Lincoln Electric

Lincoln Electric Named to Newsweek’s America’s Greenest Companies 2024 Ranking

Retrieved on: 
Tuesday, September 26, 2023

CLEVELAND, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce today that is has been recognized as one of America’s Greenest Companies 2024 by Newsweek, market research firm Plant-A Insights Group, and GIST Impact, a leading impact data and analytics provider.

Key Points: 
  • CLEVELAND, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce today that is has been recognized as one of America’s Greenest Companies 2024 by Newsweek, market research firm Plant-A Insights Group, and GIST Impact, a leading impact data and analytics provider.
  • “We are proud to be named one of America’s Greenest Companies 2024,” stated Christopher L. Mapes, Lincoln Electric’s Chairman, President and Chief Executive Officer.
  • America’s Greenest Companies 2024 list recognizes the top 300 U.S. companies based on their progress managing environmental sustainability across more than 25 parameters in four categories: greenhouse gas emissions, water usage, waste generation, and commitment and disclosures.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at

Lincoln Electric To Host The CharIN Testival North America 2023 Event

Retrieved on: 
Monday, September 25, 2023

CLEVELAND, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (“the Company”) (Nasdaq: LECO) is pleased to announce today that it will be hosting CharIN’s Testival North America 2023 event at its Cleveland, Ohio campus from November 28 to 30, 2023.

Key Points: 
  • CLEVELAND, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (“the Company”) (Nasdaq: LECO) is pleased to announce today that it will be hosting CharIN’s Testival North America 2023 event at its Cleveland, Ohio campus from November 28 to 30, 2023.
  • The CharIN Testival at Lincoln Electric will address all manner of e-mobility interoperability challenges and encourages collaboration and networking among participants.
  • Lincoln Electric will be showcasing its new Velion™ 150kW DC fast charger at the event and will be offering tours of its manufacturing facility to Testival attendees.
  • According to Erika Myers, the Executive Director of CharIN North America, “We are excited to host a CharIN Testival at Lincoln Electric’s amazing facility.

Lincoln Electric Receives Initial Order for Its VelionTM DC Fast Charger for Electric Vehicles

Retrieved on: 
Thursday, September 14, 2023

Lincoln Electric’s inaugural 150kW VelionTM DC fast charger exceeds 75% domestic content, is engineered to exceed 97% uptime with an output of up to 1000V/150A and 500V/300A, with charging efficiency of 95%.

Key Points: 
  • Lincoln Electric’s inaugural 150kW VelionTM DC fast charger exceeds 75% domestic content, is engineered to exceed 97% uptime with an output of up to 1000V/150A and 500V/300A, with charging efficiency of 95%.
  • Lincoln Electric has expanded its manufacturing capacity to produce up to 6,000 units annually in its Cleveland, Ohio facility.
  • The 150kW VelionTM DC fast charger is the first of several DC fast charging products the Company will be bringing to market.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at

Lincoln Electric Named One of the World’s Most Trustworthy Companies of 2023 by Newsweek

Retrieved on: 
Friday, September 8, 2023

CLEVELAND, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce that it has been recognized as one of the World’s Most Trustworthy Companies of 2023 by Newsweek.

Key Points: 
  • CLEVELAND, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce that it has been recognized as one of the World’s Most Trustworthy Companies of 2023 by Newsweek.
  • “We are proud to be recognized among the World’s Most Trustworthy Companies by Newsweek reflecting our strong compliance program and a culture of ethics and integrity,” said Christopher L. Mapes, Lincoln Electric’s Chairman, President and Chief Executive Officer.
  • Lincoln Electric was also recognized by Newsweek as one of the Most Trustworthy Companies in America in 2023.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at

FANUC America Demonstrates Automated Solutions for Welding and Coating at FABTECH

Retrieved on: 
Friday, September 8, 2023

FANUC America, a world leader in CNCs, robotics, and ROBOMACHINEs will demonstrate the industry’s latest automation technologies for welding and coating at FABTECH 2023 , Sept. 11-14 in Chicago.

Key Points: 
  • FANUC America, a world leader in CNCs, robotics, and ROBOMACHINEs will demonstrate the industry’s latest automation technologies for welding and coating at FABTECH 2023 , Sept. 11-14 in Chicago.
  • See FANUC’s CNC and robotic welding demonstrations in booth B-27015 and automated solutions for painting and coating in booth D-40523.
  • View the full release here: https://www.businesswire.com/news/home/20230908312048/en/
    FANUC's easy-to-use CRX-25iA welding cobot, which now offers a 30kg payload and 1,889mm reach, will demonstrate welding joints on a mower deck.
  • A FANUC CRX-10iA/L welding cobot with a long 1418mm reach will showcase live aluminum arc welding with the FANUC Servo Torch.

Baker Industries Achieves ISO 14001 Certification of Environmental Management System

Retrieved on: 
Tuesday, September 12, 2023

MACOMB, Mich., Sept. 12, 2023 /PRNewswire/ -- Baker Industries (the "Company"), a Lincoln Electric company, today announced that it has achieved ISO 14001 certification.

Key Points: 
  • MACOMB, Mich., Sept. 12, 2023 /PRNewswire/ -- Baker Industries (the "Company"), a Lincoln Electric company, today announced that it has achieved ISO 14001 certification.
  • Baker Industries is the 40th Lincoln Electric site to achieve ISO 14001 certification.
  • ISO 14001 is an internationally recognized standard for environmental management systems (EMS).
  • By adhering to ISO 14001, companies can effectively manage their environmental impact, reduce resource consumption, and demonstrate a commitment to sustainability and environmental responsibility.

Lincoln Electric Announces September 2023 Events With the Financial Community

Retrieved on: 
Monday, August 28, 2023

CLEVELAND, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events with the financial community in the month of September:

Key Points: 
  • CLEVELAND, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events with the financial community in the month of September:
    Webcasts and replays can be accessed on our Investor Relations web site: 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.
  • Headquartered in Cleveland, Ohio, Lincoln has 71 manufacturing locations in 20 countries and a worldwide network of distributors and sales offices serving customers in over 160 countries.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at

JELD-WEN Appoints Michael F. Hilton to Board of Directors

Retrieved on: 
Monday, August 7, 2023

CHARLOTTE, N.C., Aug. 7, 2023 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced it has appointed Michael F. Hilton to its board of directors, effective August 3, 2023.

Key Points: 
  • CHARLOTTE, N.C., Aug. 7, 2023 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced it has appointed Michael F. Hilton to its board of directors, effective August 3, 2023.
  • His appointment expands the company's board to 10 members, eight of whom are independent.
  • Hilton was president and CEO of Nordson Corporation, an engineering and manufacturing company, from 2010 until his retirement in 2019.
  • Hilton currently serves on the board of directors of three publicly traded companies: Ryder System, Inc., Lincoln Electric and Regal Rexnord Corporation.

Michael Kuta Named CEO of DMC Global

Retrieved on: 
Monday, August 7, 2023

BROOMFIELD, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) -- The board of directors of DMC Global Inc. (Nasdaq: BOOM) today announced the appointment of Michael Kuta as president, chief executive officer and director, effective immediately.

Key Points: 
  • BROOMFIELD, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) -- The board of directors of DMC Global Inc. (Nasdaq: BOOM) today announced the appointment of Michael Kuta as president, chief executive officer and director, effective immediately.
  • Mr. Kuta was previously DMC’s interim co-CEO, a position he and DMC director David Aldous jointly assumed in January 2023.
  • From 2014 to January 2023, Mr. Kuta was DMC’s chief financial officer.
  • Mr. Aldous added, “During our work together, I witnessed Mike’s passion for DMC and his belief in its potential for profitable growth.

Lincoln Electric Announces Year End Executive Leadership Transition

Retrieved on: 
Thursday, July 27, 2023

CLEVELAND, July 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (NASDAQ: LECO) announced today that Christopher L. Mapes, Chairman, President and Chief Executive Officer (CEO), who has served as President and CEO since 2012, will retire as President and CEO on December 31, 2023, and will be designated as Executive Chairman of the Board, effective January 1, 2024. Steven B. Hedlund, who has been with the Company for 15 years and serves as Chief Operating Officer, will be named President and CEO, and appointed as a member of the Board, effective January 1, 2024. As Executive Chairman, Mapes will work closely with Hedlund to ensure a seamless transition for all Lincoln Electric stakeholders and support the Company’s Higher Standard 2025 Strategy initiatives.

Key Points: 
  • As Executive Chairman, Mapes will work closely with Hedlund to ensure a seamless transition for all Lincoln Electric stakeholders and support the Company’s Higher Standard 2025 Strategy initiatives.
  • Under his leadership, Lincoln Electric has extended its global leadership through innovation and growth, including over 20 acquisitions and established the industry’s leading automation portfolio.
  • “It has been a privilege to lead Lincoln Electric and work alongside our incredibly talented and committed employees,” said Mapes.
  • Prior to joining Lincoln Electric, Hedlund held various executive leadership roles at Fortune Brands, Inc. and served as principal with the management consulting firm, Booz Allen & Hamilton.