Metal Fabrication

Lincoln Acquires Two Companies

Adds Techalloy and Applied Robotics to assets

Published

13 years ago

August 10, 2011

Robin Donovan Signs of the Times August 2011 Issue

Lincoln Electric Holdings Inc. (Cleveland) has acquired the welding-related assets of Techalloy Co. Inc and its parent company, Central Wire Industries Ltd. Lincoln Electric also has acquired substantially all of Applied Robotics Inc.’s assets. Applied Robotics, known in the industry as Torchmate, is a CNC-cutting-table manufacturer. Torchmate employs 44 people and had trailing, 12-month sales of $13 million when acquired.

Related Topics:August 2011 Metal Fabrication

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