Hurco Cos.

Hurco profit inches higher on stronger European sales

June 7, 2013
 IBJ Staff
The Indianapolis-based maker of equipment for cutting and forming metal beat the weakened economy in Europe, but saw a sales drop in the recessionary Asia Pacific market.
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Hurco names new president

March 15, 2013
Gregory S. Volovic has been at the machine-tool manufacturer since 2005 and most recently served as executive vice president of technology, operations and North American sales and service.
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Hurco sees smaller profit on drop in sales

March 6, 2013
Dan Human
Machine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the Indianapolis-based company announced Wednesday.
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PROXY CORNER: Hurco Cos. Inc.Restricted Content

February 2, 2013
Indianapolis-based Hurco Cos. Inc.designs and produces interactive computer controls for the metal cutting and metal forming industry.
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Tool-maker Hurco makes headway after tough stretchRestricted Content

January 26, 2013
Dan Human
The company, which develops computer-controlled equipment for cutting and forming metal, made progress in fiscal 2012 toward restoring profitability to pre-recession levels.
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Hurco reports increase in quarterly, annual profit

January 11, 2013
The Indianapolis-based maker of computer-controlled machining tools attributed much of the increase to higher demand for its products in North America and Europe.
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Hurco's quarterly profit leaps on higher sales

June 8, 2012
 IBJ Staff
Indianapolis-based manufacturer Hurco Cos. Inc. on Friday reported a 26-percent rise in profit in the second quarter on growing revenue.
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Hurco shares surge after quarterly profit soars

March 9, 2012
Kathleen McLaughlin
Hurco Companies Inc. said its fiscal first-quarter profit soared 200 percent over the same period a year ago, driven by strong sales increases in Europe.
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Hurco reports fourth straight quarterly profit

January 13, 2012
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
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Manufacturing bellwether Hurco turns profitableRestricted Content

September 24, 2011
 IBJ Staff
The company's third-quarter profit was $4.6 million on sales of $50.6 million, compared with a year-ago loss of $1.2 million on sales of $26.5 million.
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Hurco shares jump on profitable quarter

September 9, 2011
 IBJ Staff
Computerized machine tool maker Hurco Cos. Inc. on Friday announced its third consecutive quarterly profit, helped in part by its best sales performance ever in Asia.
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Indiana manufacturing sector clawing its way backRestricted Content

April 2, 2011
Scott Olson
Factories are adding jobs, but returning to pre-recession levels will be a long slog.
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Hurco turns first quarterly profit in two years

March 10, 2011
The Indianapolis-based machine tool maker reported profit of $1.5 million on revenue of $39.7 million in its fiscal first quarter.
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PROXY CORNER: Hurco Cos.

February 5, 2011
 IBJ Staff
Indianapolis-based Hurco Cos. designs and produces interactive computer controls, software and computerized machine systems for the worldwide metal-cutting and metal-forming industry.
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Hurco reports fourth quarter, annual losses

January 12, 2011
Indianapolis-based machine tool maker lost $1.1 million in the fourth quarter and $5.7 million in fiscal 2010.
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Machine-tool maker Hurco hopes trade show sparks salesRestricted Content

September 11, 2010
Kathleen McLaughlin
The Indianapolis-based maker of computerized metal-cutting tools piled up record profits in fiscal years 2005 through 2008, but now is trying to leave behind a second year of losses.
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Hurco reports smaller loss on higher revenue

September 3, 2010
The Indianapolis-based machine tool maker said the increase in sales primarily was driven by increased demand for computerized metal cutting machines, particularly in the Asia Pacific region.
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Hurco suffers loss despite better sales

June 4, 2010
Indianapolis-based machine tool maker lost $1.5 million in its second fiscal quarter, which was much greater than the loss it reported in the same period last year.
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Hurco suffers loss as sales plummet

March 11, 2010
 IBJ Staff
The Indianapolis-based manufacturer's quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the year before.
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Steep sales decline forces Hurco to slash executive pay

January 27, 2010
Peter Schnitzler
Indianapolis-based machine toolmaker's CEO takes 63-percent compensation cut.
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Hurco posts quarterly, yearly losses

December 15, 2009
The company attributed its losses to the ongoing global recession and the credit crunch that has made it difficult for businesses to obtain financing to purchase Hurco's products.
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UPDATE: Hurco exec getting $500,000 exit package

October 2, 2009
 IBJ Staff and Associated Press
James D. Fabris, who is leaving Hurco Cos. Inc. at the end of the month following a long management tenure, will receive an exit package worth more than $500,000.
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Hurco president Fabris to resign

October 1, 2009
 IBJ Staff and Associated Press
Indianapolis-based Hurco Companies Inc., a computer control and software maker, said Thursday that James D. Fabris will resign as president and chief operating officer as of Oct. 31.
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Hurco suffers quarterly loss as sales plummet

August 28, 2009
 IBJ Staff
Indianapolis-based Hurco Cos. this morning reported another quarterly loss after sales dropped a staggering 64 percent. Hurco lost $1.2 million, or 19 cents a share, in its fiscal third quarter ended July 31. The company had a profit of $5.8 million, or 90 cents a share, during the same quarter last year.
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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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