The deal, which still must be approved by Linde’s board of directors and federal regulators, could close sometime later this year.
Latest In Gases & Welding Equipment
Alpine’s single location will be consolidated into Holston’s facility in Carrolton.
Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.
MDM’s quarterly survey in partnership with investment banking firm Baird reveals that distributor revenues decelerated sharply in 2Q but not as bad as feared at the beginning of the pandemic shutdown. One consensus among more than 550 participants: Distributors began rethinking the way they manage talent.
The company has announced a strategic investment of $49 million to build the new facility in Connecticut.
The partnership will enable the companies to produce commercially available software products for license to help other oil field operators and service companies.
The facility will provide local access to Emersons portfolio of automation solutions.
Distributor launches new gases plant in Geismar, LA, increasing service to local customers.
Distributor to expand production capacity at its Neosho, MO, air separation plant.
Industrial gases distributor expands national network with purchase of large independent company.
Praxair expands in Nevada; Air Products launches joint investments in Algeria.
Industrial gases distributor to replace 35-year-old air separation units to support specialty chemical makers Kingsport, TN, facility.
Distributor to raise pricing for liquid and bulk industrial gases, effective October 1.
Distributor expands turboexpander capabilities, creates new business division.
Purchase extends distributors coverage to Houston area, continues regional expansion strategy.
For the first six months, sales were down 1.3 percent year-over-year.
