大正期に津上退助氏が東京で始めたブロックゲージの製造が起源。
1978年発売のCNC複合自動旋盤マーキュリーシリーズで自動旋盤に集中し、2003年に浙江省へ設立した津上精密机床で生産を中国へ移管した。中国の小型自動旋盤で7割のシェアを占め、利益の9割を中国から得る。
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