Lincoln Electric Co. has signed an agreement with The NanoSteel Co. that provides Lincoln with an exclusive worldwide license for NanoSteel’s steel coatings technology for weld overlay and thermal spray applications.
This agreement expands Lincoln Electric’s range of wear-resistant products, which complement the company’s core arc welding, cutting and automation solutions.
“We are pleased to add NanoSteel’s breakthrough technology to our product portfolio,” says Tom Matthews, senior vice president of technology and R&D for Lincoln Electric. “These unique products provide a level of hardness and abrasion resistance that is superior to chrome carbides and more economical than tungsten carbides. NanoSteel’s proprietary technology enables customers to significantly extend the service life of equipment used in mining, oil and gas, power generation and other industries.”
For more than 12 years, NanoSteel has developed innovative iron-based alloys in various forms to advance steel’s capabilities in multiple markets. The company will continue to develop and market its engineered powders and automotive sheet steel portfolio outside this agreement.