Frost and Sullivan, a global research and growth consulting firm, has honoured Lincoln Electric with a Customer Value Enhancement Award for best practices in the world pipeline industry related to welding equipment and consumables. This award recognizes companies that address and meet the key challenges in their respective industry. According to Frost and Sullivan’s CEO 360 Degree Perspective research, Lincoln Electric has developed valuable relationships with engineering, procurement and construction company contractors, provides other value-added services, including technical expertise and competitive pricing. Additionally, Lincoln Electric’s longtime devotion to research and development of welding equipment and consumables sets the company apart as an innovator in the industry. Other strengths that have earned Lincoln Electric this designation include continuous upgrades of its existing product portfolio, a wide distribution network, a unique growth strategy and strong customer support, as well as an increasing market share.