Okuma Holdings grinds out machine tools for customers worldwide. The company's computerized numerically controlled (CNC) machining devices range from grinders and lathes to machining center systems and multitasking machines. Founded in 1898, Okuma also distributes pre-owned machines, supplies complete tool systems, and provides refurbishing services for older machines in disrepair. The company has 15 overseas and six domestic companies; it operates in North America through US affiliate Okuma America Corporation and in Europe through Germany-based Okuma Europe. Other units are centered in China, Korea, Singapore, Taiwan, India, and Thailand.