Lincoln Electric Holdings Inc - Company Profile
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Lincoln Electric Holdings Inc (Lincoln Electric) designs, develops, and manufactures welding, cutting, and brazing products. Its offers arc welding power sources, wire feeding systems, plasma cutters, robotic welding packages, fume extraction equipment, integrated automation systems, fluxes, consumable electrodes, and welding accessories. The company also offers computer numeric controlled (CNC) plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing. The industries that Lincoln Electric serves include the automobile, oil and gas, building and infrastructure, and shipbuilding. It operates in Europe, the Americas, Asia-Pacific, the Middle East, and Africa. Lincoln Electric is headquartered in Cleveland, Ohio, the US.
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Products and Services
Products | Services | Brands |
---|---|---|
Equipment: | Solutions: | Torchmate |
TIG (Tungsten Inert Gas) Welders | Automation | Techalloy |
Stick Welders | Robotic Automation | Arc Products |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired RedViking, an automation system integrator. |
2024 | New Products/Services | In February, the company launched the Sprinter 180Si stick welder. |
2023 | New Products/Services | In December, the company introduced the Velion DC Fast Charger for Electric Vehicles. |
Competitor Comparison
Key Parameters | Lincoln Electric Holdings Inc | Illinois Tool Works Inc | AMETEK Inc | Flowserve Corp | Kennametal Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Cleveland | Glenview | Berwyn | Irving | Pittsburgh |
State/Province | Ohio | Illinois | Pennsylvania | Texas | Pennsylvania |
No. of Employees | 12,000 | 45,000 | 21,500 | 16,000 | 8,700 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Christopher L. Mapes | President; Chairman; Chief Executive Officer | Executive Board | 2013 | 61 |
Gabriel Bruno | Chief Financial Officer; Treasurer; Executive Vice President | Senior Management | 2020 | 55 |
Steven B. Hedlund | Chief Operating Officer | Senior Management | 2022 | 56 |
Lisa A. Dietrich | Chief Information Officer; Executive Vice President | Senior Management | 2022 | 50 |
Susan C. Edwards | Chief Human Resources Officer; Senior Vice President | Senior Management | 2024 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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