Lincoln Electric Company
LINCOLN ELECTRIC ACQUIRES VIZIENT® MANUFACTURING SOLUTIONS
Cleveland – Lincoln Electric Holdings, Inc. (Nasdaq:LECO) announced today that it has acquired Vizient® Manufacturing Solutions (“Vizient”), a privately held robotic integrator specialized in custom engineered tooling and automated arc welding systems for general and heavy fabrication applications.
“We are excited to welcome Vizient into our growing automation portfolio,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. “Their system design capabilities not only complement our current offering, but their focus on quality and customer service aligns with our values at Lincoln Electric. Vizient will also help diversify our end market exposure and broaden growth opportunities globally.”
Vizient is headquartered and operates in Bettendorf, Iowa and has operations in Brazil. Annual sales are approximately $40 million. Terms of the transaction were not disclosed.
About Lincoln Electric
Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting equipment and has a leading global position in the brazing and soldering alloys market. Headquartered in Cleveland, Ohio, Lincoln has 48 manufacturing locations, including operations and joint ventures in 19 countries and a worldwide network of distributors and sales offices covering more than 160 countries.
Contact:
Amanda Butler
Director, Investor Relations
Tel: 216.383.2534
Email: Amanda_Butler@lincolnelectric.com
Source: https://www.lincolnelectric.com/en-ca/company/newsroom/Pages/vizient.aspx
Assembler
We are seeking a reliable, motivated, and hardworking Assembler to join our team. Under general supervision, the candidate will perform a variety of mechanical tasks on equipment and will perform other duties as required. Job tasks include assembly, building, and testing of our machines.
Applications Engineer
Identify the manufacturing process, recommend the machinery concept, and accurately develop the cost model for Wayne Trail-designed equipment.
Account Manager
This position is responsible for the development and implementation of sales strategies and plans to acquire new business for assigned solutions and services to meet or exceed annual sales goals and grow market share. The individual is responsible for establishing and maintaining relationships at assigned accounts and engaging with customers to ensure effective and efficient utilization of resources.