Acquisition is the latest in a series of investments in Russia.
Latest In Gases & Welding Equipment
Spectrum is the marketing arm of Gray Industrial Supply.
Voltaix materials are used in the production of semiconductor devices.
Increased distribution expense, among other factors, has contributed to rising costs.
The acquisition of Dominion expands Praxair’s ability to serve the global offshore oil and gas markets.
Fifteen-year veteran Mike Rohde will retire.
Fourth-quarter organic sales were flat to the prior-year quarter.
The company reported a profit for the quarter, compared to a year-ago loss.
Sales growth for the manufacturer of industrial and specialty gases driven by Asia and South America.
Organic sales fell 2 percent for the manufacturer of specialty gases.
Airgas named new presidents for its West division and Intermountain region.
Acquisition strengthens Praxair’s position in the Cincinnati and Louisville area.
Airgas’ executive chairman says company still believes a U.S. manufacturing renaissance is on the horizon.
Before joining Airgas in 2004, William Sanborn was a district sales manager for Grainger Industrial Supply.
The Houston-area plant will replace Airgas’ Deer Park plant.
NuCO2 provides beverage carbonation systems to restaurants and the hospitality industry in the U.S.
Decreased materials and energy costs due to the low cost of gas may draw manufacturers back to the U.S.
Profit for the industrial and specialty gases company climbed 14 percent over the same period a year ago.
Sales in North America were up 2 percent from the prior-year period.
Equipment and Energy sales had the highest year-over-year increase, at 19 percent.
