Lincoln Electric Holding announced today acquiring substantially all of the assets of Applied Robotics, the leading manufacturer of CNC cutting tables and accessories in North America.
Torchmate offers a wide selection of CNC plasma and oxyfuel cutting tables and systems to small and medium- sized fabricators. The company's trailing twelve months of sales are approximately $13 million, and Torchmate currently employs 44 people.
Lincoln Electric is the global leader in the design, development and manufacture of arc welding products, oxyfue cutting machinery.www.herostart.com. ,and has a leading global position in the brazing and soldering alloys market.
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