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Hardinge Inc. Sells Swiss Workholding Business

2013-12-26 06:00:00| Industrial Newsroom - All News for Today

ELMIRA, N.Y. &ndash; Hardinge Inc. (Nasdaq:HDNG), a leading international provider of advanced metal-cutting solutions, announced today the sale of its Swiss Forkardt workholding operations for initial consideration of approximately $5.9 million, net of cash remaining with the business. After a comprehensive sales process, the successful bidder was a private group that was led by management of the Swiss Forkardt business.<br /> <br /> Richard L. Simons, Chairman, President Chief Executive ...

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