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Tooling 2000 has invested £1.8 million over two years in new plant and hiring, including a Hurco TM12i CNC lathe and two five-axis machining centres, to expand into sub-contract machining for sectors like power generation.
KR-Tools, a Czech contract manufacturer, signed a contract with Hurco for two new Takumi 3-axis machining centers, with one arriving in 2022 and the second in early 2023. The company also plans a new production hall and a possible 5-axis machine.
Hurco acquired 100% of the business, technology, goodwill and operating assets of Taiwanese machine tool manufacturer Takumi Machinery. Takumi specializes in CNC vertical machining centers and other machine tools.