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April 01, 2015 7:34 PM ET

Machinery

Company Overview of The Lincoln Electric Company

Company Overview

The Lincoln Electric Company designs, develops, and manufactures arc welding products, robotic welding systems, and plasma and oxyfuel cutting equipments. The company’s products include welders, wire feeders, welding consumables, fume extraction systems, guns and torches, fixed table systems, and electrodes, as well as gas and medical equipment and accessories. It also provides welder and generator for construction contractors, maintenance crews, farmers, and ranchers. The company was incorporated in 1906 and is based in Cleveland, Ohio. The Lincoln Electric Company operates as a subsidiary of Lincoln Electric Holdings Inc.

22801 Saint Clair Avenue

Cleveland, OH 44117

United States

Founded in 1906

Phone:

216-481-8100

Fax:

216-486-1751

Key Executives for The Lincoln Electric Company

Senior Vice President and President of Global Automation
Age: 47
Vice President and Deputy General Counsel
Senior Vice President
Senior Vice President
Age: 43
Director of Investor Relations
Compensation as of Fiscal Year 2014.

The Lincoln Electric Company Key Developments

The Lincoln Electric Company Introduces Aspect 375

The Lincoln Electric Company has introduced the Aspect 375, a new TIG welding power source for the professional fabrication market. Designed to meet the most stringent quality demands of the aerospace, motorsports, shipbuilding, education and fabrication industries, the Aspect 375 is intended for use on critical welding applications subject to the most rigorous testing requirements, including X-ray analysis. This constant-current stick and TIG machine provides for a TIG output range of 2 to 375 amps (single-phase range is de-rated to 2 to 250 amps) and is rated at 330 amps at 40% duty cycle, and 300 amps at 60% duty cycle. Three design focus areas help to deliver a precise welding arc. First, refined and confirmed through extensive customer testing at all stages of development, the Aspect 375 delivers superior arc stability at all amperage levels. Second, the AC Auto-Balance technology simplifies operation by automatically adjusting cleaning and penetration levels during aluminum welding. Third, the Aspect 375 features Intellistart technology, which can be activated to automatically control arc starting intensity for "soft" arc starting on thin materials and hotter arc starting characteristics required for thicker materials. The Aspect 375 also features four AC Wave Shape controls, providing full customization of the bead profile for aluminum welding. A TIG Pulser helps minimize material distortion when welding on thin materials. With both automatic and manual override, the Aspect 375 delivers both customization and simplicity in a single power source. The Aspect 375 is available as a standalone machine or as a Ready-Pak, which includes a cart, cooler, torch, foot pedal, and all necessary cables and other accessories.

Lincoln Electric Announces Promotion of Steven Hedlund to Senior Vice President and President of Global Automation

The Lincoln Electric Company announced the promotion of Steven B. Hedlund to Senior Vice President and President, Global Automation, effective immediately. Mr. Hedlund previously served the Company as Senior Vice President, Strategy and Business Development. The new role expands executive leadership of Lincoln Electric's global automation initiative, which is a key growth program in the Company's '2020 Vision and Strategy' targeting accelerated growth in sales, profitability and returns by 2020.

The Lincoln Electric Company Appoints Jennifer Ansberry as Vice President, Deputy General Counsel

The Lincoln Electric Company has named Jennifer Ansberry as Vice President, Deputy General Counsel. Ms. Ansberry's role as Deputy General Counsel has been extended to include leadership of the Company's environmental, health and safety (EH&S) organization, which includes the development and implementation of EH&S policies, programs and practices. This role is in addition to leading portions of the Company's legal function including global mergers & acquisitions, securities law compliance, corporate governance, and other general corporate legal matters. Prior to joining Lincoln Electric in 2004 as Deputy General Counsel, Ms. Ansberry served as an associate at Thompson Hine LLP and at Keating, Muething & Klekamp LLP.

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