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Stock Market & Financial Investment News

News Breaks
December 21, 2012
06:57 EDTHDNGHardinge acquires Usach Technologies
Hardinge announced that it has acquired Usach Technologies, an American machine tool company and leading provider of high-precision, computer-controlled ID and OD grinding machines and grinding systems based in Elgin, Illinois. Usach Technologies' revenue in 2012 is expected to be approximately $14M, with an ending backlog of approximately $24M. Hardinge expects the acquisition to be accretive in 2013.
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