2005 ANNUAL REPORT - Hardinge Inc.

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DirectorsOfficersJ. Patrick ErvinChairman of the Board, President,and Chief Executive OfficerDaniel J. BurkePresident and Chief Executive Officer—Swift Glass Co., Inc.Douglas A. GreenleeCoordinator Life Skills—Way Station, Inc.J. Philip HunterAttorney—Sayles & EvansJohn J. PerrottiPresident and Chief Executive Officer—Gleason CorporationMitchell I. QuainFormer Chairman—Register.com, Inc.Kyle H. SeymourChairman, President and Chief ExecutiveOfficer—Xtek, Inc.Stock Transfer Agent and RegistrarJ. Patrick ErvinChairman of the Board, President,and Chief Executive OfficerJoseph T. ColvinVice President, General Manager—Workholding OperationsGregory P. GroganVice President, General Manager—North American Machine OperationsRichard B. HendrickTreasurerJ. Philip HunterSecretaryJürg KellenbergerVice President—Grinding(President—L. Kellenberger & Co. AG)Douglas C. TifftSenior Vice President—AdministrationCharles R. Trego, Jr.Senior Vice President andChief Financial OfficerShareholders requiring a change of name,address or ownership of stock, as well asinformation about shareholder records,lost or stolen certificates, dividend checks,dividend direct deposit, and dividendreinvestment should contact:Computershare Investor Services LLC2 North LaSalle, Chicago, IL 60602Phone (toll-free): 888-294-8217Fax: 312-601-4332E-mail: web.queries@computershare.comWeb: www.computershare.comInvestor ContactFinancial analysts and other investmentprofessionals should direct inquiries to:Charles R. Trego, Jr.Senior Vice President and Chief FinancialOfficerPhone: 607-378-4202E-mail: ctrego@hardinge.com
Forward-Looking StatementsThis report contains statements of a forward-lookingnature relating to the financial performance ofHardinge Inc. Such statements are based uponinformation known to management at this time.The Company cautions that such statementsnecessarily involve uncertainties and risk and dealwith matters beyond the Company’s ability tocontrol, and in many cases the Company cannotpredict what factors would cause actual resultsto differ materially from those indicated. Amongthe many factors that could cause actual results todiffer from those set forth in the forward-lookingstatements are fluctuations in the machine toolbusiness cycles, changes in general economic conditionsin the U.S. or internationally, the mix ofproducts sold and the profit margins thereon, therelative success of the Company’s entry into newproduct and geographic markets, the Company’sability to manage its operating costs, actionstaken by customers such as order cancellations orreduced bookings by customers or distributors,competitors’ actions such as price discounting ornew product introductions, governmental regulationsand environmental matters, changes in theavailability and cost of materials and supplies, theimplementation of new technologies, and currencyfluctuations. Any forward-looking statementshould be considered in light of these factors.The Company undertakes no obligation to reviseits forward-looking statements if unanticipatedevents alter their accuracy.
Page 1 and 2: 2005 ANNUAL REPORTP r e c i s i o n
Page 3 and 4: Financial HighlightsHardinge Inc. a
Page 5 and 6: The Bridgeport products equipped wi
Page 7 and 8: Hardinge Inc. Manufacturing Facilit
Page 9 and 10: Selected Financial DataThe followin
Page 11 and 12: MillingThe most diverse millingprod
Page 13: WorkholdingThe world’s most compl

2005 ANNUAL REPORT - Hardinge Inc.

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