Esab Corporation
A global maker of welding and cutting equipment, consumables, gas control systems, and robotics, ESAB supplies the tools that hold ships, buildings, and machinery together for customers in roughly 150 countries. Founded in 1904 in Gothenburg, Sweden, by ship engineer Oscar Kjellberg—who invented the world's first coated welding electrode—the name is short for Elektriska Svetsnings-Aktiebolaget, literally "Electric Welding Limited Company." After decades under other owners, it became its own publicly traded company in 2022.