Lincoln Electric and The NanoSteel Company announced today that Lincoln Electric has been granted an exclusive worldwide license to NanoSteel’s proprietary steel coatings technology for weld overlay and thermal spray applications. This agreement expands Lincoln Electric’s range of wear-resistant products, which complement the company’s core arc welding, cutting and automation solutions.
For more than 12 years, NanoSteel has developed innovative iron-based alloys in various forms to advance steel’s capabilities in multiple markets. The company will continue to develop and market its engineered powders and automotive sheet steel portfolio outside this agreement.
During the transition period, NanoSteel and Lincoln Electric will work together to ensure consistent product availability and customer support. Terms of the licensing agreement were not disclosed.
Caption: The NanoSteel Company says its coatings provide advanced wear resistance.
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