LECO Lincoln Electric Holdings Inc.

Lincoln Electric Named to Newsweek’s America’s Greatest Workplaces 2024

Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that it has been recognized as one of by Newsweek and Plant-A Insights Group.

The award recognizes leading U.S. workplaces based on reviews from over 250,000 U.S. employees across eight categories: training and career progression; proactive management of a diverse workforce; sustainability; corporate culture; compensation and benefits; working environment; company image; and work-life balance. Lincoln Electric was among 19 companies recognized in the Industrial Machinery sector.

“We are proud to be named as one of America’s Greatest Workplaces as it reflects our commitment to attracting and developing the best talent to effectively serve our customers and stakeholders,” stated Steven B. Hedlund, President and Chief Executive Officer of Lincoln Electric.

The Company has also been recognized by Newsweek as one of America’s Most Responsible Companies 2024, America’s Greatest Workplaces for Diversity 2024, and America’s Greenest Companies 2024.

“Finding a great workplace is an important decision that needs to factor in pay, respect, training and advancement as well as a healthy work-life balance. Newsweek and market-data research firm Plant-A Insights, are proud to publish 'America’s Greatest Workplaces 2024,' the second annual ranking that highlights companies which are committed to offering a positive and supportive working environment,” stated Nancy Cooper, Newsweek’s global editor in chief.

About 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’ 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’s website at .

EN
25/06/2024

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Reports on Lincoln Electric Holdings Inc.

 PRESS RELEASE

Lincoln Electric Announces September 2024 Events With the Financial Co...

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events with the financial community in the month of September: Stifel London Industrial Conference Wednesday, September 4, 2024 11:15 am BST (6:15 am ET) live webcast London, UK Steve Hedlund, President and Chief Executive Officer Jefferies Industrials Conference Thursday, September 5, 2024 8:05 am ET live webcast New York, NY Gabe Bruno, Executive Vice President and Chief Financial Officer Morgan Stanley 12th Annual Laguna Conference Thursday, September 12...

 PRESS RELEASE

Lincoln Electric Named to Newsweek’s America’s Greatest Workplaces for...

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that it has been recognized as one of by Newsweek and Plant-A Insights Group. The award recognizes the leading 1,000 U.S. workplaces based on reviews from over 113,000 U.S. parents across eight categories relevant to parents in the workplace: compensation and benefits; training and career progression; working environment; proactive management of a diverse workforce; company image; sustainability and awareness; work-life balance; and corporate culture. Lincoln Electric was among 10 com...

 PRESS RELEASE

Lincoln Electric Reports Second Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported second quarter 2024 net income of $101.7 million, or diluted earnings per share (EPS) of $1.77, which includes special item after-tax net charges of $32.6 million, or $0.57 EPS. This compares with prior year period net income of $137.3 million, or $2.36 EPS, which included special item after-tax net charges of $4.9 million, or $0.08 EPS. Excluding special items, second quarter 2024 adjusted net income was $134.3 million, or $2.34 adjusted EPS. This compares with adjusted net income of $14...

 PRESS RELEASE

Lincoln Electric Acquires Vanair®

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired (“Vanair”), a privately held, Michigan City, Indiana-based, manufacturer of mobile power solutions serving the U.S. service truck market. Vanair offers the industry’s most comprehensive portfolio of mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, chargers/boosters, and electrified power equipment. Their extensive equipment portfolio complements Lincoln Electric’s maintenance and repair consumable offering and builds upon the joint dev...

 PRESS RELEASE

Lincoln Electric Board Declares Dividend

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable October 15, 2024, to shareholders of record as of September 30, 2024. Business 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 ...

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