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HDNG Stock - Hardinge, Inc.

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HDNG Profile

Hardinge, Inc. logo

Hardinge, Inc. (HDNG) is a leading global designer, manufacturer, and distributor of advanced metal-cutting machine tools and accessories. The company operates through three segments: metal-cutting machine solutions, aftermarket tooling and accessories, and industrial products.

The metal-cutting machine solutions segment offers a range of high-precision computer-controlled metal-cutting turning machines, grinding machines, and machining centers, as well as collets, chucks, and other workholding devices. The aftermarket tooling and accessories segment offers a range of products, including collets, chucks, and other toolholding devices, as well as replacement parts and repair services. The industrial products segment offers workholding systems, power feed collets, and other products used in manufacturing and assembly operations.

The company serves a diverse range of customers in various industries, including aerospace, defense, medical, automotive, energy, telecommunications, and consumer products. Hardinge has a global presence, with operations in North America, Europe, and Asia, and serves customers in more than 65 countries worldwide.

In recent years, Hardinge has focused on expanding its product portfolio and improving operational efficiencies. The company has introduced new products and technologies to meet the changing needs of its customers and has invested in automation and other process improvements to increase production efficiency and reduce costs.

As of September 2021, Hardinge is a subsidiary of Privet Fund Management LLC, a private equity firm that specializes in small and mid-cap


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