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The company was founded in 1895 by John C. Lincoln with an investment of $200 to make electric motors he had designed. [3]The company is headquartered in Euclid, Ohio, and has 44 manufacturing locations, including operations and joint ventures in 19 countries and an international network of distributors and sales offices covering more than 160 countries.
In August 2015, welding manufacturer Lincoln Electric acquired Rimrock Holdings Corporation and its two divisions, Rimrock Corporation and Wolf Robotics. [ 6 ] [ 5 ] Following the acquisition, Wolf Robotics was renamed Lincoln Electric Automation Inc. [ 7 ]
Lincoln Electric's (LECO) better-than-expected Q4 results, focus on expanding in the automation solutions market and positive earnings estimate revision trends make it a stock worth holding on to.
If you want to know who really controls Lincoln Electric Holdings, Inc. ( NASDAQ:LECO ), then you'll have to look at...
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