Subsidy Tracker Parent Company Summary

Parent Company Name: 
Lincoln Electric Holdings
Ownership Structure: 
publicly traded (ticker symbol LECO)
Headquartered in: 
Ohio
Major Industry: 
industrial equipment
Specific Industry: 
industrial equipment
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$11,712,66425
Federal (grants and allocated tax credits)$2,042,0364
TOTAL$13,754,70029
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$10,300,0007
TOTAL$10,300,0007
Time Period for State and Local Awards: 

Earliest year of data: 1998. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

EASOM AUTOMATION SYSTEMS INC; JW HARRIS; LINCOLN ELECTRIC; RIMROCK; TORCHMATE; WAYNE TRAIL TECH; WOLF ROBOTICS

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Ohio$11,055,19213
Nevada$509,5053
Colorado$123,9675
Alabama$24,0004

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Lincoln Electric Company Ohio state 2012 $9,000,000 tax credit/rebate
The Lincoln Electric Company United States federal 2011 $1,906,036 federal grant
LINCOLN ELECTRIC CO Ohio state 2012 $1,000,000 grant
Torchmate, Inc Nevada state 2012 $287,567 tax credit/rebate
LINCOLN ELECTRIC CO Ohio state 2012 $250,000 grant
Torchmate, Inc Nevada state 2012 $195,797 tax credit/rebate
Wayne Trail Technologies, Inc. Ohio state 2009 $181,444 tax credit/rebate
LINCOLN ELECTRIC CO Ohio state 2013 $127,027 grant
LINCOLN ELECTRIC CO Ohio state 2013 $127,027 training reimbursement
Rimrock Corporation Ohio state 2011 $90,140 tax credit/rebate
LINCOLN ELECTRIC CO Ohio state 2009 $75,000 grant
J W HARRIS CO INC Ohio state 2012 $75,000 grant
LINCOLN ELECTRIC CO Ohio state 2010 $75,000 grant
LINCOLN ELECTRIC CO United States federal 2001 $62,000 federal grant
LINCOLN ELECTRIC CO United States federal 2003 $44,386 federal grant
Wolf Robotics, LLC Colorado state 2014 $41,450 training reimbursement
Wolf Robotics, LLC Colorado state 2011 $36,047 training reimbursement
LINCOLN ELECTRIC CO United States federal 2004 $29,614 federal grant
Torchmate, Inc Nevada state 2012 $26,141 tax credit/rebate
LINCOLN ELECTRIC CO Ohio state 2014 $25,869 grant
Wolf Robotics, LLC Colorado state 2013 $23,760 training reimbursement
WAYNE TRAIL TECHNOLOGIES Ohio state 2010 $22,000 grant
Wolf Robotics, LLC Colorado state 2016 $18,779 training reimbursement
LINCOLN ELECTRIC CO Ohio state 2018 $6,685 grant
The Lincoln Electric Company Alabama state 2013 $6,000 cost reimbursement
The Lincoln Electric Company Alabama state 2013 $6,000 cost reimbursement
The Lincoln Electric Company Alabama state 2013 $6,000 cost reimbursement
The Lincoln Electric Company Alabama state 2013 $6,000 cost reimbursement
Wolf Robotics, LLC Colorado state 2015 $3,931 training reimbursement
Wayne Trail Technologies, Inc. United States federal 2008 $2,000,000 federal loan or loan guarantee
Wayne Trail Technologies, Inc. United States federal 2009 $2,000,000 federal loan or loan guarantee
Easom Automation Systems, Inc. United States federal 2012 $1,800,000 federal loan or loan guarantee
Wayne Trail Technologies, Inc. United States federal 2011 $1,500,000 federal loan or loan guarantee
Wayne Trail Technologies, Inc. United States federal 2012 $1,500,000 federal loan or loan guarantee
Wayne Trail Technologies, Inc. United States federal 2010 $1,000,000 federal loan or loan guarantee
Wayne Trail Technologies, Inc. United States federal 2011 $500,000 federal loan or loan guarantee
EASOM AUTOMATION SYSTEMS INC Michigan local 2004 undisclosed property tax abatement
EASOM AUTOMATION SYSTEMS INC Michigan local 2004 undisclosed property tax abatement
J. W. Harris Co., Inc. Ohio state 1998 undisclosed tax credit/rebate
Rimrock Corporation Ohio state 2004 undisclosed tax credit/rebate
Rimrock Corporation Ohio local 2004 undisclosed tax credit/rebate
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