By Jemima Owen-Jones2018-12-10T10:18:00+00:00
Lincoln Electric Holdings, Inc., Ohio-based developer of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment, has acquired Inovatech Engineering Corporation and related assets.
Inovatech is a privately held Ontario, Canada-based manufacturer of advanced robotic plasma cutting solutions for structural steel applications.
“We are pleased to welcome Inovatech into the industry’s leading automation portfolio,” said Christopher L. Mapes, Chairman, President and CEO.
“The addition scales our automated cutting solutions and application expertise for structural steel applications and supports long-term growth in that market,” he added.
Terms of the transaction were not disclosed.
Lincoln Electrics, provider of arc welding and cutting solutions, held an open house and ribbon cutting ceremony to celebrate the grand opening of its new Welding Technology and Training Center in Cleveland.
Lincoln Electric Holdings, Inc. has promoted David J. Nangle to Executive Vice-President, effective 19th July, 2018. This is in addition to his role as President of The Harris Products Group segment.
Tech Air, a national distributor of industrial, medical, and specialty gases and related equipment and supplies, has acquired Scully Welding Supply Corporation and Scully Propane Service Corp of Collingdale, Pennsylvania to strengthen its northeast presence.
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