I couldn't let the month of October end without acknowledging our 45th birthday...it was October of 1968 when Mr. Roch asked Mr. Humston if he wanted to start a shop. Hurco co-founder, Gerald V. Roch, inventor of CNC and conversational progamming, sat down with me so I could document our company's founding…and he didn't "sugarcoat" it. He talked about failed product launches, financial challenges, and the times he feared the company would fold. During the coming weeks, we will post different parts of the interview with Mr. Roch. To skip the blog article and go straight to the video, scroll to the bottom!
In today’s industry it’s all about quick setup and changeover between parts...especially in an environment where you run a high-mix of low volumes. In this article I want to discuss how part and tool probing can offer a real advantage for the shops that find themselves in this type of environment.
It's that time of year again...figuring out how to keep more of your money for your business. Our friends at Tech Financial sent us the latest information on this year's Section 179 Federal Income Tax Deduction...it's not as great as the 2011 Section 179, but it's still money in your pocket. REMEMBER, we are not accountants so please check with your accountant to confirm eligibility for tax benefits.
Earlier this year, I reviewed the results from the Benchmarking Report by Modern Machine Shop called TOP SHOPS and promised to give you an update when the 2013 results were published. This blog post only touches on a fraction of the information contained in this incredibly extensive report—the Executive Summary alone is 22 pages—so I encourage you to explore Modern Machine Shop’s TOP SHOPS ZONE