- Lincoln electric holdings seems to be focused on Acquisitions.
- the company is located in Cleveland, ohio, United States.
- Till date Lincoln electric holdings acquired 25 firms.
- Cold-water machine company acquired by Lincoln Electric Holdings.
- Pro systems LLC acquired by Lincoln Electric Holdings.
When it’s about acquisition no firm will stop thinking about to swallow another firm because it may take them to the top of the list. Lincoln Electric Holdings also thought the same way. From the official press release it’s clear that they are on a pursuit of acquisitions. Lincoln Electric Holdings is a multinational & global Manufactures of Welding equipment as well as welding consumables.
About Lincoln Electric
Lincoln Electric Holdings, Inc. is an American multinational and a global manufacturer of welding products, arc welding equipment, welding consumables, plasma and oxy-fuel cutting equipment and robotic welding systems.
It has 42 manufacturing locations in North America, Europe, Middle East, Asia and Latin America. It also operates manufacturing alliances and joint ventures in 19 countries. Since 1975, eight cases have been written about Lincoln Electric by the Harvard Business School alone.
The company reported over $2.9 billion sales in 2013, and also sales from North America accounting for 50% of it. Lincoln has over 8500+ employees globally and 3000 in the United States alone. Among Lincoln Electric’s subsidiaries is The Harris Products Group, which is a manufacturer of Welding Consumables, Gas Apparatus, and other Specialty Products. The Harris Products Group has manufacturing facilities in Georgia, Ohio, California, Poland, Mexico, Brazil and Italy. The firm invested a capital investment of $200 so far.
About Coldwater Machine company
Coldwater Machine Company designs, builds and integrates specialized equipment and automation for a variety of industries. Their strength lies in their ability to use technology and know-how developed to solve specific challenges in one market and apply it to other industries.
“We are confident that this exciting development will further enhance both companies’ ability to service Coldwater Machine’s current customers, and develop and produce new application solutions, products and services for the automation market where engineered products are used.”
Coldwater Machine Company develops and delivers turnkey, automated solutions for OEM and Tier suppliers. Their major sectors include automotive, aerospace energy, appliance. The firm’s strength lies in their ability to transfer technology and know-how developed in solving specific challenges for one market to other industries. From tight tolerance tooling and fixtures through custom-designed, highly automated assembly lines, Coldwater has the experience to develop a solution that will improve your production operations.
About Pro Systems LLC
Pro Systems was founded on the idea of using high quality materials and advanced equipment to design unique automated machines.
At Pro Systems, they don’t just talk the talk. When you work with them, a project manager will walk with you every step of the way. From concept and design to installation and start-up, this expert will manage every detail and deadline.
Project design and management is the foundation of their success. Each and every Pro Systems employee is dedicated to providing the products and also services required to satisfy the automation needs of customers.
above all their high quality products stem from a philosophy that promotes:
- Adherence to a high level of professional conduct
- Strong customer and vendor relationships
- Positive work environment
- Strong project management
By understanding and responding to dynamic customer needs, we create cost efficient, effective manufacturing solutions.