Lincoln Electric Acquires Baker Industries
Lincoln Electric has acquired Baker Industries to advance its automation capabilities and a new metal additive manufacturing service business that will launch in mid-2019.
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Lincoln Electric Holdings has acquired Baker Industries and related assets. Baker is a privately held provider of custom tooling, parts and fixtures primarily serving automotive and aerospace markets. The Detroit-based company has extensive in-house design and manufacturing capabilities, including machining, fabricating, assembly and additive manufacturing (AM). Its operations adhere to stringent aerospace quality management standards and are AS9100D-certified and Nadcap-accredited.
Baker is expected to complement Lincoln Electric’s automation portfolio and its new metal additive manufacturing service business that will launch mid-2019.
Leveraging Lincoln Electric’s core competencies in automation, software development and metallurgy, the new metal AM business will manufacture large-scale 3D printed metal parts, prototypes and tooling for industrial and aerospace customers. Baker Industries, along with a new Cleveland, Ohio-based additive manufacturing development center, will provide an additive manufacturing platform to help customers improve lead times, designs and quality in operations.
“Additive manufacturing is a key strategic growth area in automation, and Baker’s expertise and capabilities will assist in scaling our additive manufacturing services and expand our presence in attractive aerospace and automotive end markets,” says Christopher L. Mapes, chairman, president and CEO of Lincoln Electric.
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