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Article: Airgas Acquires Central Welding Supply near Dallas, and Houston-based Texas Industrial Gas.
- Article from:
- Business Wire
- Article date:
- November 5, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RADNOR, Pa. -- Airgas, Inc. (NYSE:ARG) today announced it has acquired Central Welding Supply, Inc. (CWS), an industrial packaged gas distributor with three locations south of Dallas, TX. Also effective November 1, 2007, it acquired the assets and operations of Texas Industrial Gas, Inc. (TIG), with one location in Houston, TX.
Both acquired businesses, which together generated nearly $6 million in revenue 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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