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

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

LINCOLN ELECTRIC HOLDINGS, INC. (LECO)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

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,
06/19LINCOLN ELECTRIC : Single Phase Portable Welding Machine
AQ
06/15LINCOLN ELECTRIC HOLDINGS, INC. : Initiating Free Research Reports on Interface ..
AC
06/07LINCOLN ELECTRIC : 2018 Welding Takes Center Stage at FABTECH Canada 2018
AQ
06/01LINCOLN ELECTRIC : Announces June 2018 Events With the Financial Community
AQ
05/31Lincoln Electric Announces June 2018 Events With the Financial Community
GL
05/12LINCOLN ELECTRIC : New Mobiflex 400-MS Mobile Welding Fume Extractor Offers Filt..
AQ
05/11LINCOLN ELECTRIC : Hubbard Attends American Association of Community Colleges Su..
AQ
05/09LINCOLN ELECTRIC : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION A..
AQ
05/07LINCOLN ELECTRIC HOLDINGS, INC. : Free Post Earnings Research Report: Lincoln El..
AC
05/02LINCOLN ELECTRIC : Announces May 2018 Events with the Financial Community
AQ
More news
News from SeekingAlpha
06/19DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : 3 Reasons You Should Avoid This Dangerous.. 
06/12DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : Why The Stock Market Might Soar 22% In Th.. 
06/04DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : How Warren Buffett's True Secret To Succe.. 
05/28DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : To Get Rich First, You Need To Do One Ver.. 
05/22DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : If You Want To Get Rich, Follow The Data 
Financials ($)
Sales 2018 3 123 M
EBIT 2018 422 M
Net income 2018 302 M
Debt 2018 149 M
Yield 2018 1,71%
P/E ratio 2018 20,03
P/E ratio 2019 17,24
EV / Sales 2018 1,96x
EV / Sales 2019 1,82x
Capitalization 5 963 M
Chart LINCOLN ELECTRIC HOLDINGS,
Duration : Period :
Lincoln Electric Holdings, Technical Analysis Chart | LECO | US5339001068 | 4-Traders
Technical analysis trends LINCOLN ELECTRIC HOLDINGS,
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 105 $
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Christopher L. Mapes Chairman, President & Chief Executive Officer
Vincent K. Petrella Chief Financial Officer, Treasurer & Executive VP
Michele R. Kuhrt Executive VP & Chief Information Officer
David H. Gunning Lead Independent Director
G. Russell Lincoln Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
LINCOLN ELECTRIC HOLDINGS, INC.-0.69%5 963
FANUC CORP-19.11%41 032
ATLAS COPCO AB-0.89%36 161
ROPER TECHNOLOGIES7.15%28 515
SMC CORP-14.19%24 649
INGERSOLL-RAND1.92%22 570