Lincoln Electric Acquires Tennessee Rand, Inc., Automated Systems Manufacturer

Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment.

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired the privately-held automated systems and tooling manufacturer, Tennessee Rand, Inc.


Tennessee Rand is a leader in the design and manufacture of tooling and robotic systems for welding applications. The company serves a wide base of automotive and metal fabrication customers.

"Tennessee Rand strengthens our already strong position as a market leader in welding automation in North America," said Christopher L. Mapes, Chief Executive Officer. "Tennessee Rand brings extensive tool design, system building, and machining capabilities that will enable Lincoln to further expand its welding automation business. It is a nice complement to our recent acquisition of Wayne Trail Technologies."

"Lincoln's market strength and worldwide reach enable Tennessee Rand to expand its business and support customers with global deployment strategies," said Don Peters, President of Tennessee Rand. "We are pleased to now be a part of Lincoln Electric."

Tennessee Rand, Inc., with headquarters and manufacturing operations in Chattanooga, Tennessee, has annual sales of approximately $35 million. Terms were not disclosed.

Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market. Headquartered in Cleveland, Ohio, Lincoln has 46 manufacturing locations, including operations and joint ventures in 20 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric and its products and services, visit the Company's website.

Featured Product

ROBOTMASTER V7

ROBOTMASTER V7

Since Robotmaster V7 uses integrated CAD/CAM functionality, for the first time, the power of Robotmaster can be used by welding, cutting and other process experts without buying or learning complex CAD/CAM software. As in past versions, Robotmaster V7 imports paths, but now makes it even easier for end users to leverage any CAD/CAM tool choice. It is an intuitive tool that anyone could use, with or without robotics expertise. It bridges the gap between robots and manufacturing by providing easy programming solutions for part manufacturing.