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Setco Industries history
Setco Industries company history timeline
For over 100 years, since 1912, Setco is recognized as the technical leader in the design, manufacture, and service of precision spindles, milling heads, slides, and spindle/slide combinations.
The company has also appraised investors of the fact that operational constraints difficulty in input inflow and power shortage together affected the continuity in the level of production during the first six months of 1995-96.
Later in 2012, Setco acquired Taiwan’s leading spindle and milling head technology provider, NEO Precision to be a leader in the ever growing Taiwan/China spindle markets.
As part of a continuation strategy of Setco’s expansion into Asia, in 2015, Setco opened spindle service centers in Shanghai, China and Chennai, India.
In 2017, Setco further expanded its service offerings by opening a third service center in Delhi, India, and also expanded its spindle and milling head offerings by acquiring the intellectual property of Headtec.
While Setco has grown its presence in Asia, it also looked to expand North American support and in March of 2020 Setco opened its first service operation in Ramos Arizpe to support Mexico.
Glance user base grows by 30% YoY to reach 183 million in Q1 2022
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Zippia gives an in-depth look into the details of Setco Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Setco Industries. The employee data is based on information from people who have self-reported their past or current employments at Setco Industries. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Setco Industries. The data presented on this page does not represent the view of Setco Industries and its employees or that of Zippia.
Setco Industries may also be known as or be related to Setco Industries Inc.