119 Years of Excellence
Lincoln’s tradition of innovative solutions, technological leadership and commitment to customers, employees and shareholders stems from the vision of its founder, John C. Lincoln, and his brother, James F. Lincoln.
For over 119 years, Lincoln Electric has been a 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 alloys market. Known as the Welding Experts®, our solutions are used across diverse industry sectors in over 160 countries. Headquartered in Cleveland, Ohio, we operate 48 manufacturing locations in 19 countries and generated $2.9B in revenue in 2013.
Lincoln Electric is a leading global provider of comprehensive arc welding, cutting and joining solutions.
Arc welding is the dominant joining method for steel buildings and other industrial construction, and our solutions play an important role in many industries and infrastructure projects around the world. Increased activity in construction, infrastructure improvement, general manufacturing and oil- and gas-related projects is fueling global demand for welding products.
We distinguish ourselves through our:
•Technological expertise and innovative solutions that help customers reduce costs, improve productivity, enhance performance, minimize waste, and use resources more efficiently
•Progressive management programs, developed by the Company’s founders, that are performance- and profitdriven and help drive our successful results
•Culture of continuous improvement focusing on earnings growth, strong cash flow generation, a solid balance sheet, and increasing returns to shareholders
A Global Leader
Founded in 1895 and recognized as The Welding Experts®, our Company has a long track record of providing cutting-edge products and solutions to customers, and continues to pioneer new technology for the welding industry.
•Strong brand for more than 119 years – known for quality, performance and productivity
•Leading positions in key end markets and geographic regions
•Global reach with an extensive footprint and distribution network in more than 160 countries
•Complete and innovative solutions (welding equipment, consumables, services) for diversified end markets
•Industry’s largest team of sector specialists, application engineers and sales specialists
Strong Execution of Growth Strategy
Our strategy is to capitalize on the following strengths to drive global growth:
1 New Products are defined as solutions launched within the last five years.
We offer industry-leading expertise in metallurgy, chemistry, engineering and software design. Our global R&D centers include the David C. Lincoln Technology Center, the most advanced facility of its kind in the welding industry.
With manufacturing operations and joint ventures in 19 countries, and broad distribution channels serving customers in more than 160 countries, we are well-positioned to serve multinational customers across their platforms and to capture growth in all regions of the world. We continue to expand our presence in targeted high-growth areas.
We draw from a broad portfolio of solutions, more than 500 technical sales, application engineers and system integrators, and leading customer service and application expertise to help customers maximize quality, productivity, and product performance. We also provide training for customer employees to ensure safe procedures.
Disciplined Acquisition Strategy
Acquisitions are a key component of our growth strategy and have helped extend our presence in high-growth regions and product markets such as alloy-based consumables, automated systems and cutting equipment. Our goal is to average 500 basis points of revenue growth each year from acquisition activity.
Financial Efficiency and Operational Excellence
Our operational and capital efficiency allows us to strategically invest in the business and maximize returns throughout the economic cycle. Primary areas of focus include:
• Productivity improvement through continuous improvement initiatives
• Working capital improvement
• Maximizing cash flow generation to fund growth and to reward shareholders through dividend distributions and share repurchases
Driving Stronger Results
As part of our 10-year “2020 Vision” plan, we have established the following strategic targets:
• Compound annual growth rate (CAGR) of 10% in net sales from 2009 to 2020
• Average operating profit margin of 15% through a complete economic cycle
• Average 15% return on invested capital through a complete economic cycle
• Operating working capital of 15% of net sales by 2020
There are a few ways you can contact Lincoln Electric. Our trained Customer Service staff is available 8:00 AM to 6:00 PM Eastern Time.
Live Chat is available on our website at http://www.livehelpnow.net
Phone ‐ You can contact Customer Service via phone at 888‐610‐9206.