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Lincoln Electric Announces the Acquisition of Nanjing Kuang Tai Welding Material Co., Ltd.

Publication: PR Newswire
Publication Date: 20-JUL-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CLEVELAND, July 20 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. today announced that it has acquired Nanjing Kuang Tai Welding Material Co., Ltd., a manufacturer of stick electrode products based in Nanjing, China. Lincoln previously owned 35% of Nanjing indirectly through its investment in Kuang Tai Metal Industrial Co. Ltd., the seller in the transaction. Nanjing's annual...

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