| 1930s: |
 |
Designed the first contour cutting machine in the
world |
| 1940s: |
|
First American machine tool company to run two shifts during
World War II. |
| 1950s: |
|
First American-built numerically-controlled lathes were
introduced by Monarch at 1955 Chicago Machine Tool Exposition. (This machine was the
prototype of NC machines that have become the standard in the metalcutting industry.) |
| 1960s: |
|
Edlund Machine Company acquired by Monarch in 1963, in
Cortland, NY. From Edlund's drill press evolved Monarch's vertical machining centers
(VMCs) and production machining centers (PMCs) that represent signature product lines of
the Cortland division. |
| |
In 1967, construction of a new plant was begun in Cortland.
The innovative facility was judged by Modern Manufacturing to be one of nation's 10
best plants for overall excellence of its production facilities. |
| |
Monarch expands with acquisition of Stamco, a custom metal
coil processing equipment manufacturer in New Bremen, Ohio. |
| 1980s: |
|
Monarch's annual sales reach $140 million. |
| |
"B" line of machining centers introduced. |
| 1990s: |
|
PMC Production Machining Centers introduced, gain fast market
acceptance. |
| |
Agreement with Spinner GmbH, Germany, to sell and service
Monarch/Spinner Ultra-Precision Turning Centers™ in U.S. and eastern Canada. |
| 1999 |
|
Alliance with Unisign, BV, prominent Dutch tool manufacturer, to
manufacture and sell to U.S. customers their full lines of high-performance Zonal
Traveling Column and UMB Gantry-Type Vertical Machining Centers. |
| 2000 |
|
Monarch vertical machining center division acquired by management and
Cygnus Management advisors. New Monarch Machine Tool, Inc. to continue offering a full
line of metalworking equipment and services under the Monarch Machine Tool name. Genesis
Worldwide (www.gen-world.com) retains the metal coil processing equipment line under the
Stamco trademark. The lathe division previously acquired by Lucas Precision
(www.lucasprecision.com) of Cleveland, OH. |
