Company type | Private |
---|---|
Headquarters | , United States |
Products | Machine Tools |
Website | www |
Hardinge, Inc. is a multi-national machine tool builder with global headquarters in Berwyn, PA, USA. It began operation in 1890. Hardinge is best known for its lathes, both non-CNC and CNC.
Hardinge Inc. machine tool brands now include Hardinge, Bridgeport, Kellenberger, Usach, Hauser, Jones & Shipman, Voumard, and Tschudin. It currently has locations in the United States, England, Germany, Switzerland, China, Taiwan and India.
On May 29, 2018, Privet Fund Management LLC completed the acquisition of Hardinge, Inc. for approximately $245 million.[1]
On July 29, 2024, Hardinge filed for Chapter 11 bankruptcy protection, blaming Chinese regulators who cancelled plans to sell its Chinese operations as part of the decision. The company will sell itself to affiliates of Centre Lane Partners.[2]
The company employs approximately 1500 staff.
References
[edit]- ^ "Privet Fund Management LLC Completes Acquisition of Global Machine Tool Solutions Provider Hardinge Inc" (Press release).
- ^ Church, Steven (July 29, 2024). "US Machine Maker Files Bankruptcy, Blaming Chinese Regulators". Bloomberg Law. Retrieved July 29, 2024.
External links
[edit]- Official website
- Historical business data for Hardinge, Inc.:
- SEC filings
- Machine tool builders
- Tool manufacturing companies of the United States
- Privately held companies based in New York (state)
- Manufacturing companies established in 1890
- 1890 establishments in New York (state)
- 2018 mergers and acquisitions
- Companies that filed for Chapter 11 bankruptcy in 2024
- Metalworking stubs
- United States manufacturing company stubs