Lincoln Electric

NOVARC TECHNOLOGIES’ SPOOL WELDING ROBOT ON DEMONSTRATION AT AUSTRALIAN MANUFACTURING WEEK

Retrieved on: 
Mardi, avril 16, 2024

VANCOUVER, CANADA, April 16, 2024 (GLOBE NEWSWIRE) -- Novarc Technologies Inc., a full-stack robotics company, specializing in the design and manufacturing of cobots and computer vision AI for automated welding applications, announced today the company will be demonstrating their Spool Welding Robot (SWR™) and the SWR+HyperFill® at Australian Manufacturing Week (AMW) April 17-19 in Sydney, AUS.

Key Points: 
  • VANCOUVER, CANADA, April 16, 2024 (GLOBE NEWSWIRE) -- Novarc Technologies Inc., a full-stack robotics company, specializing in the design and manufacturing of cobots and computer vision AI for automated welding applications, announced today the company will be demonstrating their Spool Welding Robot (SWR™) and the SWR+HyperFill® at Australian Manufacturing Week (AMW) April 17-19 in Sydney, AUS.
  • Novarc’s welding automation technology has revolutionized manufacturing processes and is a productivity game changer for pipe fabrication shops serving sectors such as the oil & gas, mining, construction, and shipbuilding industries.
  • Visitors will be able to see first-hand how Novarc’s SWR increases productivity, delivering superior weld quality and improving welder ergonomics.
  • Innovative welding automation technologies, like Novarc’s SWR+HyperFill, are modernizing historic welding practices, and will also be on demonstration at AMW.

Lincoln Electric Announces May 2024 Events with the Financial Community

Retrieved on: 
Vendredi, avril 26, 2024

Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced its participation in the following upcoming events with the financial community in the month of May:

Key Points: 
  • Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced its participation in the following upcoming events with the financial community in the month of May:
    The presentation at the Oppenheimer event will be webcast and can be accessed, along with the replay, on our Investor Relations web site at https://ir.lincolnelectric.com .
  • Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
  • Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .

Lincoln Electric Board Declares Dividend

Retrieved on: 
Jeudi, avril 18, 2024

Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable July 15, 2024, to shareholders of record as of June 30, 2024.

Key Points: 
  • Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable July 15, 2024, to shareholders of record as of June 30, 2024.
  • Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
  • Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .

HII Co-Hosts Acceleration Summit & Manufacturing Showcase at Newport News Shipbuilding

Retrieved on: 
Jeudi, mars 21, 2024

NEWPORT NEWS, Va., March 21, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding division partnered with the National Center for Manufacturing Sciences (NCMS) to co-host an Acceleration Summit: Technology Showcase this week in Newport News.

Key Points: 
  • NEWPORT NEWS, Va., March 21, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding division partnered with the National Center for Manufacturing Sciences (NCMS) to co-host an Acceleration Summit: Technology Showcase this week in Newport News.
  • The event, that concluded today, brought together industry and academic partners to share potential innovations in technology to support best practices for construction and maintenance activities in shipbuilding.
  • I look forward to seeing how quickly we can unlock the potential in the technology we saw this week.”
    Photos accompanying this release are available at: https://hii.com/news/hii-acceleration-summit-manufacturing-showcase-newp... .
  • “We are so appreciative that Newport News Shipbuilding provided this opportunity to bring together so many maintenance and sustainment professionals to this event,” said Debbie Lilu, NCMS vice president, maintenance and sustainment, and business development.

Lincoln Electric Appoints Susan C. Edwards as Chief Human Resources Officer

Retrieved on: 
Jeudi, avril 4, 2024

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”) announced today that Susan C. Edwards has joined the Company to serve as Senior Vice President, Chief Human Resources Officer (CHRO), effective April 8, 2024.

Key Points: 
  • Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”) announced today that Susan C. Edwards has joined the Company to serve as Senior Vice President, Chief Human Resources Officer (CHRO), effective April 8, 2024.
  • Edwards succeeds Michele Kuhrt, who was recently named, Executive Vice President, Chief Transformation Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240404795428/en/
    Susan Edwards appointed as new CHRO at Lincoln Electric.
  • Copyright Lincoln Electric
    “I am pleased to welcome Susan to the Lincoln Electric team and look forward to the value she will bring from her extensive HR leadership experience with global industrial companies,” stated Steven B. Hedlund, Lincoln Electric’s President and Chief Executive Officer.

Lincoln Electric Appoints Michele R. Kuhrt as Chief Transformation Officer

Retrieved on: 
Mercredi, avril 3, 2024

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”), announced today that Michele R. Kuhrt has been appointed as Executive Vice President, Chief Transformation Officer (CTO), effective April 8, 2024.

Key Points: 
  • Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”), announced today that Michele R. Kuhrt has been appointed as Executive Vice President, Chief Transformation Officer (CTO), effective April 8, 2024.
  • She will continue to serve as a member of the executive leadership team and report to Steven B. Hedlund, President and Chief Executive Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240403151965/en/
    Michele Kuhrt appointed as Executive Vice President, Chief Transformation Officer at Lincoln Electric.
  • “I am excited to appoint Michele as our first Chief Transformation Officer,” stated Mr. Hedlund.

Fairbanks Morse Defense’s Hunt Valve to Produce First 3D Printed Valve Assembly for U.S. Navy Submarines

Retrieved on: 
Mercredi, avril 3, 2024

Hunt Valve, a Fairbanks Morse Defense (FMD) company, has been awarded a contract by the Maritime Sustainment Technology and Innovation Consortium (MSTIC) to produce a 3D printed valve assembly for installation on U.S. Navy submarines, positioning the defense contractor as a first mover in this sector.

Key Points: 
  • Hunt Valve, a Fairbanks Morse Defense (FMD) company, has been awarded a contract by the Maritime Sustainment Technology and Innovation Consortium (MSTIC) to produce a 3D printed valve assembly for installation on U.S. Navy submarines, positioning the defense contractor as a first mover in this sector.
  • “The utilization of additive manufacturing assembly with copper-nickel for large valve production is a real step forward for our industry,” said Andrew Pfister, Vice President, Aftermarket and Product Development at Fairbanks Morse Defense.
  • Hunt Valve’s contract with MSTIC will allow the 3D valve to be installed on any U.S. submarine class.
  • Once “printed,” the valve body is delivered to Hunt Valve to manufacture the remaining components using the standard manufacturing method and then assemble all the parts to create the full valve assembly .

Lincoln Electric Acquires RedViking®

Retrieved on: 
Lundi, avril 1, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240401731132/en/
    RedViking specializes in designing high power, high speed, multi-model helicopter transmission test systems for both commercial and military aircraft.
  • RedViking’s flexible machine designs and Vsync control software help customers to optimize testing capability while maximizing capital and facility investment.
  • “We are excited to welcome the RedViking team to Lincoln Electric.
  • The acquisition expands our portfolio of automation solutions and extends our ability to serve customers in the growing aerospace and defense industries,” stated Steven B. Hedlund, Lincoln Electric’s President and Chief Executive Officer.

Ethisphere Names Lincoln Electric as One of the 2024 World's Most Ethical Companies® for the Sixth Time

Retrieved on: 
Lundi, mars 4, 2024

CLEVELAND, March 04, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings Inc., (NASDAQ: LECO) has received the 2024 World’s Most Ethical Companies ® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Key Points: 
  • CLEVELAND, March 04, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings Inc., (NASDAQ: LECO) has received the 2024 World’s Most Ethical Companies ® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
  • Lincoln Electric has been recognized six times and is one of only 10 honorees in the Industrial Manufacturing category.
  • In 2024, 136 honorees were recognized spanning 20 countries and 44 industries.
  • The listed 2024 World’s Most Ethical Companies® Honorees outperformed a comparable index of global companies by 12.3 percentage points from January 2019 to January 2024.

Lincoln Electric Board Declares Dividend

Retrieved on: 
Mardi, février 20, 2024

CLEVELAND, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable April 15, 2024, to shareholders of record as of March 31, 2024.

Key Points: 
  • CLEVELAND, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable April 15, 2024, to shareholders of record as of March 31, 2024.
  • Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
  • Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .