INDIANAPOLIS—Hurco Companies, Inc., an Indianapolis company that designs and manufactures CNC mills and lathes for the worldwide metal cutting market, has finalized a sponsorship agreement with Sarah Fisher Hartman Racing (SFHR) for the Indianapolis 500 race and the balance of the 2013 IZOD IndyCar Series season. Therefore, the Hurco logo will appear on both the #21 SFHR car and the #22 Panther Dreyer & Reinbold (DRR) car at today’s Indianapolis 500.As part of the agreement, Hurco will provide the race team with CNC machining centers for the team’s machine shop located at their new facility in Speedway. In addition to the Hurco logo being featured on the #21 car, Hurco will receive VIP access to the team’s race facilities during the IZOD IndyCar season that will be used to give customers behind-the-scenes track experiences.Greg Volovic, President of Hurco Companies, said, “Actually, the sponsorship decision we made with Sarah Fisher Hartman Racing is due in large part to the success we’ve had as the sponsor of another Indianapolis team, Dreyer & Reinbold Racing. We have had an extremely positive experience with DRR. The team has treated us and our customers like family. Our customers continually tell us how much they appreciate the track experience and hospitality,” explained Volovic. Hurco has been a sponsor of the DRR #22 car for the past three seasons, but the team owners announced plans to exit IndyCar for the balance of the 2013 season after the Indianapolis 500.
About Hurco Companies, Inc. Hurco Companies, Inc. is an industrial technology company that designs and produces interactive computer controls, software and computerized machine tools for the worldwide metal cutting and metal forming industry. The end market for the company's products consists primarily of independent job shops and short-run manufacturing operations within large corporations in industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment. Hurco is based in Indianapolis, Indiana, with manufacturing operations in Taiwan and China, and sells its products through direct and indirect sales forces throughout North America, Europe, and Asia. The company has sales, application engineering support and service subsidiaries in Canada, China, England, France, Germany, India, Italy, Poland, Singapore, South Africa, South Korea and the United States of America. More information about Hurco can be found at www.hurco.com
About Sarah Fisher Hartman RacingSarah Fisher Hartman Racing (SFHR) was established in 2008 and is owned by former driver Sarah Fisher, the youngest woman ever to compete in the Indianapolis 500 and the first woman to run a full IZOD IndyCar Series schedule, and businessman Wink Hartman. SFHR has competed in the IZOD IndyCar Series since 2008, earning its first victory in 2011 at Kentucky Speedway.
About Dreyer & Reinbold RacingDreyer & Reinbold Racing is entering its 14th season of full-time competition in 2013, making it one of the longest-tenured teams in IZOD IndyCar Series competition. Current Co-Owners, Dennis Reinbold and Robbie Buhl, first teamed in full-time competition at the Walt Disney World Speedway in January of 2000. With Buhl behind the wheel, the two owners tasted victory in their debut race. The 2009 IZOD IndyCar Series season-opener, on the streets of St. Petersburg, marked Dreyer & Reinbold Racing's 200th series start. DRR now has over 270 starts to tuck under its belt and has qualified a total of 27 cars for the Indianapolis 500. In its history, the team has boasted a championship list of alumni drivers. Besides Buhl, the team has run Indianapolis 500 winners, Al Unser, Jr., Buddy Lazier, and Buddy Rice, along with IZOD IndyCar Series race winner, Ryan Briscoe. The team has one of the longest lines of heritage in American open-wheel racing and the Indianapolis 500 as Dennis Reinbold's grandfather, "Pop" Dreyer, built leading roadsters that raced at the Indianapolis Motor Speedway during the 30s, 40s, and 50s.More information about the team can be found at www.dreyerreinboldracing.com
In April this year at the 13th China International Machine Tool Exhibition (CIMT) in Beijing, Hurco China proved to the market that they are a world leading machine tool manufacturer. With an updated brand identity, and an impressive booth design that was nearly twice the size of the 2011 booth, Hurco China clearly expressed their strategy has changed. Hurco China has seen substantial growth over the past two years and they capitalized on the opportunity at CIMT to showcase Hurco’s high quality standards from the booth design to the machines. “Innovation and sustainable development" was the official theme of CIMT, which was clearly displayed in Hurco’s booth. In an era of rapid technological growth, Hurco China, as the machine tool industry leader, must continually develop and innovate to meet the challenges of the future.Hurco brought two new looks and concept machine models to CIMT: the VMX24HSi and VMX42RTi as well as the two most popular classic models, the VM10 and TMX10MY. The High Speed and 5-Axis Hurco machines drew a large crowd, resulting in a record number of sales for Hurco China. Hurco prides itself on innovation and success by providing the Chinese user with the latest technology and highest quality machines. Inside the booth, Hurco China ran programming contests at their Demo Control Bar, proving to visitors that Hurco is the leader of the intelligent control systems and a full solution provider. During CIMT, Hurco was honored to receive the 2013 annual China Metal Processing Product Innovation Award in the Metal Processing forum, which was sponsored by the magazine Modern Manufacturing. The winning product, VMX24HSi, is a new type of high speed machining center. The Hurco high speed machining centers are created with the highest quality components and specifications necessary to go fast while maintaining accuracy. Hurco’s patented motion control system, Ulitmotion, set these machining centers apart from their competitors by reducing cycle times up to 30%.During the six-day event, Hurco received more than ten contract orders. The outstanding presentation and intelligent products attracted several national industry companies to the booth including the China Machine Tool Corporation. The Vice President of China Machine Tool Corporation, Ms. Zou Xiaohua, spent time with the General Manager, Mr. Yao Xue, of Hurco China and Chief Executive Officer, Mr. Michael Doar of Hurco Companies, Inc., to discuss the growth of Hurco in China. Mr. Yao Xue also spoke to a large number of media outlets stating, "Hurco is a machine tool manufacturer with high-end products, intelligent technology and a user-friendly control system. We will continue to perfect our service and sales network to maximize our growth in China.” CIMT was a great success for Hurco China and the message that Hurco provides the highest quality machine tools with superior technology was well received.