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Lincoln Acquisitions Add Cutting-System Muscle
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Tuesday, January 1, 2013
Lincoln Electric Holdings, Inc., Cleveland, OH, acquired three business units from ITT Corp.: Kaliburn, Burny and Cleveland Motion Controls (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.
See also: Lincoln Electric Co.
Related Enterprise Zones: Welding
