Lincoln Electric Acquires Arc Products

March 18, 2011

Lincoln Electric Holdings, Cleveland, has acquired the assets of Arc Products, San Diego, Calif., a privately held manufacturer of orbital welding systems and welding automation components.

Orbital welding systems are designed to weld pipe and tube automatically in difficult-to-access locations and for mission-critical applications requiring high weld integrity and sophisticated quality-monitoring capabilities. The acquisition will complement Lincoln’s ability to serve global customers in the nuclear, power generation, and process industries worldwide, Lincoln states.

“Orbital welding is one of the fastest-growing segments of our industry,” said Lincoln Chairman and CEO John M. Stropki. “Arc Products has a robust and cost-effective line of orbital welding products that, combined with Lincoln’s advanced welding power sources and applications engineering expertise, will allow us to quickly build a global leadership position in this important segment.”

Arc Products has annual sales of approximately U.S.$5 million and employs more than 40 people. Terms of the sale were not disclosed.

“Joining with Lincoln will enable us to service and support end users on a global basis, and will further accelerate our rapid growth in orbital welding systems,” said Arc Products President Victor Miller.

For more information, visit www.lincolnelectric.com.