Absolute Machine Tools Announces 100% Sale of Company to Employee Stock Ownership Plan (ESOP)
Absolute Machine Tools announces that the company has been sold and is now owned by an Employee Stock Ownership Trust (ESOP), effective immediately. In the transaction owners Steve and Courtney Ortner sold 100% of their ownership interest to a newly created ESOP, allowing current and future employees to gain a beneficial ownership interest in the Company without any personal monetary investment.
Absolute Machine Tools Demonstrates LICO LND-65D-S3 11-Axis Mill/Turn Center in Booth 3050 at PMTS 2019
In Booth 3050 at PMTS 2019, Absolute Machine Tools will demonstrate the LND-65D-S3 11-Axis mill/turn center. With up to 5 tools in the cut simultaneously, the machine can produce parts faster than conventional twin spindle, multi-turret machines.
Absolute Machine Tools Demonstrates LICO LNT-42S-S4 Single-Spindle Multi-Slide Screw Machine in Booth 3050 at PMTS 2019
In Booth 3050 at PMTS 2019, Absolute Machine Tools will demonstrate the LNT-42S-S4 single-spindle multi-slide screw machine. The LICO LNTS line of multi-slide screw machines can outperform even cam automatics.
Absolute Machine Tool Demonstrates 7-axis, 20mm Nexturn SA-20B CNC Swiss-Type Lathe With CNC Indexing 12′ Tracer 20 Hydrodynamic Magazine Bar Feeder in Booth 3050 at PMTS 2019
Absolute Machine Tools will demonstrate the cost-efficient Nexturn SA-20B CNC Swiss lathe in booth 3050 at PMTS 2019. The SA-20B lathe has a rotary synchronous guide bushing that features up to 7 total axes (Z1, X1, Y, Z2, X2, C1, C2) and up to 22 total tools.
Absolute Machine Tool Demonstrates 8-axis, 32mm Nexturn SA-32PYII CNC Swiss-Type Lathe with CNC Indexing 12′ Tracer 20 Hydrodynamic Magazine Bar Feeder in Booth 3050 at PMTS 2019
Absolute Machine Tools will demonstrate the Nexturn SA-32PYII Swiss lathe in booth 3050 at PMTS 2019.
“When Swiss Isn’t the Answer: Game-Changing Turning Platforms” Is Absolute Machine Tools Tech Talk at PMTS Booth #3050
“When Swiss isn’t the Answer: Game-Changing Turning Platforms” is the subject of a PMTS 2019 Tech Talk presented by Absolute Machine Tools 10:30 – 11:00 a.m. on Wednesday, April 3, 2019, in booth 3050 at PMTS 2019.
Absolute Machine Tool Demonstrates Quicktech i-42 Ultimate 10-axis Twin Spindle Mill/Turn Center With Dual B-Axes at PMTS 2019 Booth 3050
Absolute Machine Tools will demonstrate the Quicktech i-42 Ultimate 10 axis Twin Spindle lathe with dual B-axes in booth 3050 at PMTS 2019.
Absolute Machine Tools Demonstrates New Tongtai VTX-5 Vertical Machining Center at PMTS Booth 3050
Absolute Machine Tool will introduce the Tongtai VTX-5 vertical machining center in booth 3050 at PMTS 2019. The VTX-5 is a fixed column, moving table CNC milling and tapping center engineered for high volume, high precision machining.
Meteor Horizontal Machining Centers From Absolute Machine Tools Partner PCI Engineered To Produce Parts For Both Internal Combustion and Electric Automobiles
Through its partner PCI (a Tongtai company) Absolute Machine Tools offers a series of single- and twin-spindle, 4- or 5-axis Meteor horizontal machining centers engineered to produce a wide range of aluminum automobile components including parts for both internal combustion and electrified cars.
Absolute Machine Tools Earns PMPA 2017-2018 Technical Member Participation Award
Machine tool importer and distributor Absolute Machine Tools, Inc. received the PMPA (Precision Machined Products Association) 2017-2018 Technical Member Participation award at the association’s annual meeting on October 6, 2018, in Orlando, Florida.