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Lincoln Electric Announces Executive Vice President, President of The Harris Products Group .
Lincoln Electric Holdings, Inc.April 26, 2021 GMT
CLEVELAND, April 26, 2021 (GLOBE NEWSWIRE) Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) announced today that David J. Nangle, Executive Vice President, President, The Harris Products Group (HPG) will retire effective October 1, 2021 and will be succeeded by Gregory Doria. As part of the transition, Doria has been promoted to Senior Vice President, Chief Operating Officer, The Harris Products Group. He formerly served as Vice President, Marketing, Lincoln Electric.
Lincoln Electric Announces Executive Vice President, President of The Harris Products Group David J. Nangle to Retire Gregory Doria to be Named Senior Vice President, President of The Harris Products Group Effective October 1, 2021 Lincoln Electric Holdings, Inc. Euclid, Ohio, UNITED STATES
CLEVELAND, April 26, 2021 (GLOBE NEWSWIRE) Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) announced today that David J. Nangle, Executive Vice President, President, The Harris Products Group (HPG) will retire effective October 1, 2021 and will be succeeded by Gregory Doria. As part of the transition, Doria has been promoted to Senior Vice President, Chief Operating Officer, The Harris Products Group. He formerly served as Vice President, Marketing, Lincoln Electric.
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Amid the COVID-19 crisis, the global market for Metal Cutting Machines (MCM) estimated at US$6.3 Billion in the year 2020, is projected to reach a revised size of US$9.2 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027.
Laser, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$5.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Plasma segment is readjusted to a revised 5.7% CAGR for the next 7-year period.
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CLEVELAND, April 21, 2021 (GLOBE NEWSWIRE) Lincoln Electric Holdings, Inc., (NASDAQ:LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.51 per common share, payable July 15, 2021 to shareholders of record as of June 30, 2021.
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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.
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