Centre Lane Partners to acquire Hardinge.

Centre Lane Partners, a private investment firm, agreed to acquire Hardinge, a provider of advanced machine tool, manufacturing, and workholding solutions. Financial terms were not disclosed. "Today’s news marks an important step forward that will bolster our businesses’ financial foundation. Following the potential transaction, we expect our businesses to maintain their global leadership in providing the advanced solutions our customers rely on. Throughout this process, we are focused on operating in a business-as-usual manner and remain dedicated to delivering with excellence for our customers worldwide," Greg Knight, Hardinge CEO.