Hot off the Press
Lincoln Acquisitions Add Cutting-System Muscle
Friday, November 16, 2012
Lincoln Electric Holdings, Inc., Cleveland, OH, acquired three business units from ITT Corp.: Kaliburn, Burny and Cleveland Motion Control (CMC). Kaliburn manufactures shape-cutting machines; Burny produces cutting control systems; and CMC provides web-tension transducers and engineered machine solutions. All three businesses are consolidated in a headquarters and manufacturing operation in Landson, SC, employing 140 people and with combined annual sales of $35 million.
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