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Stock impact report

Hurco and Universal Robots Showcase Integrated Automation Packages at IMTS

Hurco Companies, Inc. (HURC) 
US:NASDAQ Investor Relations: hurco.com/en-us/about-hurco/investors
Company Research Source: GlobeNewswire
INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The strategic collaboration between Hurco Companies, Inc. (Nasdaq: HURC), a global leader in CNC machine tools and control technologies, and Universal Robots (UR), a pioneer in collaborative robotics, has culminated in the development of a revolutionary automation solution aimed at tackling the most significant challenge that manufacturers face today – the pervasive, and increasing, shortage of machinists and other skilled labor. While the benefits of automation have been obvious for years, the costs associated with implementing custom solutions has remained a high barrier to adoption, particularly for Hurco's target demographic of high-mix manufacturers. The success of the Hurco-UR collaboration stems from our shared philosophy of bringing usable technology to the masses. What Hurco did for CNC machine controls, having invented conversational programming, UR did for robotics, by empowering end-users to program and operate cobots eas Show less Read more
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