Air Liquide invests $150 million to expand Airgas' Tennessee facility, also supplying oxygen for LG Chem's battery plant.
Latest In Air Liquide
That geographic segment includes gases and welding products distributor Airgas, which was No. 5 on MDM’s Top Industrial Distributors List.
The company said it will open the new center in Henderson to serve customers and retail branches in Western U.S. states.
The company said this year it will broaden its High School Welding Education Initiative, which includes 16 new schools.
For the first six months, the company’s gas and services segment — its largest, by far — grew 8% to US$12.3 billion.
Airgas said the program builds long-term relationships with local education leaders and Airgas welding and safety experts.
Air Liquide’s new investment coincides with a long-term supply agreement to serve Eastman Chemical Co. in the U.S.
Industrial gases distributor expands national network with purchase of large independent company.
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Distributor says it will build new air separation units to support customers in the Midwest and Northeast.
For the first six months, sales were down 1.3 percent year-over-year.
The two facilities will increase the companys merchant gas capabilities in the state.
The new facility is expected to be on-stream in 2019.
The acquisition strengthens Air Liquide's footprint in Japan.
Both parties expect the transaction to be completed in 2017.
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Opportunities expected as Praxair, Linde finalize merger.
For the first six months, sales were up 28.4 percent year-over-year.
Company to buy Air Liquide division for $125 million.
Strong growth reflects group's new scale resulting from the acquisition of Airgas.
New dedicated brand will focus on healthcare and life sciences markets.
