Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

Delayed Quote. Delayed  - 09/28 10:00:00 pm
62.94 USD   +2.13%
09/28 LINCOLN ELECTRI : ex-dividend day
09/19 LINCOLN ELECTRI : Promotes three executives in the americas welding ..
09/19 LINCOLN ELECTRI : Small to Medium Shops Can Save on Lincoln Electric..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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
0
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
0
Latest news on LINCOLN ELECTRIC HOLDINGS,
09/28 LINCOLN ELECTRIC HOLDINGS, INC. : ex-dividend day
09/19 LINCOLN ELECTRIC : Promotes three executives in the americas welding segment
09/19 LINCOLN ELECTRIC : Small to Medium Shops Can Save on Lincoln Electric’s Mo..
09/08 LINCOLN ELECTRIC : Global Plasma Cutter Market 2016 - Lincoln Electric, Hobart, ..
09/06 LINCOLN ELECTRIC : Easom Automation, Lincoln Electric Introduce H-Frame, Automat..
08/29 LINCOLN ELECTRIC : Wolf Robotics, Lincoln Electric Advance Robotic Metal-Additiv..
08/11 LINCOLN ELECTRIC : and Partners Awarded Funding for Joint AM/3D-Printing Product..
08/11 LINCOLN ELECTRIC : Promotes two executives
08/09 Lincoln Electric Promotes Two Executives
07/28 LINCOLN ELECTRIC : Announces Limited-Time Free Warranty Extension on Select New ..
More news
Sector news : Welding & Soldering Equipment
09/22 Third Point's Loeb - BOJ move will be 'positive' for markets
09/06DJDanaher to Buy Diagnostics Company Cepheid for $4 Billion
09/06DJDANAHER : To Buy Diagnostics Company Cepheid for $4 Billion
08/31DJTE Connectivity Taps IDEX's Mitts as CFO
08/31 EU crackdown on multinational tax deals
More sector news : Welding & Soldering Equipment
News from SeekingAlpha
09/15 The Robots Are Coming! Industrial Robotics Overview
08/09 Lincoln Electric Nearing The Bottom, But The Market Has Responded
07/25 Lincoln Electric Holdings (LECO) Christopher L. Mapes on Q2 2016 Results - Ea..
07/25 Lincoln Electric Holdings, Inc. 2016 Q2 - Results - Earnings Call Slides
07/25 More on Lincoln Electric's Q2
Advertisement
Financials ($)
Sales 2016 2 286 M
EBIT 2016 317 M
Net income 2016 215 M
Debt 2016 70,2 M
Yield 2016 2,11%
P/E ratio 2016 20,01
P/E ratio 2017 16,94
EV / Sales 2016 1,85x
EV / Sales 2017 1,78x
Capitalization 4 167 M
More Financials
Chart LINCOLN ELECTRIC HOLDINGS,
Duration : Period :
Lincoln Electric Holdings, Technical Analysis Chart | LECO | US5339001068 | 4-Traders
Full-screen chart
Technical analysis trends LINCOLN ELECTRIC ...
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 68,2 $
Spread / Average Target 10%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Christopher L. Mapes Chairman, President & Chief Executive Officer
Vincent K. Petrella Chief Financial Officer, Treasurer & Executive VP
Thomas Matthews Senior VP-Technology, Research & Development
Gabriel Bruno EVP, Chief Information & Human Resources Officer
George H. Walls Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
LINCOLN ELECTRIC HOLDI..19.39%4 138
DANAHER CORPORATION8.84%52 895
ATLAS COPCO AB21.64%35 441
FANUC CORP-18.95%34 192
SMC CORP-8.90%19 182
STANLEY BLACK & DECKER..14.54%18 186
More Results