wiredInUSA - September 2011
34
wiredInUSA - September 2011
35
Lincoln Electric Holdings has acquired the welding
operation assets of Techalloy Company, Inc and of
its parent company, Central Wire Industries Ltd.
Known commercially as Techalloy, the Baltimore,
Maryland-based manufacturer is a privately-held
producer of nickel alloy and stainless steel welding
consumables.
Central Wire Industries manufactures a wide range
of stainless steel wire, nickel alloy and copper alloy
wire for use in the manufacturing of springs,
fasteners, screens and belts.
“The addition of Techalloy expands our product
portfolio of high alloy consumables required
to service customers in North America and around
the world,” said John M Stropki, chairman and CEO.
“In particular, Techalloy’s nickel alloy welding
consumables are positioned well globally in the high
growth energy and infrastructure segments
of our business.
“We expect growth in these segments to continue
worldwide, and believe the Techalloy product line
will help expand and deepen our relationships with
these key customers.”
Techalloy, acquired by Central Wire in 2005, has
been manufacturing stainless steel and nickel base
welding wires and coated electrodes and select
low-alloy wires for over 50 years. The company
has annual sales of approximately $70 million
and employs 55 people.
Lincoln Electric
acquires
Techalloy
Universities
in Mississippi are
to benefit from
a new fiber cable
broadband network.
Known as Mission,
a number of
regional institutions,
including the
University of
Mississippi, Mississippi
State University
and The University of
Southern Mississippi,
will access the new
research network.
The broadband
infrastructure,
owned by US
telecommunications
group AT&T, is
already in place,
allowing the
institutions to increase
broadband capacity
twenty-fold and
further their research
initiatives.
“This network will trans-
form our universities’
research capabilities
and academic
competitiveness on a
global scale,” Governor
Haley Barbour said.
“This will have
tremendous impact
on Mississippi.”
Ms Barbour added
that, if the universities
have developed
the new network
themselves, it would
have cost them an
extra $54 million
(£32.7 million) to do so.
Other state facilities
to benefit from the
network include
Jackson State
University,
The University of
Mississippi Medical
Centre, the State
Department of
Information and
Technology, the Army
Corps of Engineers
and the Stennis Space
Centre.
Universities
to access
fiber optic
broadband
