The state-of-the-art vision-based technology has proven to be valuable in the shipbuilding, energy, and heavy industry sectors, where welding accessibility can be challenging for traditional automated systems, but precision and quality are mission critical.

鈥淲e are pleased to welcome the Inrotech team to Lincoln Electric and are excited to expand the reach of their automated welding systems and incorporate their proprietary vision-based adaptive intelligence technology across a broader range of Lincoln systems, enabling the next generation of welding solutions,鈥� stated Mike Whitehead, Lincoln Electric鈥檚 Senior Vice President, President of Global Automation, Cutting, and Additive Solutions.

鈥淲e are excited to join Lincoln Electric and realize the enormous untapped value our technology can offer customers worldwide when combined with Lincoln鈥檚 extensive welding and automation expertise,鈥� commented Henrik Lenskjold, CEO of Inrotech.

Terms of the transaction were not disclosed.

糖心传媒 Lincoln Electric

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert for its leading materials science, software development, automation engineering, and application expertise, which advance customers鈥� fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln has 71 manufacturing locations in 21 countries and a worldwide network of distributors and sales offices serving customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company鈥檚 website at .

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鈥淲e are deeply saddened by the tragedy and humanitarian crisis unfolding in Ukraine and are compelled to cease our operations to align with our values and our guiding principle, The Golden Rule,鈥� said Christopher L. Mapes, Chairman, President and Chief Executive Officer. 鈥淥ur priority at this time is the safety and support of our Ukrainian employees who serve in our eastern European facilities and our Russian employees.鈥�

The Lincoln Electric Foundation, in conjunction with Lincoln Electric鈥檚 teams in Poland and Romania are providing humanitarian aid through grants and are supporting refugees with food, clothing, and personal care donations, as well as volunteering at distribution sites and providing housing support.

The Company鈥檚 net sales in Russia are less than 1% of global net sales.

糖心传媒 Lincoln Electric

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert for its leading material science, software development, automation engineering, and application expertise, which advance customers鈥� fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln has 56 manufacturing locations in 19 countries and a worldwide network of distributors and sales offices serving customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company鈥檚 website at .

The post Lincoln Electric Ceasing Operations in Russia appeared first on 糖心传媒 Newsroom.