Posted August 29, 200618 yr From the 8/29/06 PD: Lincoln Electric unveils Euclid expansion plan Tuesday, August 29, 2006 Thomas Ott Plain Dealer Reporter Euclid -- Lincoln Electric will spend as much as $40 million to expand and improve the global corporation's flagship plant, a sign to Euclid officials that the struggling inner-ring suburb's largest employer will stick around for a long time. Lincoln, based in Euclid, has signed a letter of intent to buy the neighboring Euclid-Hitachi Heavy Equipment plant at East 222nd Street and St. Clair Avenue and base a growing robotic-welding unit there, company spokesman Roy Morrow said... http://www.cleveland.com/news/plaindealer/index.ssf?/base/cuyahoga/1156840542113880.xml&coll=2
August 30, 200618 yr Great to see a local company doubling down instead of moving to China or Ravenna. Let's hope they can make it efficient enough to keep there for a long, long time.
August 1, 2024Aug 1 Lincoln Electric buys mobile power company Vanair. It's probably a nice acquisition on its own ($100 million in annual sales), but mount Lincoln's fast EV charger and you have an EV rescue vehicle. New sales potential. Maybe, I'm just guessing, says the LECO stockholder. https://www.bizjournals.com/cleveland/news/2024/08/01/lincoln-electric-buys-mobile-power-company-vanair.html?cx_testId=40&cx_testVariant=cx_24&cx_artPos=1#cxrecs_s Remember: It's the Year of the Snake
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