Lincoln Electric Holdings Inc - Company Profile
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Business Description
Lincoln Electric Holdings Inc (Lincoln Electric) designs and manufactures arc welding and cutting products, arc welding equipment and consumable welding products. Lincoln Electric's product portfolio includes arc welding equipment, filler metals, cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, mobile power equipment, wear solutions, software, and education solutions.
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R&D Overview
Lincoln Electric invests in the research and development of its solutions to maintain its market-leading product offering and improve the quality, productivity, and sustainability of its solutions. The company actively protects its innovations with patents and trade secrets globally, and its significant investment in research and development, along with its highly trained technical sales force and extensive distributor network, provides a competitive advantage in the marketplace. The R&D unit of Lincoln Electric includes its welding research and development staff, who are responsible for engineering innovative solutions to assist customers in optimizing their fabrication operations. In FY2025, the company incurred an expense of US$85.5 million on its R&D activities, which grew by 4.6%YoY and stood at 2% of the company’s total revenue.
Business Segments
Overview
Includes welding operations in North and South America. Manufactures arc welding power sources and wire feeding systems, ranging from basic units used for light manufacturing and maintenance to highly sophisticated robotic applications for high-volume production welding and fabrication. Produces three types of arc welding electrodes: 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.
Performance
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Overview
Includes welding operations in Europe, Africa, Asia and Australia.
Performance
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Overview
Includes the company's global cutting, soldering, brazing businesses, specialty gas equipment, and retail business in the US.
Performance
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Geographical Segments
Performance
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Performance
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