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James F. Lincoln

Lincoln Electric Company

1928 - 1954

Fabricated Goods

1920 b. 1883
Born-Died1883 - 1965
BirthplaceOhio (OH)
FatherNon-Profit / Other
Era - 1920

Lincoln, as president of the world’s largest producer of welding equipment, pioneered the incentive wage system. Lincoln’s “Incentive System” rewarded workers according to their productive capacity and made the company the lowest cost producer in its field. Its employees were the highest paid industrial workers in the world.