Profile: Lincoln Electric Holdings Inc (LECO.OQ)
23 May 2017
Lincoln Electric Holdings, Inc., incorporated on January 22, 1998, is a manufacturer of welding, cutting and brazing products. The Company operates through three segments: Americas Welding, International Welding and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily includes welding operations in Europe, Africa, Asia and Australia. The Harris Products Group includes the Company's global cutting, soldering and brazing businesses, as well as the retail business in the United States.
The Company's welding products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication. Its product offerings also include computer numeric controlled (CNC) plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting and brazing. The arc welding power sources and wire feeding systems manufactured by the Company range in technology from basic units used for light manufacturing and maintenance to robotic applications for production welding and fabrication. The three primary types of arc welding electrodes that are produced include coated manual or stick electrodes; solid electrodes produced in coil, reel or drum forms for continuous feeding in mechanized welding, and cored electrodes produced in coil form for continuous feeding in mechanized welding.
The Company's products are sold in both domestic and international markets. It caters to general metal fabrication, power generation and process industry, structural steel construction, heavy equipment fabrication, shipbuilding, automotive, pipe mills and pipelines, and offshore oil and gas exploration and extraction markets. The Company had 47 manufacturing facilities, including operations and joint ventures in 19 countries, such as the United States, Australia, Brazil, Canada, China, Colombia, France, Germany, India, Indonesia, Italy, Mexico, the Netherlands, Poland, Portugal, Russia, Turkey, the United Kingdom and Venezuela, as of December 31, 2016.
Lincoln Electric Holdings Inc
22801 Saint Clair Ave
EUCLID OH 44117-2524
Company Web Links
- BRIEF-Lincoln Electric signs agreement to acquire Air Liquide Welding
- BRIEF-Air Liquide to sell welding equipment unit to Lincoln Electric
- BRIEF-Lincoln Electric Holdings CEO Christopher Mapes's FY 2016 total compensation was $6.7 mln
- BRIEF-Air Liquide enters into negotiations with Lincoln Electric to sell its subsidiary
- BRIEF-Lincoln Electric enters into exclusive negotiations with Air Liquide