Lincoln Electric Holdings Inc at Morgan Stanley Laguna Conference Transcript
All right. Perfect. Good afternoon, everybody. Thanks for joining me. My name is Angel Castillo, I'm the machinery analyst here at Morgan Stanley. Pleased to welcome here Lincoln Electric. We have Gabe Bruno, EVP and CFO of Lincoln. So thank you for joining us.
Thank you, Angel, for having us. And also thank you for your interest in Lincoln Electric.
Questions & Answers
Perfect. So listen, we'll dive right in. I guess, we'll start a little bit more higher level. I think as you think about Lincoln and how it's maybe changed over the years, 1 particular shift is you -- typically considered a short-cycle company, right, your consumables business. But automation and the growth that you've seen in that business, particularly most recently with Fori, you have a little bit more of a longer-term look with that backlog and
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