Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Lincoln Electric Holdings, Inc.    LECO

News SummaryMost relevantAll newsSector newsTweets 

Lincoln Electric : Helps Fabricate Vehicles Used in Action-Packed Need for Speed

share with twitter share with LinkedIn share with facebook
share via e-mail
03/14/2014 | 02:53pm CEST

14 March 2014

Lincoln Electric Helps Fabricate Vehicles Used in Action-Packed Need for Speed

(click photos for high-res image)

Cleveland - Lincoln Electric equipment became an integral part of production for the new Need for Speed movie. Los Angeles fabricator Paul Clarke, contracted by Ghostlight, used a host of Lincoln Electric products to help construct more than 22 vehicles used during filming.

Cars seen on-screen are not the typical models that a consumer would drive off the lot. First, many of the hand-fabricated vehicles are patterned after recognizable high-performance vehicles and supercars. Second, multiple versions of each car are created with numerous adaptations, many unseen, to produce the fast-paced, thrilling scenes that play a substantial role in this movie. These adaptions include a number of camera mounts, fabricated and protected positions for a cameraman, enhanced access for interior shots or even chassis, roll cage or drivetrain modifications designed to allow the car to survive or protect the driver during chases or crashes.

"They wouldn't be able to get the shot they want or the crash they need without the modifications," says Clarke. "We've had to cut floors out of cars, make a roof removable, and pop doors on and off. Sometimes, we even have to cut cars in half. You have to get creative through thoughtful, careful welding and fabricating." 

To achieve the custom vehicles for Need for Speed, Clarke and the Ghostlight team used numerous Lincoln Electric products during the fabrication process, including multiple POWER MIG® welders, a Tomahawk® 375 Air plasma cutting system and a Precision TIG® 375 welder. They also utilized a variety of Red Line™ welding apparel and VIKING™ auto-darkening helmets.

"We're always happy with the results from these machines and their performance," Clarke notes, adding that he appreciates the ergonomic features of Lincoln Electric welding torches or guns when working on quick, tight fabrications. "When you're welding things like roll-cage material, you need to get into some tight areas and weld around existing structures. Lincoln Electric has equipment that is useful for that. There are times when my Lincoln Electric Precision TIG® 375 welder is running around the clock."

Based on the Electronic Arts (EA) video games by the same name, Need for Speed follows an underground racecar driver, played by Aaron Paul from the popular TV show Breaking Bad, as he takes part in a cross-country race - and plots revenge. Recently released after serving prison time for a murder he didn't commit, Paul's character is on a mission to avenge his name and win the race, but he'll have to watch his back with his ex-partner and bounty hunters on his tail.

While not based on a specific edition of the video game, the action-packed movie will focus on high-speed cars and stay true to the spirit of the video game series. Along with Paul, the film will star Michael Keaton, Dominic Cooper from the Captain America movies, Christina Hendricks, known for her role in the hit TV show Mad Men, and British actress Imogen Poots.

Need for Speed, produced by DreamWorks and EA, is in theaters across the U.S. starting on March 14, 2014.

Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market. Headquartered in Cleveland, Ohio, Lincoln has 45 manufacturing locations, including operations and joint ventures in 19 countries and a worldwide network of distributors and sales offices covering more than 160 countries.Company's website.


distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
05/26 LINCOLN ELECTRIC : Promotes steven b. hedlund to lead the international welding ..
05/25 Lincoln Electric Promotes Steven B. Hedlund to Lead the International Weldin..
05/23 LINCOLN ELECTRIC HOLDINGS, INC. (NAS : LECO) Files An 8-K Departure of Directors..
05/23 LINCOLN ELECTRIC HOLDINGS INC : Change in Directors or Principal Officers (form ..
05/02 Lincoln Electric Announces May 2017 Events With the Financial Community
04/29 LINCOLN ELECTRIC : of Euclid to acquire Air Liquide Welding of France
04/28 LINCOLN ELECTRIC : Signs Definitive Agreement to Acquire Air Liquide Welding
04/27 LINCOLN ELECTRIC HOLDINGS INC : Regulation FD Disclosure, Other Events, Financia..
04/27 Lincoln Electric Signs Definitive Agreement to Acquire Air Liquide Welding
04/26 LINCOLN ELECTRIC HOLDINGS, INC. (NAS : LECO) Files An 8-K Departure of Directors..
More news
Sector news : Welding & Soldering Equipment
05/26 SPIRAX SARCO ENGINEERING : Sarco to buy thermal tech firm Chromalox for $415 mil..
05/15 SANDVIK : says not expecting major financial impact from cyber attack
05/15 Desperately short of labor, mid-sized Japanese firms plan to buy robots
05/09 PENTAIR : to spin off its electrical business
05/09 Banks prepare debt financing as IK launches Schenck sale - sources
More sector news : Welding & Soldering Equipment
News from SeekingAlpha
05/06 Air Liquide Adds Value As Lincoln Electric Moves Into Recovery Mode
05/05 IPG Photonics Already Seeing A Strong Recovery
04/28 Lincoln Electric (LECO) Acquires Air Liquide Welding - Slideshow
04/19 Lincoln Electric declares $0.35 dividend
04/18 Lincoln Electric's (LECO) CEO Chris Mapes on Q1 2017 Results - Earnings Call ..
Financials ($)
Sales 2017 2 384 M
EBIT 2017 360 M
Net income 2017 236 M
Debt 2017 156 M
Yield 2017 1,60%
P/E ratio 2017 24,83
P/E ratio 2018 22,24
EV / Sales 2017 2,51x
EV / Sales 2018 2,36x
Capitalization 5 819 M
More Financials
Duration : Period :
Lincoln Electric Holdings, Technical Analysis Chart | LECO | US5339001068 | 4-Traders
Full-screen chart
Technical analysis trends LINCOLN ELECTRIC ...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 13
Average target price 91,1 $
Spread / Average Target 3,0%
Consensus details
EPS Revisions
More Estimates Revisions
Christopher L. Mapes Chairman, President & Chief Executive Officer
Vincent K. Petrella Chief Financial Officer, Treasurer & Executive VP
Thomas Matthews Senior VP-Technology, Research & Development
Michele R. Kuhrt Chief Information Officer & Executive VP
George H. Walls Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ATLAS COPCO AB14.77%42 929
FANUC CORP9.86%40 060
SMC CORP25.77%21 299
More Results