result that annual turnover rose more than fourfold to over £20 million.

“Considering this level of growth and with an increasing number of Hurco products being introduced, we needed to expand the size of our showroom to accommodate up to 14 machines and substantially increase warehouse space.

“More bays are available for machine preparation and we have upgraded our applications and training areas. Visitors will also notice improved meeting and conference facilities.”

After unveiling a plaque to mark the inauguration of the facility, Greg Volovic declared: “The UK is one of the main pillars of the Hurco group. Not only have sales been strong under the direction of David Waghorn, who has been with the company for 30 years, but feedback from the customer base in Britain and Ireland has helped shape our product development over the years.

“We supply into a broad spectrum of manufacturing sectors, which helps to insulate us from industry downturns. Although there is currently a short-term dip in orders, we are very optimistic about the future and intend to expand our machine portfolio further and enter new markets.”

Hurco Europe
Tel: 01494 442222
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.hurco.com

Primer Power

Nukon gif new v2

CMZ Lathes

XYZ PROTOTRAK

Hoffman Group

Hexagon

MOD_TAGS_SIMILAR_NO_MATCHING_TAGS

Quick Links

Telephone


Office : 01472 210712

Published By


Roger Barber Publishing
4 Mayfair Court
Cleethorpes
South Humberside
North East Lincolnshire
DN35 0QG

Social


© Copyright Roger Barber Publishing , all rights reserved.
Terms and Conditions apply. This website uses cookies, click here for blocking details. Our Privacy Policy is available here.