Lincoln Electric Upgrades Indalco Alloys Aluminum Wire Rod Mill
TORONTO, August 29, 2008 -- The Lincoln Electric Company announced today the successful completion of the modernization of the Continuous Cast Aluminum Rod Mill at its Canadian subsidiary, Indalco Alloys Inc., the world's only fully integrated aluminum welding wire producer.
The multi-million dollar modernization was conducted by CONTINUUS-PROPERZI, an Italy-based designer and manufacturer of rod production lines. It is a tangible example of the Lincoln Electric commitment to provide superior quality rod for the manufacture of premium quality aluminum welding wires. The upgrade of the Continuous Cast Rod Mill applied the latest technology to the Company's casting process. The modernization also included the upgrade of the electrical controls and user interface via continuous line data from the rod mill.
In making the announcement today, Joseph G. Doria, President and Chief Executive Officer of Lincoln Electric Company of Canada, said, "This new generation rod mill demonstrates Lincoln Electric's commitment to continuous improvement in its processes and to serving our customers with the latest and best technology, while providing stability of supply which is so important these days with so many global supply chain issues."
Located in Mississauga, Ontario, adjacent to Toronto, Indalco is an ISO 9001 and ISO 14001 certified company and one of the major global manufacturers and processors of high alloy aluminum rod and welding wire.
The Lincoln Electric Company is a subsidiary of Lincoln Electric Holdings, Inc. (Nasdaq: LECO), the world leader in the design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment. The Company also has a leading global position in the brazing and soldering alloys market. Headquartered in Cleveland, Ohio, Lincoln has 38 manufacturing locations, including operations, manufacturing alliances and joint ventures in 20 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric, its products and services, visit the Company's Web site at www.lincolnelectric.com.
