Hardinge, Inc. is a multi-national
machine tool builder A machine tool builder is a corporation or person that builds machine tools, usually for sale to manufacturing, manufacturers, who use them to manufacture products. A machine tool builder runs a machine factory, which is part of the machine industry ...
with global headquarters in
Berwyn, PA, USA. It began operation in 1890. Hardinge is best known for its
lathes
A lathe () is a machine tool that rotates a workpiece about an axis of rotation to perform various operations such as cutting, sanding, knurling, drilling, deformation, facing, threading and turning, with tools that are applied to the ...
, both non-CNC and
CNC.
Hardinge Inc. machine tool brands now include Hardinge,
Bridgeport
Bridgeport is the most populous city in the U.S. state of Connecticut and the fifth-most populous city in New England, with a population of 148,654 in 2020. Located in eastern Fairfield County at the mouth of the Pequonnock River on Long Is ...
,
Kellenberger,
Usach, Hauser,
Jones & Shipman,
Voumard, and
Tschudin. It currently has locations in the United States, England, Germany, Switzerland, China, Taiwan and India.
On May 29, 2018, Privet Fund Management LLC completed the acquisition of Hardinge, Inc. for approximately $245 million.
On July 29, 2024, Hardinge filed for
Chapter 11 bankruptcy
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, w ...
protection, blaming Chinese regulators who cancelled plans to sell its Chinese operations as part of the decision. The company will sell itself to affiliates of Centre Lane Partners. The sale was completed on September 19, 2024.
The company employs approximately 1500 staff.
References
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Machine tool builders
Tool manufacturing companies of the United States
Privately held companies based in New York (state)
Manufacturing companies established in 1890
1890 establishments in New York (state)
2018 mergers and acquisitions
Companies that filed for Chapter 11 bankruptcy in 2024
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