ESAB Group is one of the world's largest manufacturers of welding and cutting equipment, and related consumables and automation systems used in gas and electric welding. Its products include welding electrodes, cored and solid wires, and fluxes. ESAB serves customers in the automotive, construction, fabrication, mining, power generation, and shipbuilding industries. Elektriska Svetsnings-Aktiebolaget (ESAB) was established in 1904 in Sweden; it operates more than 25 facilities worldwide and is owned by fluid products maker Colfax.