Lincoln Electric Holdings Inc - Company Profile

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Lincoln Electric Holdings Inc: Overview

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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Headquarters United States of America

Address 22801 St Clair Ave, Cleveland, Ohio, 44117


Telephone 1 216 4818100

No of Employees 12,000

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange LECO (NASD)

Revenue (2022) $4.2B 11.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 15.5% (2022 vs 2021)

Market Cap* $13.6B

Net Profit Margin (2022) XYZ 3.6% (2022 vs 2021)

* As of and is in US$
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Lincoln Electric Holdings Inc premium industry data and analytics

3

Construction Projects

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Lincoln Electric Holdings Inc’s likely spend across technology areas enabling you to understand the digital strategy.

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
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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.
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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
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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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