Home COMPANY TIMELINE

COMPANY TIMELINE

Our Proud Innovation History

1956

Company founded in Auckland, New Zealand

Began as a general engineering manufacturing firm called Latalex Ltd, with specific product designs such as the Radial Arm Saw.

1978

NOVA brand of woodturning equipment developed

NOVA brand of woodturning equipment is developed.
NOVA 1000 lathe production with outrigger system  – 8 speeds begins. This bright yellow, aluminum lathe is still affectionately referred to today. Many units are still sold on the second hand market.

1980

NOVA enters Australian Market

First export order of NOVA lathes and accessories.

1981

New Factory in Auckland, New Zealand

Teknatool purchases larger custom built factory in Henderson, Auckland, New Zealand.

1984

AV Centre System Introduced

The replaceable point AV Centre System is introduced.

1986

Woodworm™ Screw

Teknatool develops the first chuck based screw system and the name Woodworm™ screw is first coined with the multi-chuck system.

1987

first key operated chuck

The first key operated chuck is designed.

1988

The first NOVA four-jaw scroll self centering chuck is Introduced

First four-jaw scroll self centering chuck designed especially for woodturning is introduced. Special jaws were developed and introduced – including the internal thread for end grain work holding. Under the HiTURN brand, a replaceable chisel tool tip concept is introduced, bowl gauges and the hollowing tool.

1989

Cole Jaw Accessory is introduced

Cole Jaw Accessory for the NOVA chuck is introduced. Latalex Ltd becomes Teknatool International, Ltd. Teknatool enters the North American market with its NOVA brand of woodturning equipment.

1990

NOVA 2000 Lathe

NOVA 2000,a  large steel construction lathe, is introduced in Australia and Canada. NOVA brand enters the UK market with its woodturning equipment.

1994

NOVA TL1500 Lathe Introduced

The NOVA TL1500 Lathe is introduced. Featured a simple rotating headstock, a 1HP motor, 8 speeds and a solid steel, twin rail bed system.

1996

NOVA Comet Lathe

The NOVA Comet Lathe, Teknatool’s first compact lathe, is introduced into the New Zealand, Australian, US and Japanese markets. Featured a 3/4HP motor and gap bed accessories.

1998

NOVA 3000 Lathe

NOVA 3000 lathe series, with unique extendable bed system, is introduced. The sophisticated design of the swivel head allowed the head to be moved out (the magic 22.5º position) providing a completely clear position. Teknatool introduces the NOVA bed extension, the outrigger and accessories for the 3000 lathe. HiTURN Sharpening Centre is introduced.

1999

NOVA Ornamental turning attachment is launched

Opens up the world of ornamental turning.

Teknatool launches a larger geared version of its original NOVA chuck, the SuperNOVA chuck

2000

NOVA Live Centre System launched

Lathe handbreak handwheel with combined vacuum coupler function introduced. NOVA Live Centre System launched – live centre with interchangeable heads. NOVA Mercury 1/4HP lathe introduced. A highly successful mini lathe which could expand in bed length and had outboard facility. Teknatool expands and builds an addition to its existing factory space.

2001

DVR Drive is Released

DVR Drive, released on the DVR 3000 Lathe, is introduced in the New Zealand & Australian markets. Many claim this is the biggest advancement in lathes since they were first motorized. It will take a few years for the full advantages of the DVR Drive to be fully developed, but even in its initial release it revolutionized woodturners’ turning experiences.

2002

NOVA DVR 3000

NOVA DVR 3000 lathe is released in the US, UK and Europe. NOVA Titan Chuck is launched – the largest geared chuck in the NOVA Chuck range. NOVA Mercury 1/2HP Mini Lathe introduced into the US Market as an exclusive product for a customer.

2003

Winner of the Unitec Research and Development Award

Teknatool wins the Unitec R & D award for outstanding achievement in systematic innovation development for it’s work on the groundbreaking DVR technology

2004

SuperNOVA2 Chuck and NOVA Precision Midi are released

Teknatool launches the SuperNOVA2 Chuck, an updated version of the popular SuperNova Chuck. Includes innovative design features such as glass strand infused indexing backing plate, copper infused jaw slides for lubrication and durability and a unique TuffLock Gear profile. Teknatool launches an updated version of the original NOVA chuck, the Precision Midi.

2005

NOVA DVR XP and NOVA G3 Chuck are released

NOVA DVR XP, the next generation DVR wood lathe is introduced. NOVA G3 Chuck is released.

2006

NOVA 16244-44 lathe, NOVA 10 in 1 Workshop Gauge and the Woodsurfer Bowl Rest are released

NOVA 1624-44 lathe is launched. Teknatool purchases New Zealand owned factory in Qingdao, China.  NOVA 10 in 1 Workshop Gauge is released. Teknatool launches the Woodsurfer Bowl Rest.

2007

Best Value Award

NOVA 1624-44 lathe and the DVR XP lathe win Best Value award by Fine Woodworking Magazine. NOVA Soft Jaws, an accessory jaw set for NOVA chucks, is launched. Teknatool introduces an improved design of the NOVA Ornamental Turner.

2008

NOVA sharpening center and NOVA swing away bed are released

Teknatool launches the NOVA Sharpening Centre and the NOVA Swing Away Bed

2009

Top Innovation of the Past 25 Years

Teknatool wINS the New Zealand China Trade Association/Investor Award and the Supreme Award for Best New Zealand Business in China. NOVA is named by WOOD Magazine, Top 5 of ‘the 25 Most Innovative Products of Past 25 years’ for its invention of the four-jaw self centering chuck

2010

Teknatool USA, Inc opens in St. Petersburg, Florida

Teknatool International starts Teknatool USA Inc, based in St Petersburg, Florida. NOVA launches the Tailstock Chuck Adaptor.

2011

DVR motor is released for applications outside of NOVA

DVR motor is released for applications outside of NOVA. The DVR is the core element in the new Shopsmith PowerPro Machine, giving the Shopsmith an intelligent and powerful core motor technology. NOVA DVR 2024 wood lathe is released. At the time of release, it was NOVA’s largest capacity machine with the smart DVR motor. Teknatool receives ‘Best Investor’ award at the New Zealand China Trade Association national awards.

2012

Comet II Midi lathe launches

NOVA launches the Comet II Midi lathe with revolutionary Versaturn Accessories. Converts the lathe into a complete woodworking workstation. Teknatool USA Inc moves to larger facilities in order to make space for service support specialists and an R&D center.

2013

Infinity Quick Change Chuck is Launched

NOVA launches NOVA Infinity Quick Change Chuck, enabling complete jaw change outs in under 30 seconds.

2014

Striatech DVR

DVR Technology Developments (now Striatech) was created to develop the DVR Smart Motor Technology for new products and for applications outside of woodworking.

2015

NOVA wins the ‘Pro Tool Industry Innovation” award

NOVA wins the ‘Pro Tool Industry Innovation” award for the Voyager DVR 18″ Drill Press . NOVA launches 23 new accessory products including drill chucks, flexible centers, 12″ Cole Jaws, modular toolrests and more. Teknatool launches dedicated, stand alone R&D offices in Qingdao, China.

 

2016

Voyager DVR Drill Press and the NOVA Galaxi DVR Lathe are released to the market

NOVA Voyager DVR Drill Press and NOVA Galaxi DVR Lathe are launched. Voyager represents NOVA’s first move into general workshop machinery. The NOVA Infinity Chuck Additional Accessory Jaws, NOVA DVR Wireless Remote, NOVA DVR Retro Fit Kit and the NOVA 1624 II Lathe is also released.

2017

30 Years of NOVA Chucks

Celebrating 30 Years of NOVA in the USA. Nova Titan III Chuck, NOVA Voyager Fence Accessory, NOVA Vulcan Metal Working Drill Press with Hybrid Mill Function, NOVA Comet II Bundle, NOVA Saturn DVR Lathe, 30 Year Chuck Bundles and NOVA Chisel Sets are released. NOVA Voyager Firmware Updates go live. Additional NOVA Modular Toolrest pieces added to the catalog.