Lincoln Electric acquires Vanair Manufacturing

Lincoln Electric acquired Vanair Manufacturing, a manufacturer of truck-mounted air compressors, generators, welders, and mobile EV chargers, for a net purchase price of $116 million. Vanair is based in Michigan City, Indiana.

“Vanair is renowned for their leading high-quality manufacturing, innovation, and engineering expertise in the fast-growing maintenance and repair service truck market”equipmentworld.com

• 1 source
• equipmentworld.comAir Compressor Manufacturer Vanair Bought by Lincoln ElectricDon McLoudAug 16, 2024

Summarized from public sources; check the original articles before acting on it.