Lincoln Electric

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

Retrieved on: 
Thursday, March 21, 2024
Organization, HII, NNS, Newport News Shipbuilding, Lincoln Electric, Shipbuilding

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: 
Thursday, April 4, 2024
Technology, Steel, Human Resources, Engineering, Professional Services, Software, Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Electronic Design Automation, Marquette University, Business administration, Leslie Controls, East Tennessee State University, Acquisition, Snap-on, Lear Corporation, Dana Incorporated, CHRO, International business, Multimedia, Lincoln Electric, Sealed Air, Management

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: 
Wednesday, April 3, 2024
Aerospace, Manufacturing, Defense, Other Technology, Contracts, Electronic Design Automation, Technology, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Other Manufacturing, Steel, Packaging, Nuclear, Engineering, Automation, PwC, Case Western Reserve University, Information technology, Senior, Public Account, ABB, LBS, Multimedia, Lincoln Electric, Human resources, CPA, Management

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: 
Wednesday, April 3, 2024
Technology, Engineering, Manufacturing, Military, Maritime, Machinery, Defense, Transport, Other Defense, Software, Contracts, Other Manufacturing, Electronic Design Automation, Government Technology, FMD, Alloy, 3D, United States Navy, Lincoln Electric, Navy

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: 
Monday, April 1, 2024
Technology, Engineering, Automotive Manufacturing, Aerospace, Software, Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Electronic Design Automation, Robotics, Transport, LECO, Multimedia, Lincoln Electric, Acquisition, MES, 3D printing

View the full release here: https://www.businesswire.com/news/home/20240401731132/en/

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: 
Monday, March 4, 2024
Ethics, Culture, ESG, Industrial, Organization, Lincoln Electric

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: 
Tuesday, February 20, 2024
Engineering, Plasma, Alloy, Science, Lincoln Electric, Lincoln, LECO

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 .

Global Welding Guns and Torches Market Outlook & Forecasts 2023-2028 Featuring Key Vendors - ESAB, Fronius International, Illinois Tool Works, Lincoln Electric, and Panasonic Connect - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 7, 2024
Machinery, Machine Tools, Metalworking & Metallurgy, Manufacturing, Steel, Illinois Tool Works, Robotics, Growth, Electronics, Research, Fronius International, Transport, Welding, ESAB, Lincoln Electric, Safety, Longevity, Automation, MIG, Gun, Power, Joint, Metal fabrication

Major players in the worldwide welding guns and torches market are ESAB, Fronius International, Illinois Tool Works, Lincoln Electric, and Panasonic Connect, which act as dominant forces in the industry.

Key Points: 
  • Major players in the worldwide welding guns and torches market are ESAB, Fronius International, Illinois Tool Works, Lincoln Electric, and Panasonic Connect, which act as dominant forces in the industry.
  • The Asia Pacific region dominated the global welding guns and torches market share in 2022, responsible for over 37% of the total revenue.
  • Advanced welding processes are a significant phenomenon driving the growth of the welding guns and torches market.
  • The global welding guns and torches market is highly diverse and segmented, with various types of equipment tailored to different welding processes.

FABTECH Canada Returning to Toronto June 11-13

Retrieved on: 
Wednesday, January 17, 2024
Laser, Woman, FMA, SME, Robotics, Hockey, ESAB, Lincoln Electric, Welding, Certification, Automation, Miller

TORONTO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- FABTECH Canada , the country’s largest metal forming, fabricating, welding and finishing event, has officially announced registration is open.

Key Points: 
  • TORONTO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- FABTECH Canada , the country’s largest metal forming, fabricating, welding and finishing event, has officially announced registration is open.
  • The 2024 event is returning to the Toronto Congress Centre June 11-13, 2024.
  • Exhibiting companies include AMADA Canada, BLM Group, Bystronic Canada, Mitsubishi Laser/MC Machinery Systems, Hypertherm, TRUMPF, Westway Machinery, Lincoln Electric, ESAB Welding & Cutting Products, Miller, Therma-Tron-X, Sames Kremlin Inc., Kuka Robotics Canada, AGT Robotics, and more.
  • The CWB Group will hold its CANWELD 2024 conference in conjunction with FABTECH Canada on June 12-13.

Lincoln Electric Named to Newsweek’s 2024 Ranking of America’s Most Responsible Companies

Retrieved on: 
Wednesday, December 6, 2023
Science, Golden Rule, Research, Plasma, Ethics, Environment, ESG, Lincoln Electric, Perception, Social, Business rules engine, Engineering, Lincoln, Social responsibility, Alloy, Corporate governance

CLEVELAND, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce that is has been named to Newsweek’s list of America’s Most Responsible Companies 2024.

Key Points: 
  • CLEVELAND, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce that is has been named to Newsweek’s list of America’s Most Responsible Companies 2024.
  • This prestigious award is presented by Newsweek and Statista, Inc., the world-leading statistics portal and industry ranking provider.
  • America’s Most Responsible Companies 2024 recognizes the top 600 U.S. public companies across 14 industries based on a holistic view of corporate responsibility.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .