Who is monarch machine tool?
The Monarch Machine Tool company was founded at 614 Oak St in
Sidney Ohio in 1909. It would become a leading producer of engine
and toolroom lathes ranging from swings of 10" to 30"+. Monarch was
a leader in lathe development by patenting the cone clutches found
on all lathe aprons for controlling the longitudinal and cross side
feeds. Monarch also pioneer the use of helical gears in the
headstock, force lubrication and flame hardening of the bed and
other wear items. In 1955 Monarch was the first U.S. machine
builder to build and demonstrate a NC lathe. Monarch would be a
major NC and CNC lathe builder into the early 1980's. In 1963
Monarch purchased the Eudlane (sp) Machine company, builder of
drilling machines, in Cortland, NY, and renamed it Monarch
Cortland. In 1968, Monarch bought Stamco in New Bremen, OH. In 1973
Monarch bought the English lathe maker Dean, Smith and Grace. By
the beginning of the 1980's Monarch was seeing record profits from
all divisions, but by the end of the decade Monarch was hard hit
(along with the rest of the U.S. machine tool industry). Monarch
try to regain market share in the CNC lathe market by introducing
the Ultra-Center with its patent tool turret changer which allowed
the lathe to change 24 tools in less than 30 seconds, and to do
complete change over in less than 6 minutes. It also introduced the
smaller Predator CNC lathe that was originally designed by Dean,
Smith and Grace, just before Monarch closed this division in 1993.
These lathes help win market share but it was not enough to keep
the lathe division profitable and it was sold to the Lucas group in
1997, which continued operations under the name Monarch Lathe LP.
Monarch Machine Tool change it name to Genesis World Wide and
concentrated on the Stamco coil processing equipment. Genesis sold
off the Cortland division in 2000 which keep the name Monarch
Machine Tool Co. In 2002 Genesis World Wide went into
bankruptcy.
Related Q&A:
List the functions of the British monarch?Well, let me tell ya! The British monarch has several important functions. For one thing, they're a symbol of national unity and identity. They also perform ceremonial duties like opening Parliament and bestowing honors. The monarch gives a sense of stability and continuity. They play a role in representing the country on the international stage too. Oh, and they have a kind of advisory role, providing wisdom and experience when needed. So, that's some of the key functions of the British monarch!