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Latest Lincoln Electric Holdings Inc. Stories

2011-01-31 15:19:00

CLEVELAND, Jan. 31, 2011 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired substantially all of the assets of Arc Products, a privately-held manufacturer of orbital welding systems and welding automation components based in Southern California. Orbital welding systems are designed to automatically weld pipe and tube in difficult to access locations and for mission-critical applications requiring high weld integrity and sophisticated quality...

2011-01-13 11:00:00

CLEVELAND, Jan. 13, 2011 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that the Company's 2011 Annual Meeting of Shareholders will be held at 11:30 a.m., Eastern Time, Friday, April 29, 2011, 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...

2010-12-28 15:15:00

CLEVELAND, Dec. 28, 2010 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it has signed a definitive agreement to acquire OOO Severstal-metiz: welding consumables, a leading manufacturer of welding consumables in Russia and a subsidiary of OAO Severstal, one of the world's leading vertically integrated steel and mining companies. The transaction will include acquiring manufacturing operations and exclusive distribution rights of the Severstal...

2010-12-02 12:47:00

CLEVELAND, Dec. 2, 2010 /PRNewswire-FirstCall/ -- The Board of Directors of Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today raised the Company's quarterly dividend $0.03 per share, a 10.7% increase, from $0.28 per share to $0.31 per share, or $1.24 per share on an annual basis. The dividend is payable January 14, 2011, to holders of record as of December 31, 2010. Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic...

2010-12-01 15:47:00

CLEVELAND, Dec. 1, 2010 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will present at the NASDAQ OMX 25th Investor Program being held in London on Wednesday, December 8, 2010, at 11:15 a.m. GMT (6:15 a.m. ET). Vincent K. Petrella, SVP and Chief Financial Officer, will present an overview of the Company and its global growth strategy. A webcast of the presentation from London will be available via the Investor tab on the Company's website at...

2010-11-02 08:22:00

OXFORD, Mass. and CLEVELAND, Nov. 2, 2010 /PRNewswire-FirstCall/ -- IPG Photonics Corporation (IPG), the world leader in high-power fiber lasers and amplifiers, and Lincoln Electric Holdings, Inc., (Nasdaq: LECO), the world leader in arc welding and cutting products, have formed a strategic partnership to explore global opportunities in the high-power laser welding and cutting market. Lincoln Electric selected IPG to be part of its strategic supplier vendor list in its effort to enhance...

2010-10-27 16:11:00

CLEVELAND, Oct. 27 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (the "Company") (Nasdaq: LECO) today announced that it has signed a definitive agreement to acquire Mezhgosmetiz-Mtsensk OAO ("MGM"), a privately-held welding wire manufacturer based in the Orel region of Russia. The acquisition will provide Lincoln its first manufacturing operation in Russia as well as established distribution channels to serve the growing Russian and Commonwealth of Independent States (CIS)...

2010-10-27 07:15:00

CLEVELAND, Oct. 27 /PRNewswire-FirstCall/ -- Third Quarter 2010 Highlights Sales were $519.3 million, an increase of 17.5% from the Third Quarter 2009 Operating income increased to $48.2 million from $33.3 million or an increase of 44.5% from the Third Quarter 2009 Excluding special items, adjusted operating income increased 21.7% to $49.3 million from $40.5 million in the Third Quarter 2009 Net income increased to $32.5 million, or $0.76 per diluted share, from $12.8 million, or...

2010-09-13 13:27:00

CLEVELAND, Sept. 13 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will participate in the Longbow Research 3rd Annual Industrial Manufacturing and Technology Conference being held Thursday, September 16, 2010, in New York City. Vincent K. Petrella, SVP and Chief Financial Officer, is scheduled to present at 1:15 p.m., Eastern Time, at the conference. A live webcast of the presentation will be available through the investor tab on Lincoln's Web site at...

2010-07-27 07:08:00

CLEVELAND, July 27 /PRNewswire-FirstCall/ -- Second Quarter and First Half 2010 Highlights Sales were $515.6 million, an increase of 24.8% from the Second Quarter 2009; First Half sales were $986.5 million, an increase of 19.6% from the First Half 2009 Adjusted operating income increased to $49.8 million from $24.8 million or an increase of 101.2% from the Second Quarter 2009 Adjusted operating income increased to $85.4 million from $37.4 million or an increase of 128.6% from the First...


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