Hardinge Inc.

  1. August 22, 2024

    Toolmaker Hardinge Cleared For Ch. 11 Auction In September

    Hardinge, a producer of metal-cutting equipment, is set to hold a bankruptcy auction for the business in September, with a $100 million credit offer setting the floor, the debtor's attorneys said Thursday, telling a Delaware bankruptcy judge its stalking horse bidder walked back a demand for expense reimbursements that the U.S. Trustee's Office opposed.

  2. August 19, 2024

    US Trustee Says Hardinge Bidder Doesn't Need Expenses Paid

    The U.S. Trustee's Office objected to expense reimbursements to the $100 million stalking-horse bidder for the assets of New York-based metal-cutting machine toolmaker Hardinge Inc., arguing that the provision is only serving to chill the bidding process.