About Iverson and Company

About Us

Iverson & Company was founded in 1931 by Edward A. Iverson. Edward worked for Hardinge Brothers based in Chicago and despite being one of only three employees offered an opportunity to relocate to upstate New York, he opted to become their local representative. This productive and successful relationship endured over 78 years until 2009.

From the beginning, our values have been: quality, honesty, integrity and full customer service.

We are a sales and service organization that offers engineered manufacturing process solutions to the customers we serve. These solutions include turnkeys on new milling, turning & grinding machines as well was training and after the sale support.

Since 2010 we have enhanced our used Hardinge offerings to the US market. We conduct our used projects much the same as we did new machine projects. In an industry that the norm is selling on price, delivery and return privilege we pride ourselves in differentiating ourselves. We typically perform test cuts on each and every machine tool, with results shared with any potential buyer. We cycle each and every machine for 5 days prior to shipment to debug any and all potential problems while the machine is on our floor and not yours. This allows for reliable operation on our customer’s floor after arrival.

Inventories & Live Demo Room

In our demonstration room, you can inspect current models of new and or equipment. All of our display machines are under power and sample parts can be set up and run on most models. We want to demonstrate how each and every machine you consider to meet or exceed your most demanding requirements.

Sales Support

We have in house personnel ready to assist in any workholding needs, as well as repair parts. We not only focus on Hardinge collets, but also in Northfield air chucks.

In addition, we have an applications department with over 20+ years of experience to help with support needs. We are fully capable on both Fanuc and Siemens CNC controls.

Field Service Engineers

Our servicemen have over 100 years of combined experience at Iverson & Company and have completed factory training courses and other machine tool related classes. Each service technician began their career in the rebuilding area in order to perfect first their mechanical alignment and measurement skill set, before developing their electronic skills as an Iverson service engineer.

We are well prepared to field service within a 400 mile radius of Chicago.

Iverson & Company also has a rebuilding division called Ternstrom & Company. Ternstrom & Company has internationally recognized expertise in used and rebuilding of Hardinge toolroom lathes including HLV’s, HC’s, and others. As a specialist, some of the items that differentiate us from general rebuilding providers are:

  • New spindles and bearings from the factory with certification sheet provided.
  • New wear strips on the Hardinge cross slide and new teflon under carriage surface from the factory.
  • New tailstock quills and redound bedplate a from the factory.
  • New lead screws installed.
  • All castings and sheet metal members stripped to bare surfaces, reprimed, sanded and painted with factory spec Sherwin William Polane 7B paint providing like new luster and appearance.
Outside Sales

We have a number of outside salesmen representing our 3-state territory for new machine sales and to help solve all your machine tool solution, workholding and inspection. requirements.

Serving Indiana, Illinois, & Wisconsin

Terry Iverson
President & CEO

email: tiverson@iversonandco.com
 (847) 299-2461
fax: (847) 827-5303