Latest Lincoln Electric Holdings Inc. Stories
CLEVELAND, March 6, 2012 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it has acquired Weartech International, Inc., a privately-held producer of cobalt-based hard facing and wear-resistant welding consumables. Weartech is headquartered in Anaheim, California, with manufacturing plants in Anaheim and Port Talbot, Wales. The company has annual sales of approximately $40 million and employs 140 people combined at both locations. Terms of the...
CLEVELAND, Feb. 23, 2012 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Curtis E. Espeland, Senior Vice President and Chief Financial Officer of Eastman Chemical Company, has been elected to Lincoln's Board of Directors. "We welcome Curt Espeland to the Lincoln Electric Board and look forward to his contributions and guidance," said John M. Stropki, Chairman and Chief Executive Officer. "Curt brings an extensive financial background,...
CLEVELAND, Feb. 23, 2012 /PRNewswire/ -- The Board of Directors of Lincoln Electric Holdings, Inc. (Nasdaq: LECO) has declared a quarterly cash dividend of $0.17 per share, payable April 13, 2012, to holders of record as of March 31, 2012. Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering...
CLEVELAND, Feb. 17, 2012 /PRNewswire/ -- Fourth Quarter and Full Year 2011 Highlights --Sales were $694.5 million, an increase of 23.1% from the Fourth Quarter 2010; Full year 2011 Sales were $2.7 billion, an increase of 30.2% from 2010 --Operating income increased 57.4% to $82.4 million, or 11.9% of sales, from $52.3 million, or 9.3% of sales, in the Fourth Quarter 2010 --Full year Operating income increased 59.1% to $296.7 million,...
CLEVELAND, Feb. 3, 2012 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will release 2011 fourth-quarter and full-year financial results prior to market open on Friday, February 17, 2012. A conference call is scheduled for that same day at 10:00 a.m., Eastern Time, and will be accessible to the public via webcast through the Company's website at http://www.lincolnelectric.com/InvestorWebcasts/. Lincoln Electric is the world leader in the design, development and...
CLEVELAND, Jan. 19, 2012 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it will hold its 2012 Annual Meeting of Shareholders at 11:30 a.m., Eastern Time, Thursday, April 26, 2012, at the Marriott Cleveland East, 26300 Harvard Road, Warrensville Heights, Ohio 44122. Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment and has a...
CLEVELAND, Nov. 21, 2011 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that Doug Lance and Thomas Matthews have been elected officers of the Company. Mr. Lance was named Vice President, Operations, and Mr. Matthews was appointed Vice President, R&D. (Photo: http://photos.prnewswire.com/prnh/20111121/CL05290-a ) (Photo: http://photos.prnewswire.com/prnh/20111121/CL05290-b ) In his new position, Mr. Lance will have responsibility for Lincoln's Cleveland...
CLEVELAND, Nov. 3, 2011 /PRNewswire/ -- The Lincoln Electric Holdings, Inc. (Nasdaq: LECO) Board of Directors has approved a 9.7% increase in the Company's quarterly dividend from $0.155 per share to $0.17 per share, or $0.68 on an annual basis. The dividend is payable January 13, 2012, to holders of record as of December 31, 2011. Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting...
CLEVELAND, Oct. 27, 2011 /PRNewswire/ -- Third Quarter 2011 Highlights Sales were $701.6 million, an increase of 35.1% from the Third Quarter 2010Operating income increased 55.3% to $74.8 million from $48.2 million in the Third Quarter 2010 Net income increased 71.0% to $55.5 million, or $0.66 per diluted share, from $32.5 million, or $0.38 per diluted share, in the Third Quarter 2010 Net cash provided by operating activities increased $28.8 million to $84.8 million in the Third Quarter...
CLEVELAND, Oct. 13, 2011 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will release financial results for the 2011 third quarter prior to market open on Thursday, October 27, 2011. A conference call is scheduled for that same day at 10:00 a.m., Eastern Time. The call will be accessible to the public through the Company's website at http://www.lincolnelectric.com/InvestorWebcasts. Lincoln Electric is the world leader in the design, development and manufacture of arc welding...
