Airgas, Inc., Radnor, PA, has acquired Wright Welding Supply, Inc., an industrial gas and welding supply distributor in Des Moines, IA, and two other distributors in Texas and British Columbia. Together, the three transactions add $22 million in acquired annual sales.
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Wright Welding Supply, Inc. operates in Iowa and eastern Nebraska from five locations in Des Moines, Fort Dodge, Oskaloosa, and Council Bluffs, IA; and Omaha, NE, with an industrial and specialty gas fill plant in Des Moines. The operations, with about 40 employees, have been integrated into Airgas North Central, one of the regional companies within Airgas.
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In Texas, Airgas has acquired Basin Welding Supply in Odessa, TX. Basin’s new fill plant in Odessa, which opened in February 2007, will …
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Airgas, Inc., Radnor, PA, has acquired Central Welding Supply Inc., an industrial packaged gas distributor with three locations south of Dallas, TX.  ; Also effective Nov. 1, 2007, it has acquired Texas Industrial Gas Inc., with one location in Houston, TX.
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Both acquired businesses, which generated nearly $6 million in revenues in calendar 2006, have been integrated with Airgas Southwest, one of the regional companies within Airgas. The transactions bring the total number of acquisitions by Airgas in fiscal 2008 to 10, with acquired annual sales of $400 million.
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Airgas Inc. is a U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. Airgas is also a distributor of safety products, a producer …
Airgas, Inc., Radnor, PA, distributor of industrial, medical, and specialty gases, and welding, safety, and related products, reported sales in its second quarter 2007 ended Sept. 30, were up 27% to $1 billion. One quarter of the acquisition of Linde’s packaged gas operations accounted for up to half of that increase.
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Total same-store sales were up 6%, with hardgoods up 7% and gas and rent up 5%.
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Profit was up 28% to $51 million.
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Airgas, Inc., Radnor, PA, has acquired Dantack Corporation, a Grand Prairie, TX-based safety distributor with branches in Columbus, OH, and Richmond, VA. The business generated more than $18 million in sales in 2006.
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The operations will be managed by Airgas Southwest, one of the Airgas regional companies, as a stand-alone business for the first few months. Later, operations in Ohio and Virginia will transition to other Airgas regions.
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Airgas’ safety distribution business generated $438 million in sales in fiscal 2007 through telesales and field-based safety specialists within its regional companies.
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Dantack’s extensive local coverage throughout Texas, combined with its national accounts program, makes it a great strategic fit for Airgas,” said …
Airgas, Inc., Radnor, PA, has acquired Gartech Refrigerant Reclamation Center, Inc., with locations in Garland, TX, and Oklahoma City, OK.
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Airgas Specialty Products, in the distribution of industrial ammonia, process chemicals, and refrigerants, has integrated Gartech’s operations, which generated almost $2 million in revenue in 2006.
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Airgas, Inc. is a distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. It has more than 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers in the …
Airgas, Inc., Radnor, PA, U.S. distributor of industrial, medical, and specialty gases, welding, safety, and related products, reported sales increased 18% in its first quarter ended June 30, 2007. Sales were $915 million. Profit was up 34%.
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Acquisitions accounted for 11% of the first-quarter sales growth. Same-store sales increased 7%, with hardgoods up 6% and rent up 8%.
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We had an outstanding quarter. We continue to see good growth in non-residential construction and energy markets, and our strategic products are also performing well,” said Airgas CEO Peter …
Airgas, Inc., Radnor, PA, has acquired Lehner & Martin, Inc, a Santa Ana, CA-based industrial gas and welding supply distributor with branches in Placentia, Gardena, and Chino, CA. L & M had sales of more than $13 million in the fiscal year ended March 31, 2007.
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The operations have been integrated into Airgas West, one of the regional companies that make up Airgas’ distribution business.
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The transaction was the fifth acquisition completed since the start of Airgas’ fiscal 2008 on April 1, 2007, with acquired sales now topping $378 million, including the Linde U.S. packaged gas acquisition announced earlier.
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Airgas, Inc. is a U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. …
Airgas, Inc., Radnor, PA, has acquired the aqua ammonia operations of Continental Nitrogen & Resources in Rosemount, MN, which had more than $2 million in revenues in 2006.
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The business will be integrated into Airgas Specialty Products, a leading national distributor of ammonia products and services, various process chemicals, and refrigerants.   ; Other operations of CNR were not included.
This acquisition is in line with our strategy to expand our aqua ammonia business and capabilities and serve our growing customer base across the U.S.,” said Chuck Broadus, president of Airgas Specialty Products, Duluth, GA.
Airgas Specialty Products has 24 locations nationwide for distribution of anhydrous ammonia and aqua ammonia products and services and …
Airgas, Inc., Radnor, PA, distributor of industrial, medical, and specialty gases, welding, safety, and related products, reported sales in the fourth quarter ended March 31, 2007, were up 14% to $854 million. Acquisitions accounted for 9% of the growth. Same-store sales increased 5%, with hardgoods up 6% and gas and rent up 5%.
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Sales in fiscal 2007 increased 13% to $3.2 billion, with same-store sales growth of 8%.
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We capped the most successful year for acquisitions in our 25-year history. The quarter included the acquisition of CFC Refimax in January and the March 9 acquisition of Linde’s divested bulk gas business, bringing our year-end total to 13 acquisitions with more than $335 million in acquired revenue,” said Airgas Chairman and CEO Peter …
Airgas, Inc., Radnor, PA,   ; has agreed to buy a significant part of the U.S. packaged gas business of Linde AG for $310 million in cash.
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The operations to be acquired include branches, warehouses, packaged gas fill plants, and other operations involved in distributing packaged industrial and specialty gases and related equipment. The business includes 130 locations in 18 states, with more than 1,400 employees, which generated $346 million in revenues and $36 million in EBITDA in the year ended Dec. 31, 2006.  ; About 50% of the revenues were from gas sales and cylinder rent, with the remainder from sales of welding equipment and supplies.
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The proposed acquisition would be positive for customers, associates, and shareholders,” said Airgas Chairman …
Higher electricity and energy prices, as well as metals prices, have led Airgas, Inc., Radnor, PA, to increase prices on packaged and bulk gases, and other products.
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We are facing rising costs, even though the escalation of the past year has moderated, said Airgas Chairman and CEO Peter McCausland.
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Prices will increase, on average:
10%-15% for packaged and bulk industrial gases, including oxygen, nitrogen, and argon; acetylene and other fuel gases; specialty gases; process chemicals and rare gases; medical gases; nitrous oxide, carbon dioxide, hydrogen, and dry ice;
15%-25% for helium
Effective immediately, Airgas also will raise rental rates for cylinders and bulk tanks …
Airgas, Inc., Radnor, PA, has acquired CFC Refimax, LLC, a full-service refrigerant supplier and reclamation company based in Atlanta, GA.  ; The business, which has about 50 employees, had about $21 million in annual sales in 2006.
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Refimax has been integrated into Airgas Specialty Products, national distributor of ammonia products and services, various process chemicals, and refrigerants. Airgas Specialty Products is part of the Gas Operations Division, which also includes Airgas Carbonic and Dry Ice, and Airgas Nitrous Oxide.  ;
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Refimax has operations in Atlanta and Houston, and five third-party distribution warehouse locations in York, PA; Reno, NV; Indianapolis, IN; New Orleans, LA; and Dallas, TX. …
