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Home > Company Index > Manufacturing > Machine Tools, Components & Accessories > Hardinge Inc.

Hardinge Inc.
Nasdaq: HDNG
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 NEWS FROM THE WIRES
Hardinge to cut 10 percent of work force
Aug 16 2001 06:06 AM PDT

Hardinge to cut 10 percent of work force
Aug 16 2001 06:06 AM PDT

More WIRE STORIES about this company

 PROFILE
Here's a company that keeps on turning. Hardinge makes industrial machine tools for small and mid-sized shops that turn out machined parts for the automotive, medical equipment, and farm equipment industries. The company's precision turning machine tools shape metal, composites, and plastics. Its computer-controlled machines cut either horizontally or vertically and can be connected to automatic material feeders for unattended machining. The Cobra line of lathes is marketed as an inexpensive alternative for smaller shops. Hardinge also offers a line of work- and tool-holding devices. Hardinge sells its products in North America (the US accounts for 66% of sales), Western Europe, and the Asia/Pacific region.

 COMPETITION
Bridgeport Machines, Inc. (dossier)
Giddings & Lewis, Inc. (dossier)
Kennametal Inc. (KMT)

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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 189.50
1-Yr. Sales Growth: 6.2%
Employees: 1,508
Revenue per employee: $125,663.13

 KEY PEOPLE
• J. Patrick Ervin
    CEO
• Richard L. Simons
    CFO

 CONTACT INFO
One Hardinge Dr.
Elmira, NY 14902
US
Phone: 607-734-2281
Fax: 607-732-4925
Online: Web Site

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