January 3, 2008

Airgas Buys Pima Welding Supply

Companies, Finance, Free, Gases & Welding Equipment, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors / MDM Staff

Airgas, Inc., Radnor, PA, has acquired Pima Welding Supply, Inc., an industrial gas and welding supply distributor in Tucson, AZ. The business has been integrated into Airgas West, one of the regional companies within Airgas.

Pima, which had annual sales of nearly $5 million in the 12 months ended June 30, 2007, provides Airgas West with an industrial cylinder fill plant that will help improve service to customers in the Tucson area. The second location, a retail store, will provide a presence on the north side of Tucson.

Airgas is a U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies, safety products, nitrous oxide and dry ice, liquid carbon dioxide, process chemicals, refrigerants and …

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Barnes Aerospace Enters Revenue Sharing Program with GE

Companies, Finance, Free, Mergers & Acquisitions, News, Subscriber Only / MDM Staff

Barnes Aerospace, a business segment of Barnes Group Inc., has entered into a new aftermarket Revenue Sharing Program Agreement with General Electric Company. Similar to Barnes Aerospace’s other aftermarket RSPs that provide the exclusive right to supply designated aftermarket parts to GE for the life of the related engine program, this agreement relates to spare parts for the CFM56 and CF6 engine families.

Revenue Sharing Programs are excellent complements to our aftermarket maintenance, repair and overhaul operations and strengthen our portfolio across the stages of an engine’s life cycle,”said Gregory F. Milzcik, President and Chief Executive Officer, Barnes Group Inc.

The CFM56 engine powers short-, medium- and long-range aircraft. Twelve different …

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A.M. Castle Expands in the UK

Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors / MDM Staff

A. M. Castle &Co., Franklin Park, IL, distributor of specialty metal and plastic products, has acquired Metals UK Group, a distributor and processor of specialty metals primarily serving the Oil and Gas, Aerospace, Petrochemical and Power Generation markets worldwide.

Metals UK Group has four processing facilities; two in Blackburn, England, including its headquarters, one in Hoddesdon North East of London and one in Bilbao, Spain. Metals UK Group reported revenues of $72 million for fiscal year 2007.

Sales outside of the UK comprise 25% of the company’s revenues and include customers in 36 countries throughout Europe, Asia, Australasia and the Americas.

Metals UK Group is complementary to our existing North American operations and provides an …

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Pro-Build Grows in Florida

Building Materials/Construction, Companies, Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors / MDM Staff

Pro-Build Holdings, Denver, CO, has acquired Granger Lumber-Hardware Inc., Jacksonville, FL, according to the Jacksonville Business Journal. The company has two locations and sells lumber, millwork and roof trusses to contractors and remodelers.

Pro-Build added 13 locations in Florida in 2007, according to the …

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January 3, 2008

Airgas Buys Pima Welding Supply

Barnes Aerospace Enters Revenue Sharing Program with GE

A.M. Castle Expands in the UK

Pro-Build Grows in Florida

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