Lincoln Electric - Experts & Thought Leaders
Latest Lincoln Electric news & announcements
Lincoln Electric is excited to announce the expansion of its Buy America-compliant product offerings. As a company deeply rooted in the United States with a steadfast commitment to quality, Lincoln Electric has enhanced the Buy America portfolio, particularly within the UltraCore® (FCAW-G) product line. FCAW-G product families The following FCAW-G product families are Buy America compliant and available for order: UltraCore® 71A85, E71T-9M-H8/ E71T-1M-H8 UltraCore® 712A80, E71T1-12M-JH8/ E71T-1M-H8/ E71T-9M-H8 UltraCore® HD-C, E71T1-9C-H8/ E71T-1C-H8 UltraCore® HD-12C, E71T-12C-JH8/ E71T-1C-H8/ E71T-9C-H8 UltraCore® 70C, E70T-9C-H8/ E70T-1C-H8 UltraCore® 75C, E70T-5C-JH4 UltraCore® 712C-H Plus, E71T-12C-JH4 UltraCore® 81Ni1C-H, E81T1-Ni1C-JH4 UltraCore® 81Ni1C-H Plus, E81T1-Ni1C-JH4 UltraCore® 81Ni1A75-H, E81T1-Ni1M-JH4 Buy America policy The Lincoln Electric portfolio of products is meticulously designed to meet all three standards The Buy America policy emphasizes infrastructure procurement, and the Lincoln Electric Buy America portfolio assists customers in complying with three regulatory standards commonly encountered in government-funded projects: Buy America (BA), Buy American (BAA), and Build America, Buy America (BABA). The Lincoln Electric portfolio of products is meticulously designed to meet all three standards. transparency and compliance The Buy America Portfolio features steel that is both melted and manufactured in the U.S.A. Lincoln Electric provides Q1 and Q2 certificates, available on the website, which include Certificates of Conformances indicating the origin of steel and melts. Each product box is labeled with this information, ensuring transparency and compliance. In addition to these cored wire products, Lincoln Electric offers a comprehensive Buy America portfolio for all industry needs.
Lincoln Electric® announced that it has acquired Vanair Manufacturing, LLC (Vanair), a privately held, Michigan City, Indiana-based, manufacturer of mobile power solutions serving the U.S. service truck market. Vanair offers the industry’s most comprehensive portfolio of mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, chargers/boosters, and electrified power equipment. manufacturing, innovation Their extensive equipment portfolio complements Lincoln Electric’s maintenance and repair consumable offering and builds upon the joint development equipment initiatives that the two companies have been pursuing. “We are pleased to welcome the Vanair team to Lincoln Electric. Vanair is renowned for their high-quality manufacturing, innovation, and engineering expertise in the fast-growing maintenance and repair service truck market,” commented Steven B. Hedlund, Lincoln Electric’s President and Chief Executive Officer. value creation platform “By joining together, Lincoln Electric will capitalize on this channel opportunity to accelerate growth and broaden our technology platform for long-term value creation.” Vanair’s annual revenue is approximately $100 million with a low double-digit percent EBIT margin, and their results will be reported in the Americas Welding Segment.
Lincoln Electric Holdings, Inc., is pleased to announce that it has been awarded on TIME’s inaugural list of America’s Best Mid-Size Companies 2024. Lincoln Electric ranked 66th overall, and was one of 16 companies awarded within the “IT, Electronics, Hardware and Equipment” category. The award is presented by TIME and Statista Inc., the major statistics portal and industry ranking provider and the awards list can be viewed on the TIME’s website. Standard strategy initiatives America’s Best Mid-Size Companies 2024 list represents the pioneering 500 U.S. companies "We are honored to be named to TIME’s Best Mid-Size Companies 2024 list, as the recognition reinforces our Higher Standard strategy initiatives to accelerate growth, increase employee development and engagement, and enhance our sustainability programming," commented Steve B. Hedlund, Lincoln Electric’s President and Chief Executive Officer (CEO). The America’s Best Mid-Size Companies 2024 list represents the pioneering 500 U.S. companies across 18 different industry categories that generated between $100 million and $10 billion in revenue in 2022 or 2023. Companies were evaluated across three criteria: Employee Satisfaction: Data of standardized work-related KPIs based on survey data from a large sample of employees from U.S. companies. Revenue Growth: Revenue growth data of all relevant companies from the internal Growth Database and Company Database. Sustainability Transparency: ESG data among standardized KPIs relevant to environment, social, and corporate governance from the internal ESG Database and targeted data research.