{"id":68131,"date":"2019-07-29T12:52:58","date_gmt":"2019-07-29T04:52:58","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/lincoln-electric-acquires-baker-industries-for-additive-manufacturing-business-launch.3dm"},"modified":"2019-07-29T12:52:58","modified_gmt":"2019-07-29T04:52:58","slug":"lincoln-electric-acquires-baker-industries-for-additive-manufacturing-business-launch","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/lincoln-electric-acquires-baker-industries-for-additive-manufacturing-business-launch\/","title":{"rendered":"Lincoln Electric acquires Baker Industries for additive manufacturing business launch"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p>Lincoln Electric Holdings, Inc. (NASDAQ: LECO), an American multinational manufacturer of welding products has confirmed its intent to launch a metal additive manufacturing service in mid-2019. On April 1, 2019, Lincoln Electric acquired Michigan-based tooling supplier Baker Industries, Inc. that provides polymer and metal additive manufacturing capabilities, alongside traditional machining and fabrication.<\/p>\n<p>Commenting on the acquisition Christopher L. Mapes, Chairman, President and CEO of Lincoln Electric, said, \u201cWe are pleased to welcome Baker Industries to Lincoln Electric and to our automation portfolio\u2019s new additive manufacturing platform.&#8221;<\/p>\n<blockquote>\n<p>&#8220;Additive manufacturing is a key strategic growth area in automation, and Baker\u2019s expertise and capabilities will assist in scaling our additive manufacturing services and expand our presence in attractive aerospace and automotive end markets.&#8221;<\/p>\n<\/blockquote>\n<p><strong>Almost three decades of tooling expertise <\/strong><\/p>\n<p>Founded in 1992 as Baker Duplicating, Baker Industries is a specialized tooling supplier for Tier-1 aerospace providers and automotive OEMs. From humble beginnings using second-hand machines, the company has grown its services and sites covering 4 locations within the U.S., and the gamut of production requirements from part design through to quality assurance.<\/p>\n<p>The company&#8217;s 3D printing capabilities are fulfilled by a fleet of Stratasys 900MC 3D printed, a Fortus 400MC and two EOS M290 DMLS systems.<\/p>\n<figure id=\"attachment_152782\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-152782\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/C58XF6gWQAExqfv-1024x768.jpg\" alt=\"Inside the 3D printing lab at Baker Industries. Photo via Baker Industries\" width=\"1024\" height=\"768\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/C58XF6gWQAExqfv-1024x768.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/C58XF6gWQAExqfv-770x578.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/C58XF6gWQAExqfv-200x150.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/C58XF6gWQAExqfv-500x375.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/C58XF6gWQAExqfv.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Inside the 3D printing lab at Baker Industries. Photo via Baker Industries<\/figcaption><\/figure>\n<p><strong>Large scale 3D printing as a service<\/strong><\/p>\n<p>Lincoln Electric is headquartered in Cleveland, Ohio, and has 60 manufacturing locations, across 19 countries. The company specializes in the development and manufacture of arc welding systems and plasma cutting equipment, including a range of automation equipment. The new additive manufacturing service to be offered by the company later this year will expand Lincoln Electric&#8217;s automation expertise, and leverage core competencies in software development and metallurgy.<\/p>\n<p>Alongside Baker, Lincoln Electrics&#8217; additive manufacturing service will be supported by a new a new additive manufacturing development center in Cleveland. The company also says that its services will be capable of producing large-scale metal parts, with the use of a robotic arm.<\/p>\n<figure id=\"attachment_152780\" style=\"width: 605px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-152780\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/lincoln-electric-additive-manufacturing.jpg\" alt=\"Lincoln Electric automated additive manufacturing. Photo via Lincoln Electric\" width=\"605\" height=\"783\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/lincoln-electric-additive-manufacturing.jpg 605w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/lincoln-electric-additive-manufacturing-200x259.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/lincoln-electric-additive-manufacturing-386x500.jpg 386w\" sizes=\"(max-width: 605px) 100vw, 605px\" \/><figcaption class=\"wp-caption-text\">Lincoln Electric automated additive manufacturing. Photo via Lincoln Electric<\/figcaption><\/figure>\n<p><b>Traditional<\/b><strong> welding meets additive manufacturing <\/strong><\/p>\n<p>This is not the first time a traditional welding company will have entered additive manufacturing. One notable convert is Chicago&#8217;s Sciaky Inc. which specializes in electron beam welding and additive manufacturing. Wire + Arc Additive Manufacturing (WAAM), as provided by WAAM3D, is also derived from traditional welding processes.<\/p>\n<p>Full terms of the Lincoln Electric&#8217;s acquisition of Baker Industries remain undisclosed. With the addition of Baker Industries however, Lincoln Electric\u2019s automation revenue is approximately $500 million in annualized sales. Recently, for FY2018, Lincoln Electric reported a net income of $287.1 million. Previously, the company also contributed capital to the $12.9 million series B financing of Boston metal 3D printer developer Digital Alloys.<\/p>\n<p><em>Voting is now open for the 2019 <a href=\"\/service\/3d-printing\"> Industry Awards<\/a>. <\/em><i>For all of the latest additive manufacturing business news subscribe to the <\/i><i><a href=\"\/service\/3d-printing\"> Industry newsletter<\/i><i>, follow us on <\/i><i>Twitter<\/i><i> and like us on <\/i><i>Facebook<\/i>.<\/p>\n<p><em> <\/em><em>Looking to hire additive manufacturing experts? Advertise through <a href=\"\/service\/3d-printing\"> Jobs<\/a> to reach our highly specialized talent pool.<\/em><\/p>\n<p><em>Featured image shows HyperFill\u2122 high deposition welding at Lincoln Electric. Photo via Lincoln Electric<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lincoln Electric Holdings, Inc. (NASDAQ: LECO), an American multinational manufacturer of welding products has confirmed its intent to launch a metal additive manufacturing service in mid-2019. On April 1, 2019, Lincoln Electric acquired Michigan-based tooling supplier Baker Industries, Inc. that provides polymer and metal additive manufacturing capabilities, alongside traditional machining and fabrication. Commenting on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182374,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/04\/C58XF6gWQAExqfv-1024x768.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,64,173,158],"class_list":["post-68131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-aerospace","tag-business","tag-space"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lincoln Electric acquires Baker Industries for additive manufacturing business launch - FacFox News<\/title>\n<meta name=\"description\" content=\"Lincoln Electric Holdings, Inc. 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