Sales growth of more than 22 percent in 2017 compared with the previous 12 months propelled Hurco Europe, High Wycombe, to another record year and a turnover of £23 million.
The company sold close to 300 Hurco machining centres and lathes into the UK and Ireland, 38 percent of which went to first-time users of Hurco 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 5-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 one-third of whom are service engineers. The number of application engineers has increased to six, reflecting the high level of support that is being provided to the firm’s expanding customer base.
Looking forward to MACH 2018 next April, David Waghorn, managing director of Hurco Europe commented, “we are excited that the show comes at a time when UK and Irish subcontractors seem to be busier than ever, especially in the automotive supply chain but also more widely from aerospace and medical to tool and mould making.
We will be launching a new range of bridgetype machining centres in Birmingham, with the BX50i in evidence on our stand, whilst the smaller BX40i machine was previewed at our open house in December. The design is ideal for producing tools, moulds and higher accuracy components.
“At our December open house, we welcomed in excess of 80 visitors from more than 50 companies into our showroom in High Wycombe. Sales of £1.5 million have already been secured in December. We look forward to continuing that success at MACH and making 2018 another record year for Hurco.”