Skip to main content

Lincoln Electric acquires Inovatech

Published by
World Pipelines,


Lincoln Electric Holdings, Inc. has announced it recently acquired Inovatech Engineering Corporation and related assets. Inovatech is a privately held Ontario, Canada-based manufacturer of advanced robotic plasma cutting solutions for structural steel applications.

“We are pleased to welcome Inovatech into the industry’s leading automation portfolio,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. “The addition scales our automated cutting solutions and application expertise for structural steel applications and supports long-term growth in that market.”

Terms of the transaction were not disclosed.

Read the article online at: https://www.worldpipelines.com/business-news/05122018/lincoln-electric-acquires-inovatech/

You might also like

Know the advantages of trenching versus excavating

Trencher or excavator? For pipeline distribution, power, water, sewer, gas and underdrain installations, as well as other heavy-duty trenching applications, both machines can do the work, yet excavators continue to be more prevalently used. But, this seems to be largely due to tradition. In fact, many contractors will tell you that they still install product with an excavator because that’s the way they’ve always done it.

 
 

Embed article link: (copy the HTML code below):