This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these messages)
|
Company type | Public |
---|---|
Industry | Manufacturing |
Founded | 1895 |
Founder | John C. Lincoln |
Headquarters | Euclid, Ohio, US |
Area served | Worldwide |
Key people | Steve Hedlund (president and CEO) |
Products |
|
Revenue | US$3.76 billion (2022) |
US$612 million (2022) | |
US$472 million (2022) | |
Total assets | US$3.18 billion (2022) |
Total equity | US$1.03 billion (2022) |
Number of employees | c. 12,000 (2022) |
Website | lincolnelectric |
Footnotes /references [1] |
Lincoln Electric Holdings, Inc. is an American multinational and global manufacturer of welding products, arc welding equipment, welding accessories, plasma and oxy-fuel cutting equipment and robotic welding systems headquartered in Euclid, Ohio. It has a worldwide network of distributors and sales offices covering more than 160 countries and 42 manufacturing locations in North America, Europe, the Middle East, Asia and Latin America. It also operates manufacturing alliances and joint ventures in 19 countries. [2] It is a member of the Fortune 1000.
The company was founded in 1895 by John C. Lincoln with an investment of $200 to make electric motors he had designed. [3]
The company is headquartered in Euclid, Ohio, and has 44 manufacturing locations, including operations and joint ventures in 19 countries and an international network of distributors and sales offices covering more than 160 countries. [4]
Lincoln has over 8,500 employees globally, including 3,000 in the United States. In 2005, Lincoln's Electric acquired the Harris Products Group, which is a manufacturer of welding accessories, gas apparatus, and other specialty products. [5] The Harris Products Group has manufacturing facilities in Georgia, Ohio, California, Poland, Mexico, Brazil and Italy. [6]
Since 1951, Lincoln Electric has guaranteed employment with hours cut during hard times and overtime required during good times. [7] [8]
In 2019, Lincoln announced the acquisition of Worthington Industries, Inc. a metal manufacturing company. [9]
In December 2023, Lincoln Electric unveiled the Velion DC fast electric vehicle charging station. A display unit was shown at CES 2024 and featured NACS and CCS1 charging plugs, along with a touchscreen user interface developed using Qt.
The J.F. Lincoln Foundation is a non-profit, welding education organization founded in 1936 to promote welding as a better method of joining metals and to promote welding as a career choice. It is the only organization in the United States solely dedicated to educating the public about the art and science of arc welding. Formed when the arc welding industry was in its infancy, the Foundation publishes educational texts and grants cash awards to recognize technical achievements. [10]
The Lincoln Institute of Land Policy was established by Lincoln Electric's founder, John C. Lincoln, in 1946, based on his admiration for the work of Henry George. Today, the think tank still focuses on promoting "creative approaches to land as a solution to economic, social, and environmental challenges." [11]
The Lincoln Electric Welding School was set up in 1917 and has since instructed over 150,000 men and women [12] in the various methods and techniques of safety and arc welding processes. The school is listed by the Ohio State Board of School and College Registration. [13]
Euclid is a city in Cuyahoga County, Ohio, United States. Located on the southern shore of Lake Erie, it is an inner ring suburb of Cleveland. The population was 49,692 at the 2020 census, making it the fourth largest city in Cuyahoga County.
Eaton Corporation plc is an American-Irish-domiciled multinational power management company, with a primary administrative center in Beachwood, Ohio. Eaton has more than 85,000 employees and sells products to customers in more than 175 countries.
Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products. The company also supplies equipment to produce coatings for flexible electronics, packaging and other applications. The company is headquartered in Santa Clara, California, and is the second largest supplier of semiconductor equipment in the world based on revenue behind Dutch company ASML.
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is a Fortune 500 American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.
Wesco International, Inc. is an American publicly traded Fortune 500 holding company for Wesco Distribution, a multinational electrical distribution and services company based in Pittsburgh, Pennsylvania.
GraybarElectric Company, Inc. is an American wholesale electrical, communications and data networking products distribution business, which also supplies related supply-chain management and logistics services. The company is based in Clayton, Missouri and is an employee-owned corporation.
Roper Technologies, Inc. is an American diversified industrial company based in Sarasota, Florida.
Dana Incorporated is an American supplier of axles, driveshafts, and electrodynamic, thermal, sealing, and digital equipment for conventional, hybrid, and electric-powered vehicles. The company's products and services are aimed at the light vehicle, commercial vehicle, and off-highway equipment markets. Founded in 1904 and based in Maumee, Ohio, the company employs nearly 36,000 people in 33 countries. In 2022, Dana generated sales of $10.2 billion. The company is included in the Fortune 500.
Worthington Enterprises, Inc. is a global diversified metals manufacturing company based in Columbus, Ohio. It is a steel processor and manufacturer of pressure vessels, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; water system tanks for storage, treatment, heating, expansion and flow control, and compressed natural gas storage cylinders. The company also manufactures framing systems for mid-rise buildings and steel pallets and racks for shipping. It is the largest independent processor of flat-rolled steel in the United States. The company takes steel from steel producers and processes it for customers in industries including automotive, lawn and garden, construction, hardware, office furniture, electrical control, leisure and recreation, appliance, agriculture and HVAC.
Miller Electric is an American arc welding and cutting equipment manufacturing company based in Appleton, Wisconsin. Miller Electric, has grown from a one-man operation selling products in northeastern Wisconsin to what is today one of the world's largest manufacturers of arc welding and cutting equipment.
Airgas, an Air Liquide company, is an American supplier of industrial, medical and specialty gases, as well as hardgoods and related products; one of the largest U.S. suppliers of safety products; and a leading U.S. supplier of ammonia products and process chemicals. The company is headquartered in Radnor Township, Pennsylvania.
Terex Corporation is an American company and worldwide manufacturer of lifting and material-handling equipment. Products include those that enable customers to reduce their impact on the environment including electric and hybrid offerings, deliver emission-free performance, support renewable energy, and aid in the recovery of reusable materials from waste. Terex does business in the Americas, Europe, Australia and Asia Pacific.
Remy International, Inc. headquartered in Pendleton, Indiana is an American manufacturer, remanufacturer, and distributor of light duty starters, alternators, hybrid power technology, and Delco Remy brand heavy duty systems. Remy has facilities in eleven countries and four different continents around the world.
The economy of Ohio nominally would be the 20th largest global economy according to The World Bank as of 2022. The state had a GDP of $822.67 billion in 2022, which is 3.23% of the United States total, ranking 7th in the nation behind Pennsylvania and ahead of Georgia. In 2013, Ohio was ranked in the top ten states for best business climate by Site Selection magazine, based on a business-activity database. The state was edged out only by Texas and Nebraska for the 2013 Governor's Cup award from the magazine, based on business growth and economic development.
Matheson Tri-Gas, Inc. produces industrial, medical, and specialty gases, and associated gas handling equipment, in North America. MATHESON offers semiconductor, medical, welding, atmospheric gases, rare gases delivered via pipelines, onsite generators, bulk tanks, and in gas cylinders to customers using gases in their labs, semiconductor fabs, hospitals, chemical plants, manufacturing and many other processes. Furthermore, MATHESON also designs and manufactures gas purification systems, generators, delivery systems, filters, gas purifiers, detection equipment, control valves, and management accessories; and gas cylinder enclosures, source manifolds, and panels, as well as helium recovery solutions. In addition, the company provides support, engineering, and systems management services to analytical laboratories and semiconductor manufacturers worldwide.
Polysoude is a French welding company headquartered in Nantes. Its Holding Company, GWT Group, is located in Austria. Founded in 1961, Polysoude designs, manufactures and sells equipment and installations for orbital and mechanised welding as well as cladding. All the welding solutions for arc-welding are proposed. 85% of its turnover is generated abroad.
A. O. Smith Corporation is an American manufacturer of both residential and commercial water heaters and boilers, and the largest manufacturer and marketer of water heaters in North America. It also supplies water treatment and water purification products in the Asian market. The company has 27 locations worldwide, including five manufacturing facilities in North America, as well as plants in Bengaluru in India, Nanjing in China and Veldhoven in The Netherlands.
McGraw-Edison was an American manufacturer of electrical equipment. It was created in 1957 through a merger of McGraw Electric and Thomas A. Edison, Inc., and was in turn acquired by Cooper Industries in 1985. Today, the McGraw-Edison brand is used on industrial, commercial, and institutional lighting products, and has been owned by the Pennsylvania Transformer Technologies Inc. since 1996.
Wolf Robotics is an American automation technology company that utilizes industrial robots and computer numerical control systems. Based in Fort Collins, Colorado, it also has employees in Mexico and Brazil. These typically incorporate ABB or FANUC robots with Wolf's own robotic positioners.
Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.
{{cite web}}
: External link in |last4=
(help)CS1 maint: numeric names: authors list (link){{cite web}}
: Cite uses generic title (help){{cite web}}
: Cite uses generic title (help)