Indianapolis-based Hurco Companies Inc. (Nasdaq: HURC) is reporting record fiscal third quarter net income of $6.5 million, up from $3.9 million during the same period last year. Chief Executive Officer Michael Doar says the CNC manufacturer also hit record sales in all three of its geographic regions.
Doar says the European and Asian machine tool markets continue to be strong and have been the largest contributing factors to the company's year-over-year surge in demand. Sales and service fees for the quarter totaled $78.8 million, up nearly $18 million from the same quarter in 2017.
Hurco says it will celebrate its 50th anniversary at the 2018 International Manufacturing Technology Show in Chicago later this month. You can view the full fiscal third quarter earnings report by clicking here.
By Larry Gigerich Executive Managing Director, Ginovus
As a high school senior at North Central High School in Indianapolis, Martin Moore, one of the best teachers that I ever had, challenged our Accelerated American Government class to think about how we nominate presidential candidates in the United States. Little did I know at the time that our conversations about changing the presidential primary/caucus structure would ring so true a few decades later. In response to Mr. Moore’s challenge, I wrote a paper outlining...
The city of Fishers is one of 12 finalists for the Robert Wood Johnson Foundation Culture of Health Prize. The award honors "communities that are bringing partners together around a shared commitment to health, opportunity, and equity."
The chief executive officer of a Greenwood-based company has been named the 2019 Small Business Person of the Year for Indiana. U.S. Small Business Administrator Linda McMahon announced Monday this year's winners from all 50 states, the District of Columbia, Puerto Rico, and Guam.
An orthodontic practice in central Indiana has launched a campaign supporting a nonprofit honoring former Butler University basketball star Andrew Smith. Gorman & Bunch Orthodontics says the Be The Change campaign aims to have up to 430 people join the bone marrow registry. Jason Bunch is spearheading the effort and says the practice wanted to support Project 44 after its founder, Andrew Smith's wife, Samantha Smith spoke at an event it hosted by the practice.
The chief executive officer of a Greenwood-based company has been named the 2019 Small Business Person of the Year for Indiana. U.S. Small Business Administrator Linda McMahon announced Monday this year's winners from all 50 states, the District of Columbia, Puerto Rico and Guam. Casey Wright is the CEO of Wright's Gymnastics Academy and Ninja Zone.
Indianapolis-based Brackets For Good Inc. is changing up its annual fundraising program. The sports-themed fundraising organization has launched Champ's Charity Challenge, in which users can fill out brackets for the NCAA men's college basketball tournament in the name of their charity of choice. The previous iteration of the program saw nonprofits competing in a tournament-style bracket of their own to see who could raise the most money. In an interview with Inside INdiana Business...