Another record year for Hurco

Sales growth of more than 22% in 2017 compared with the previous 12 months propelled Hurco Europe to another record year and a turnover of £23m. The company sold close to 300 Hurco machining centres and lathes into the UK and Ireland, 38% of which went to first-time users of the company’s machine tools. In addition, under a long-standing agency agreement, the company delivered six German-built Roeders machining centres into the same markets, all but one in five-axis configuration and two with advanced automation.

In parallel with the upturn in business, the number of employees at Hurco Europe has grown to 50, more than a third of whom are service engineers. The number of applications engineers has increased to six, reflecting the level of support that is being provided to the firm’s expanding customer base. One explanation for the company’s growth is a 40% increase in the number of five-axis machining centres sold.
For further information