News from ESAB
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We have exciting and very positive news to share with you! Today, we announced that our parent company Colfax Corporation (NYSE: CFX) intends to build on our strategic momentum by separating into two independent and publicly-traded companies—one business will focus on fabrication technologies (ESAB) and the other on specialty medical technologies (MedTech Co. and DJO).
From a leadership perspective, I will continue as CEO of ESAB with our current team. Together, we will continue to strengthen ESAB’s fabrication market leadership. ESAB expects to invest its significant free cash flow into growth-related capital investments, innovation, productivity and strategic acquisitions.
As we address the unique and evolving challenges posed by COVID-19, we’d like to reinforce our commitment to you and share an update on how ESAB is responding.
Team Health First and foremost, the health and safety of our customers and employees continues to be our number one priority. We are monitoring the situation carefully around the world while following guidance from the local government and authorities.
To provide you with additional peace of mind, we are taking the following precautionary measures and appreciate your patience and cooperation as we navigate this unprecedented situation together:
Limiting all non-essential visits to our plants. Increasing daily ...
ESAB Welding & Cutting Products will showcase its Quick Weld Productivity Analyzer (QWPA), an easy-to-use calculator for total weld cost analysis, in booth C12574 at FABTECH 2018, held Nov. 6 – 8 at the Georgia World Congress Center in Atlanta. This online tool can help fabricators see the cost impact of different aspects of production. The QWPA produces calculations for:
Net deposition rate and welding speed per pass after selecting weld process and inputting data, (wire/electrode type, diameter, parameters, joint configuration, joint cross seam area, joint length, number of passes). Weld operation time calculation. A sliding scale for arc-on time/operating factor calculates weld metal ...
ESAB acquires Gas Control Equipment, becomes leading provider of flow control and oxy-fuel solutions
Annapolis Junction, M.D. - ESAB Welding & Cutting Products today announced that it has acquired Gas Control Equipment ("GCE"). With headquarters in Malmö, Sweden, GCE is a leader in European gas equipment, offering full solutions for general industrial, healthcare, high-purity, as well as science and research applications. GCE employs more than 900 people.
"GCE offers industry-leading brands and a rich tradition. GCE businesses have more than 100 years of experience developing, manufacturing and distributing equipment for pressure and flow control of high pressure gases, as well as cutting and welding equipment," says Shyam Kambeyanda, President, ESAB. "The opportunities created by ...
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