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INDUSTRIAL | Machinery & Equipment
mcmachinery.com

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Founded Year

2004

About MC Machinery Systems

MC Machinery Systems is a manufacturer of metalworking and metal fabrication machines, EDM machines, laser, milling, and press brakes machines. It is based in Elk Grove Village, Illinois.

MC Machinery Systems Headquarter Location

85 Northwest Point Blvd

Elk Grove Village, Illinois, 60007,

United States

Latest MC Machinery Systems News

Craftsman Automation: Decent Q1FY22, a play on economic recovery

Jul 19, 2021

Craftsman Automation's leadership position in its segments, coupled with encouraging CV segment demand outlook, make us upbeat about the company July 19, 2021 / 10:57 AM IST Craftsman Automation | The company terminated joint venture agreement with Mitsubishi Corporation Tokyo, MC Machinery Systems Inc USA, Mitsubishi Corporation India, and Mitsubishi Corporation Technos Japan. The company reported consolidated profit at Rs 24.07 crore in Q1FY22 against loss of Rs 16.23 crore in Q1FY21, revenue climbed to Rs 435.19 crore from Rs 163 crore YoY. PRO Only Highlights -  Medium-term triggers China plus and protectionist measures for tyre industry -  Valuations not inexpensive; but improved medium-term outlook Craftsman Automation Ltd (CAL; CMP: Rs 2087.9; M Cap: Rs 4,410 crore), the largest player in the machining of cylinder blocks and cylinder heads, used in the commercial vehicle (CV) segment, has posted a decent set of numbers for the first quarter of FY22. Though the impact of the second wave of COVID-19 is clearly visible in the Q1FY22 numbers, the company offers significant growth opportunities, going forward.Its leadership position in its segments, coupled with encouraging CV segment demand outlook,... Watch Webinar Jul 16, 2021 / 03:26 PM IST In today’s edition of Moneycontrol Pro Panorama: Paytm smashes IPO record, Zomato’s sting in the tail, reflation trade hits a bump, the long wait for herd immunity, Wipro makes a point, Tatva IPO, Weekly Tactical, Ola on a bold ride, crypto’s moment of truth and more Jul 17, 2021 / 10:00 AM IST Huge oversubscription of Zomato IPO shows platform companies are the future, posing a threat to traditional businesses

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