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2005 Revenue for Largest Competitors in $13 Billion Welding Market

2005 Revenue for Largest Competitors in $13 Billion Welding Market. Lincoln Electric’s main competitors are ESAB (European based company) and ITW (Illinois Tool Works). Lincoln Electric also owns assets in Air Liquide , the fourth largest competitor in the market.

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2005 Revenue for Largest Competitors in $13 Billion Welding Market

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  1. 2005 Revenue for Largest Competitors in $13 Billion Welding Market • Lincoln Electric’s main competitors are ESAB (European based company) and ITW (Illinois Tool Works). • Lincoln Electric also owns assets in Air Liquide, the fourth largest competitor in the market. • Total revenue is important, but the total net income far more important.

  2. Industry Benchmarkand Competitors • Note: ITW and EASB earned $1.3 billion, while Lincoln Electric earned $1.6 billion. • In 2005, ESAB gain more capital from investor causing higher ROE. A huge increase of £123.6 million.

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