Acquisition Strengthens New Metal AM Business
Lincoln Electric Holdings Inc. acquired Baker Industries Inc. and related assets. Detroit, Mich.-based Baker will complement Lincoln Electric’s automation portfolio and its new metal additive-manufacturing (AM) service business that will launch in mid-2019. Leveraging Lincoln Electric’s core competencies in automation, software development and metallurgy, the metal AM business will manufacture large-scale printed metal parts, prototypes and tooling for industrial and aerospace customers. The Baker operation, along with a new Cleveland-based AM development center, will provide an AM platform to help customers improve their lead times, designs and quality in their operations.
Baker is a privately held provider of custom tooling, parts and fixtures primarily serving the automotive and aerospace markets. The company has extensive in-house design and manufacturing capabilities, including machining, fabricating, assembly and additive manufacturing. Their operations are AS9100D certified and Nadcap accredited.