Hurco Companies, Inc. · NASDAQ:HURC
Hurco Companies — Investor Presentation (July 2015)
48 slides from Hurco Companies's investor presentation, July 2015
Slide 1: Hurco Companies Inc.
Hurco Companies Inc.
Slide 2: About Hurco
About Hurco
Slide 3: Hurco Companies Inc.
Hurco Companies Inc. • Over $220 million in sales revenue and almost 50 years of machine production • Hurco sells more than 70% of its machines outside of the United States • ISO 9001 certified Public company traded on NASDAQ exchange in USA (symbol HURC)
Slide 4: Indianapolis - USA
Indianapolis - USA • More than 200 employees • 650 worldwide • Machine research and development, design, software, controls, electrical and mechanical engineering • Also some manufacturing and assembly as well as finance and human resources • Sales, service, training and applications engineering for
Slide 5: Hurco Manufacturing LTD
Hurco Manufacturing LTD • Hurco owns and operates five factories in Taiwan • Four machine tool production plants and one controls factory
Slide 6: Hurco Manufacturing LTD
Hurco Manufacturing LTD HURC®
Slide 7: LCM - Italy
LCM - Italy • Hurco subsidiary • Founded in 1986 and based in Castell’Alfero, Italy • Leading supplier of components for 4- and 5-axis machine tools • Electrospindles, rotary tables, tilt/trunnion tables and milling/spindle heads
Slide 8: Global Reach
Global Reach thru 12 operating companies
Slide 9: Hurco's Story
Hurco’s Story 1996 2008* 2014 Sales and Service $99,351 $223,994 $223,303 Fees Net income (loss) $4,264 $22,520 $15,143 EPS $.72 $3.49 $2.30 Cash $1,877 $26,394 $53,846 Total assets $59,750 $177,444 $236,931 Debt $22,110 -- $3,272 Shareholders equity $16,141 $123,477 $164,645 Book value per share $2
Slide 10: Industries Served
Industries Served Our Best Customers
Slide 11: Industries Served
Industries Served Aerospace Military & Defense Gas & Oil Biomedical Automotive Die Mold Research & Schools & Development Universities
Slide 12: Just a Few of Our Customers
Just a Few of Our Customers —— = JOHN DEERE & Z @ BOSCH Invented for life a & fohnen-sfohowen mind over metal HURC®
Slide 13: Success Stories
Success Stories “T boughtmy first Hurco because | wanted to have a lean, fast turn-around business.” During the past 22 years, Gregor Technologies has achieved an average annual growth rate of 25 percent, ra employs 60 people, and has 31 Hurco machine tools housed in their 70,000 square foot facilit
Slide 14: High Mix, Low Volume
High Mix, Low Volume Typically small to medium- Mold shops sized businesses but also Tool rooms many Fortune 500 companies Prototype and R&D Contract manufacturers (job Automation and special shops) machinery builders Tool and die EDM specialty shops
Slide 15: Hurco Technology
Hurco Technology Solutions For Our Customers
Slide 16: The Common Customer Issue
The Common Customer Issue Worldwide the #1 issue that our customers are trying to solve is: “How do I become more efficient so that I make more money?” Answer… It’s all about time. Customer Issue Hurco Solution Reduce Setup Time Hurco WinMax Control Reduce Cut Time Hurco UltiMotion Technology Reduce
Slide 17: The Hurco Control
The Hurco Control our technology differentiator
Slide 18: Flexibility + Simplicity
Flexibility + Simplicit y get our customers from print-to-part the fastest
Slide 19: Conversational Makes It Easy
Conversational Makes It Easy Read the print Answer questions Verify the program
Slide 20: DXF | 3 Steps To Making Chips
DXF | 3 Steps To Making Chips Import the CAD file Select + AutoProgram Verify the program
Slide 21: NC Productivity
NC Productivity Run ISO/EIA NC programs Graphical code search Verify NC programs
Slide 22: Control Evolution
Control Evolution 1978 1984 BX Dual Screen Control UltiMax 1996 Single Screen Max 2000 2012 WinMax Dual Screen 2015 Dual Screen Desktop WinMax9 WinMax10
Slide 23: 2015 - Max 5
2015 - Max 5 Designed and bullt for mac Remote jog with LCD Digital Read Out with mini graphics enhanced usability Adjustable-angle 3 keypad
Slide 24: UltiMotion | Superior Motion Control
UltiMotion | Superior Motion Control New software based motion control system Wholly owned by Hurco with 4 patents awarded Supports up to 5-axis simultaneous motion
Slide 25: Smoothing
UltiMotion™ Smoothing Optimizes the machine motion path to increase performance and surface finish without sacrificing • Picture of race course from part sky accuracy • Purely geometric
Slide 26: 3D Solutions
3D Solutions Aerospace Part 40% Gain In Throughput UltiMotion: 1hr 40mins Standard Motion: 2hrs 20mins
Slide 27: Product Range
Product Range More than 60 different models
Slide 28: Almost 50 Years Of Innovation
Almost 50 Years Of Innovation Expansion to over 60 models 1978 2015 First Hurco Latest Hurco Machining Center 5-Axis SRTi
Slide 29: Product Range
Product Range Today, Hurco builds more than 60 different models, from the largest HBMX95-5i horizontal boring mill to the smallest VM5i vertical machining center
Slide 30: Product Range
Product Range Vertical machining CNC turning centers centers General purpose General purpose High performance High performance Specialty machines High speed Horizontal machining Five-axis machining centers centers Horizontal boring mills Trunnion style Double column Swive
Slide 31: Vertical Machining Centers
Vertical Machining Centers Most popular product
Slide 32: Vertical Machining Centers
Vertical Machining Centers VM Series Affordable general purpose machines VM5i 18” x 14” x 14” #40 taper VM10i 26” x 16” x 20” #40 taper VM20i 40” x 20” x 20” #40 taper VM30i 50” x 20” x 20”
Slide 33: Vertical Machining Centers
Vertical Machining Centers VMX Series Performance machining centers Small & medium size VMX24i 24” x 20” x 24” #40 taper VMX30i 30” x 20” x 24” #40 taper VMX42i 42” x 24” x 24” #40 taper
Slide 34: Vertical Machining Centers
Vertical Machining Centers VMX Series Performance machining centers Large size VMX50i 50” x 26” x 24” #40 or #50 taper VMX6030i 60” x 30” x 24” #40 or #50 taper VMX64i 64” x 34” x 30” #40 or #50 taper VMX84i 84” x 34” x 30”
Slide 35: Vertical Machining Centers
Vertical Machining Centers VMX- HS Series High-speed machining centers 18,000 rpm spindles VMX24HSi 24” x 20” x 24 HSK #63 VMX30HSi 30” x 20” x 24” HSK #63 VMX42HSi 42” x 24” x 24” HSK #63
Slide 36: Five-axis Machining Centers
Five-axis Machining Centers Fastest growing product line
Slide 37: Five-Axis Machining Centers
Five-Axis Machining Centers Trunnion style C-frame Traveling column VM10Ui 21” x 16” x 19” 8” rotary VMX30Ui 30” x 20” x 20.5” 10” rotary VMX42Ui 42” x 24” x 20.5” 14” rotary VMX60Ui 60” x 26” x 20.5” 20” rotary VTXUi 31.5” x 28” x 20” 24” rotary
Slide 38: Five-Axis Machining Centers
Five-Axis Machining Centers Swivel head Optional A-axis Integrated C-axis VMX42SWi 42” x 24” x 24” VMX42SRTi 42” x 24” x 24” 24” rotary VMX60SWi 60" x 26" x 24" VMX60SRTi 60" x 26" x 24“ 24” rotary VMX84SWi 84" x 34" x 30"
Slide 39: CNC Turning Centers
CNC Turning Centers With famous WinMax control
Slide 40: CNC Turning Centers
CNC Turning Centers TM Series (2-axis) Affordable general TM6i 6” chuck 1.75” bar purpose machines TM8i 8” chuck 2” bar TM10i 10” chuck 3” bar TM12i 12” chuck 4” bar TM18i 18” chuck 6.5” bar TM18Li 18” chuck 6.5” bar TM18L-BBi 22.8” chuck 10.5” bar
Slide 41: CNC Turning Centers
CNC Turning Centers TMM Series Live tooling and C- TMM8i 8” chuck axis 2” bar TMM10i 10” chuck 3” bar TMM12i 12” chuck 4” bar
Slide 42: CNC Turning Centers
CNC Turning Centers TMX Series High-performance TMX8i 8” chuck available with Y-axis 2” bar and sub-spindle TMX8MYi* 8” chuck 2” bar & Y-axis mill TMX8MYSi* 8” chuck 2” bar, Y-axis & sub TMX10i 10” chuck 3” bar TMX10MYi* 10” chuck 3” bar & Y-axis mill TMX10MYSi* 10” chuck 3” bar, Y-axis & sub *A
Slide 43: Specialty Machines
Specialty Machines With famous WinMax control
Slide 44: Horizontal Machining
Horizontal Machining Hurco HMX Series feature “box-in-box” design HMX400i 24” x 22” x 26” #40 taper HMX500i 32” x 24” x 25” #40 taper HMX500-50Ti 32” x 24” x 25” #50 taper HMX630i 41” x 35” x 39” #50 taper
Slide 45: Boring Mills
Boring Mills Hurco boring mills offer full simultaneous contouring 4th axis as standard HBMX55i 4” bar 55” x 55” x 43” x 19” HBMX80i 4” bar 79” x 71” x 67” x 20” HBMX95-5i 5” bar 94” x 83” x 59” x 35”
Slide 46: Double Columns
Double Columns Biggest machines available with WinMax control DCX 22i 86” x 66” x 30” #40 taper DCX22-50Ti 86” x 66” x 30” #50 taper DCX32i 126” x 83” x 36” #50 taper DCX42i 165” x 102” x 43” #50 taper
Slide 47: Hurco's Future Is Bright
Hurco’s Future Is Bright We are an attentive supplier to manufacturing We move fast due to our technology We are customer focused
Slide 48: mind over metal
mind over metal” HURC®