TORONTO, Aug. 29 /CNW/ -- The Lincoln Electric Company announced today
the successful completion of the modernization of the Continuous Cast Aluminum
Rod Mill at its Canadian subsidiary, Indalco Alloys Inc., the world's only
fully integrated aluminum welding wire producer.
The multi-million dollar modernization was conducted by
CONTINUUS-PROPERZI, an Italy-based designer and manufacturer of rod production
lines. It is a tangible example of the Lincoln Electric commitment to provide
superior quality rod for the manufacture of premium quality aluminum welding
wires. The upgrade of the Continuous Cast Rod Mill applied the latest
technology to the Company's casting process. The modernization also included
the upgrade of the electrical controls and user interface via continuous line
data from the rod mill.
In making the announcement today, Joseph G. Doria, President and Chief
Executive Officer of Lincoln Electric Company of Canada, said, "This new
generation rod mill demonstrates Lincoln Electric's commitment to continuous
improvement in its processes and to serving our customers with the latest and
best technology, while providing stability of supply which is so important
these days with so many global supply chain issues."
Located in Mississauga, Ontario, adjacent to Toronto, Indalco is an ISO
9001 and ISO 14001 certified company and one of the major global manufacturers
and processors of high alloy aluminum rod and welding wire.
The Lincoln Electric Company is a subsidiary of Lincoln Electric
Holdings, Inc. (Nasdaq: LECO), the world leader in the design, development and
manufacture of arc welding products, robotic arc-welding systems, plasma and
oxyfuel cutting equipment. The Company also has a leading global position in
the brazing and soldering alloys market. Headquartered in Cleveland, Ohio,
Lincoln has 38 manufacturing locations, including operations, manufacturing
alliances 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, its products and services, visit the
Company's Web site at http://www.lincolnelectric.com .
For further information:
For further information: Media, Roy L. Morrow, +1-216-383-4893, Fax,
+1-216-383-8220, Roy_Morrow@lincolnelectric.com; In Canada, Joseph G. Doria,
+1-416-421-2600, Joe_Doria@lincolnelectric.com; Investors, Joseph P. Kelley,
+1-216-383-8346, firstname.lastname@example.org, all of Lincoln Electric
Holdings, Inc. Web Site: http://www.lincolnelectric.com