{"id":1157,"date":"2024-05-03T16:30:00","date_gmt":"2024-05-03T20:30:00","guid":{"rendered":"https:\/\/www.bakerindustriesinc.com\/news\/?p=1157"},"modified":"2024-06-21T07:58:07","modified_gmt":"2024-06-21T11:58:07","slug":"lincoln-electric-acquires-powermig-automacao-e-soldagem-ltda","status":"publish","type":"post","link":"https:\/\/www.bakerindustriesinc.com\/news\/2024\/05\/03\/lincoln-electric-acquires-powermig-automacao-e-soldagem-ltda\/","title":{"rendered":"Lincoln Electric Acquires Powermig Automac\u00e3o E Soldagem Ltda."},"content":{"rendered":"\n<p><strong>CLEVELAND, May 03, 2023 (GLOBE NEWSWIRE) &#8212;<\/strong> Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Powermig Automa\u00e7\u00e3o e Soldagem Ltda. (\u201cPowermig\u201d), a privately held automation engineering firm headquartered in Caxias do Sul, Rio Grande do Sul state, in Brazil. Powermig specializes in designing and engineering industrial welding automation solutions for the heavy industry and transportation sectors and has an annual revenue of approximately USD$15 million.<\/p>\n\n\n\n<p>\u201cWe are pleased to welcome the Powermig team into our industry-leading automation portfolio,\u201d stated Christopher L. Mapes, Lincoln\u2019s Chairman, President and CEO. \u201cThe addition expands our automation capabilities and allows us to accelerate automation growth in the region as part of our Higher Standard 2025 strategy.\u201d<\/p>\n\n\n\n<p>Terms of the transaction were not disclosed.<\/p>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>糖心传媒 Lincoln Electric<\/strong><\/p>\n\n\n\n<p>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\u2122 for its leading materials science, software development, automation engineering, and application expertise, which advance customers\u2019 fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln has 71 manufacturing locations in 20 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\u2019s website at <a href=\"https:\/\/www.lincolnelectric.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.lincolnelectric.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CLEVELAND, May 03, 2023 (GLOBE NEWSWIRE) &#8212; Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Powermig Automa\u00e7\u00e3o e Soldagem Ltda. (\u201cPowermig\u201d), a privately held automation engineering firm headquartered in Caxias do Sul, Rio Grande do Sul state, in Brazil. Powermig specializes in designing and engineering industrial welding automation solutions for the [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":1176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","_jf_save_progress":"","_jf_schedule_form":"","_jf_limit_responses":"","_jet_sm_ready_style":"","_jet_sm_style":"","_jet_sm_controls_values":"","_jet_sm_fonts_collection":"","_jet_sm_fonts_links":"","footnotes":""},"categories":[33],"tags":[15,88,91,89,90],"region":[92],"class_list":["post-1157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","tag-automotive","tag-heavy-equipment","tag-industrial-automation","tag-machinery","tag-transportation","region-south-america"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.0 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ 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