NanoSteel Grants licences out steel coating tech.

NanoSteel has granted Lincoln Electric an exclusive worldwide license to the company’s proprietary 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”, said 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.” NanoSteel will continue to design and market its engineered powders and automotive sheet steel portfolio outside this agreement.
“We are proud to be aligned with a company of Lincoln’s worldwide reach, technology innovation and influence”, said David Paratore, NanoSteel president and CEO. “This agreement reinforces our business focus of licensing our technology to the world’s leading brands to offer global availability of our alloy designs.”

During the transition period, NanoSteel and Lincoln Electric will work together to ensure consistent product availability and customer support.

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