Who is monarch machine tool?

Answer 1

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.