INSULATOR KP32-B25

Lincoln Electric KP32-B25 Adjustable Slip-On Nozzle Insulator Assembly (Pack of 25)

2013

Lincoln leadership transitions from John M. Stropki, who retired after 41 years with the Company, to Christopher L. Mapes, who is now Chairman, President and CEO.

While sales held steady during the year, operating profit margins peak at a record 15% and record cash flows from operations is achieved.

Two acquisitions in automation, Robolution GmbH and Burlington Automation, are completed and position Lincoln as the largest arc welding automation solutions provider in the industry.

Lincoln Electric also earns the President’s “E-Star” Award again for its excellent export program. This is Lincoln’s second recognition and is only of 1 of 2 companies to earn the award more than once. Lincoln Canada is the first welding organization worldwide to qualify for ISO50001 certification focused on energy management.

2014

Lincoln Electric continues to invest in growth and innovation with the acquisition of Easom Automation Systems for heavy fabrication automation solutions, and RealWeld Systems Inc., which expands Lincoln’s educational and training solutions. Additionally the Company licenses technologies from Helical Robotics and from NanoSteel for high-performance weld overlay and thermal spray technologies. The Company continues to generate record financial results in 2014 from its operational initiatives as it pursues its ‘2020 Vision & Strategy’.