Lincoln Electric Holdings is suing a former employee for allegedly stealing the company’s trade secrets then trying to use them to help a Chinese competitor enter the U.S. market.
In a suit filed Oct. 15 in the U.S. District Court (www.ohnd.uscourts.gov) in Cleveland, Lincoln Electric Holdings said that a former marketing and sales employee attempted to help Ningbo Longxing Group Co. of China to enter the U.S. market for welding products, and violated a non-compete agreement he had with Lincoln Electric.
