Lincoln Electric Acquires RedViking

Lincoln Electric Holdings, Inc. has acquired RedViking, a privately held automation system integrator headquartered in Plymouth, Michigan. The purchase expands Lincoln Electric's automation and testing capabilities—adding AGVs, mobile robots, custom assembly and dynamic test systems plus proprietary MES software—and extends its reach in aerospace & defense and transportation markets; RedViking generates roughly $70 million in annual revenue and its results will be reported in Lincoln's Americas Welding Segment.