Lincoln Electric Acquires Rimrock Holdings
Lincoln Electric Holdings Inc. acquired Rimrock Holdings Corp., a privately held manufacturer and integrator of industrial automation products and robotic systems with two divisions, Rimrock Corp. and Wolf Robotics LLC. Rimrock Corp. designs and manufactures automated spray systems and turnkey robotic systems for the forging, foundry and die-casting markets. Wolf Robotics integrates robotic welding and cutting systems predominately for heavy fabrication and transportation OEMs and suppliers. According to Cleveland, Ohio-based Lincoln Electric, the deal extends its leadership position in automated welding and cutting.