Nicco grinder assets go from Asahi-Seiki to Nagashima ...
The assets originally had belonged to the ill-fated surface grinder builder Nicco Machine Tool Co., which Asahi-Seiki purchased nearly 10 years ago (M.I.R., 11/28/94). After running the Nicco-based grinder business for a decade, Asahi-Seiki found it failed to reach whatever target it had set.