LINCOLN ELECTRIC HOLDINGS INC
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
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Item 2. PROPERTIES
The Company’s corporate headquarters and principal United States manufacturing facilities are located in the Cleveland, Ohio area. Total Cleveland area property consists of 244 acres, of which present manufacturing facilities comprise an area of approximately 3,017,090 square feet.
The Company has 71 manufacturing and automation system integration facilities, including operations and joint ventures across 20 countries, the significant locations (grouped by operating segment) of which are as follows:
| | | |
|---|---|---|
| Americas Welding: | | |
| United States | | Cleveland, Columbus, Coldwater, Fort Loramie, and Orrville, Ohio; Reno, Nevada; Ladson, South Carolina; Chattanooga, Tennessee; Detroit, and Plymouth, Michigan; Fort Collins, Colorado; Bettendorf, Iowa; Michigan City, Indiana. |
| Brazil | | Atibaia; Guarulhos; Caxias do Sul. |
| Canada | | Toronto; Mississauga; Hamilton; Montreal. |
| Colombia | | Bogota. |
| Mexico | | Mexico City; Torreon; Saltillo. |
| International Welding: | | |
| Australia | | Newcastle; Gladstone. |
| Austria | | Scheifling. |
| China | | Tangshan; Shanghai; Beijing. |
| Denmark | | Odense. |
| France | | Partheny. |
| Germany | | Essen; Eisenberg; Frankfurt; Saarbrücken. |
| India | | Chennai; Pune. |
| Italy | | Corsalone. |
| Poland | | Bielawa; Dzierzoniow. |
| Romania | | Buzau. |
| South Korea | | Siheung-si. |
| Spain | | Valencia; Zaragoza. |
| Turkey | | Istanbul. |
| United Kingdom | | Sheffield, England; Port Talbot, Wales. |
| The Harris Products Group: | | |
| United States | | Mason, Ohio; Gainesville, Georgia; Winston Salem, North Carolina; Gordonsville, and Carthage, Tennessee. |
| Brazil | | Maua. |
| Italy | | Verona. |
| Mexico | | Guadalupe. |
| Poland | | Dzierzoniow. |
| Portugal | | Albergaria-a-Velha. |
All properties relating to the Company’s Cleveland, Ohio headquarters and manufacturing facilities are owned by the Company. Most of the Company’s foreign subsidiaries own manufacturing facilities in the country where they are located. The Company believes that its existing properties are in good condition and are suitable for the conduct of its business. In May 2024, the Company disposed of its Russian entity and completed its exit from the Russian market.
In addition, the Company maintains operating leases for some manufacturing facilities, distribution centers and sales offices throughout the world. Refer to Note 17 to the consolidated financial statements for information regarding the Company’s lease commitments.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.