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Product category: Manufacturing dealerships, agencies and acquisitions
News Release from: NCMT
Edited by the Manufacturingtalk Editorial Team on 28 September 2006

Okuma machine tool firm restructures

Note: A free brochure or catalogue is available from NCMT about its services. Click here to request a copy.

Now operating under one 'banner' are the Japanese machine tool builders Okuma Holdings, Okuma and Howa Machinery and Okuma Engineering Co - represented in UK and Ireland by NCMT.

In October 2005, the Japanese machine tool manufacturer, Okuma, took over Okuma and Howa (O and H), another Japanese builder of machine tools in which it previously had a minority shareholding It was the precursor to the merging under the Okuma Corporation banner of three wholly owned subsidiaries - Okuma Holdings, Okuma and Howa Machinery and Okuma Engineering Co The latter company specialised in machine tool repair and spares

The changed structure creates a group whose assets are worth nearly Yen 160 billion, and with a turnover that makes it the second largest machine tool manufacturer in the world.

The latest development is that all O and H machines will in future bear the Okuma logo and livery, completing the absorption of O and H into the enlarged group.

Users in the UK of O and H machines, mainly vertical turning centres, machining centres and CNC lathes, will continue to receive service and back-up from NCMT, which was the O and H sole agent and conveniently also represents Okuma in Britain and Ireland. Request free introductory details about products from NCMT ...

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