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LINCOLN ELECTRIC HOLDINGS, INC.

(LECO)
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Lincoln Electric and SES Combine Additive Manufacturing Expertise to Grow Market

11/04/2021 | 10:05am EST


Cleveland OH - Lincoln Electric and Stress Engineering Services, Inc. (SES) signed a memorandum of understanding (MOU) to formalize their collaboration in large-format metal additive manufacturing (AM). Lincoln Electric and SES bring complementary strengths to the world of metal additive manufacturing, and now these two leaders are combining efforts to help promote this high-growth sector and the applications within it.

Additive manufacturing is of increasing interest to the energy, power generation, and oil & gas industries as they realize the potential benefits of AM for large-scale metal part fabrication: drastically shorter lead times, reduced costs, digital inventory, design flexibility and high quality, especially as compared to castings.

The close collaboration between Lincoln Electric and SES will help customers accelerate the adoption and qualification of AM parts. SES assists on the front end with design and analysis and the back end with validation testing, leveraging its industry-leading design and test capabilities for large components. Lincoln Electric is on the cutting edge of metal AM technology and with its vertical integration and installed capacity can deliver high quality AM components fast.

"SES customers have pain points in sourcing and manufacturing their large metal components that Lincoln Electric Additive Solutions can alleviate," says Michael Whitehead, SVP, President, Global Automation, Cutting & Additive Businesses of Lincoln Electric. "By working with Stress Engineering Services, we anticipate driving additive adoption faster by helping customers realize the myriad benefits provided by large-scale metal additive manufacturing."

Jack Miller, President, SES, said, "Our commitment to the adoption of large format Metal Additive Manufacturing Technology is unparalleled through validation testing and our other capabilities. This alliance strengthens our service portfolio and capabilities in new and important areas. We are very excited to work with Lincoln Electric Additive Solutions to create an outstanding commercial client focused team that benefits all stakeholders and will ultimately affect client's capital and operating costs positively."

For more information, visit https://additive.lincolnelectric.com/

Pkg. # 859

About Lincoln Electric Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment and has a leading global position in brazing and soldering alloys. Headquartered in Cleveland, Ohio, Lincoln has 55 manufacturing locations in 18 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 at https://www.lincolnelectric.com.

About Stress Engineering Services, Inc.
Since 1972, Stress Engineering Services, Inc. has been a global leader in consulting engineering services and solutions for a variety of industries. SES is committed to providing the most comprehensive design, analysis and testing services with an unsurpassed level of engineering integrity and skill. The company's multi-disciplinary engineering methods, advanced technology, innovative applications and highly knowledgeable and experienced staff provide proven, quantifiable benefits to its worldwide portfolio of clients. Stress Engineering is headquartered in Houston, Texas with offices in Cincinnati, OH; Irvine, CA; Columbus, NJ; and Calgary, AB. For more information, visit www.stress.com.

Disclaimer

Lincoln Electric Holdings Inc. published this content on 02 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 15:04:10 UTC.


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Christopher Lee Mapes Chairman, President & Chief Executive Officer
Gabriel Bruno Chief Financial Officer, Treasurer & Executive VP
Thomas Matthews Senior VP-Technology, Research & Development
Anthony K. Battle Chief Compliance Officer & SVP-Internal Audit
G. Russell Lincoln Independent Director