ELMIRA, N.Y. -- (Business Wire)
Hardinge Inc. (NASDAQ: HDNG), a leading international provider of
advanced metal-cutting solutions, announced today that its Board of
Directors has approved payment of a regular quarterly cash dividend of
$0.02 per common share. The dividend is payable March 08, 2013, to
stockholders of record at the close of business on February 28, 2013.
Hardinge is a leading global designer and manufacturer of high
precision, computer-controlled machine tool solutions developed for
critical, hard to machine metal parts. The Company’s strategy is to
leverage its global brand strength to further penetrate global market
opportunities where customers will benefit from the technologically
advanced, high quality, reliable equipment Hardinge produces. With
approximately 75% of its sales outside the U.S., Hardinge serves the
worldwide metal working market. Hardinge’s machine tool solutions can
also be found in a broad base of industries to include aerospace,
agricultural, automotive, construction, consumer products, defense,
energy, medical, technology and transportation.
Hardinge applies its engineering design and manufacturing expertise in
high performance machining
centers, high-end cylindrical and jig grinding
machines, SUPER-PRECISION® and precision CNC
lathes and technologically advanced workholding accessories.
Hardinge has manufacturing operations in China, Switzerland, Taiwan, the
United Kingdom and the United States.
The Company regularly posts information on its website: http://www.hardinge.com
Safe Harbor Statement
This news release contains forward-looking statements (within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended). Such
statements are based on management's current expectations that involve
risks and uncertainties. Any statements that are not statements of
historical fact or that are about future events may be deemed to be
forward-looking statements. For example, words such as "may," "will,"
"should," "estimates," "predicts," "potential," "continue," "strategy,"
"believes," "anticipates," "plans," "expects," "intends," and similar
expressions are intended to identify forward-looking statements. The
Company's actual results or outcomes and the timing of certain events
may differ significantly from those discussed in any forward-looking
statements. The Company undertakes no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future events, or otherwise.
Edward J. Gaio, 607-378-4207
Deborah K. Pawlowski, 716-843-3908
Source: Hardinge Inc.
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