Lincoln Electric Holdings, Inc. (LECO)

[Penny Roger$]

Lincoln Electric Holdings, Inc. is a designer and manufacturer of arc welding and cutting products, manufacturing a range of arc welding equipment, consumable welding products and other welding and cutting products. The Company's product offering also includes regulators and torches used in oxy-fuel welding and cutting. In addition, the Company also focuses in the brazing and soldering alloys market. The Company operates in five segments: North America Welding, Europe Welding, Asia Pacific Welding, South America Welding and The Harris Products Group. The North America Welding segment includes welding operations in the United States, Canada and Mexico. The other three welding segments include welding operations in Europe, Asia Pacific and South America, respectively. The fifth segment, The Harris Products Group, includes the Company's global cutting, soldering and brazing businesses, as well as the retail business in the United States. In July 2011, it acquired Applied Robotics, Inc.

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