Lincoln Electric Holdings Inc. says it has acquired Wayne Trail Technologies Inc., a privately held Ohio-based manufacturer of automated systems and tooling, serving a wide range of applications in the metal processing market. Terms were not disclosed.
“Wayne Trail brings extensive design and system building experience, and we are particularly excited about the company’s proven capabilities and continued commercial success in the area of laser welding systems,” said John M. Stropki, Chairman and Chief Executive Officer.
“We look forward to expanding our ability to serve customers in the U.S. and international markets as part of Lincoln’s portfolio of welding and automated solutions for its global customer base,” said David M. Knapke, President and CEO of Wayne Trail Technologies. The company has headquarters and manufacturing operations in Ft. Loramie, Ohio, has annual sales of approximately $50 million and employs 162 people.
Lincoln Electric Co.
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