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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 Summary | Subsidy Value | Number of Awards |
| State/Local | $12,085,349 | 28 |
| Federal (grants and allocated tax credits) | $2,042,036 | 4 |
| TOTAL | $14,127,385 | 32 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $10,300,000 | 7 |
| TOTAL | $10,300,000 | 7 |
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.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Ohio | $11,379,877 | 15 |
| Nevada | $509,505 | 3 |
| Colorado | $171,967 | 6 |
| Alabama | $24,000 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  . | 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 |
| Wayne Trail Technologies Inc | Ohio | state | 2017 | $318,000 | | tax credit/rebate |
| 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 |
| Wolf Robotics, LLC | Colorado | state | 2017 | $48,000 | | training reimbursement |
| 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 |
| 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 |
| Wayne Trail Technologies, Inc. | Ohio | state | 2017 | undisclosed | | enterprise zone |
