Airgas, Inc. (NYSE: ARG), Radnor, PA, has acquired Industrial Welding Supplies of Hattiesburg, LLC. Industrial Welding Supplies does business as Nordan Smith, a Hattiesburg, MS-based distributor of industrial, medical, and specialty gases and related supplies. The acquired business, with 17 locations throughout Mississippi, Arkansas, and Alabama, generates annual revenues in excess of $30 million.
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After a transitional period, six of the acquired locations will be integrated into the Mid South region of Airgas USA, LLC, and eleven will be integrated into the South region. The Mid South region serves customers in Oklahoma, Arkansas, Kansas, North Texas, Missouri, Northern Louisiana, Western Tennessee, and Northwest Mississippi, while the South region serves customers in Florida, Georgia, Alabama, Mississippi, and Tennessee.
\”Nordan Smith’s broad range of industrial, medical and specialty gases and the hub production and distribution facility located in Hattiesburg, Mississippi will complement Airgas’ distribution business and continue to provide customers and branches with reliable products and expertise,\” said Michael L. Molinini, Airgas executive vice president and COO.