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Monarch First Company to Ship Machines with New Controller The Monarch Machine Tool Company (NYSE:MMO) announced today that it is the first machine tool manufacturer in the United States to integrate GE Fanuc's latest CNC controller, the 15i, into a production machine. GE Fanuc is the world's leading producer of CNC controllers, drives, and associated hardware and software. "Monarch is extremely pleased and proud to have been chosen by GE Fanuc to be the first company to integrate this state of the art controller" said Wayne Hanna, President of Monarch, "It is a real compliment to our people and their ability to get things done that GE Fanuc choose us for this important new product introduction." The announcement was made at the Cortlandville plant by Hanna and by Katsuo Koharie, Executive Vice President of GE Fanuc Automation. Integrating this controller into Monarch machines has reaffirmed Monarch's return as a leader in machine tool technology. The new technology used in the controller will allow Monarch machines to operate faster and with far better accuracy then ever before. This is of great interest to Monarch's customer base, which includes large companies like GE Aircraft Engines, Pratt & Whitney, Allied Signal and Teledyne. These customers are always looking for ways to increase productivity and accuracy on production parts which include engine blocks, gear boxes and other automotive and aerospace related parts. Monarch plans on phasing in the new controller across its entire product over the next few months. It is also involved in a joint development project with its European partner, Unisign BV, to integrate the 15i into Unisign designed machines that will be manufactured in Cortland by Monarch. Last year, Monarch purchased the rights to manufacture Unisign's machines in the United States and is currently in the process of producing the first units. The Monarch Machine Tool Company engineers and manufactures high-quality vertical machining centers, metal coil processing and roll coating equipment and paper coating and laminating equipment. Headquartered in Dayton, Ohio, the company has manufacturing facilities in the United States and the United Kingdom. GE Fanuc Automation Corporation is a global enterprise dedicated to helping companies around the world manage the process of change through factory automation. A joint venture of General Electric Company and FANUC LTD of Japan, its reputation rests on its unparalleled experience in automation control, its practice of first-class research and development, and its award-winning manufacturing facilities. With world headquarters in Charlottesville, Virginia, GE Fanuc has operations serving the Americas, Europe, and Asia with a total of 1,500 employees. For further information contact Jan DeNijs (Monarch) at (607) 753-6001 ext 247, or Bob Stuben (GE Fanuc) at (804) 978-6932. |
May 18, 1999
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