Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Airgas Buys Assets And Operations Of Industrial Welding Supplies Of Hattiesburg

RELATED NEWS
Trade ARG now with 

Airgas Inc. (ARG: Quote) announced it has acquired the assets and operations of Industrial Welding Supplies of Hattiesburg, LLC, which is doing business as Nordan Smith, a Hattiesburg, MS-based distributor of industrial, medical, and specialty gases and related supplies. The acquired business, with 17 locations throughout Mississippi, Arkansas, and Alabama, generates annual revenues in excess of $30 million.

After a transitional period, six of the acquired locations will be integrated into the Mid South region of Airgas USA, LLC, and eleven will be integrated into the South region, the company said.

The company noted that the Mid South region serves customers in Oklahoma, Arkansas, Kansas, North Texas, Missouri, Northern Louisiana, Western Tennessee, and Northwest Mississippi, while the South region serves customers in Florida, Georgia, Alabama, Mississippi, and Tennessee. The Mid South and South regions are among 12 regions which comprise Airgas' distribution business.

Click here to receive FREE breaking news email alerts for Airgas Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved sharply lower over the course of the trading day on Wednesday, adding to the modest weakness seen in the two previous sessions. With the losses on the day, the major averages fell to their lowest closing levels in over a month. Democrats have climbed into the lead on a generic ballot, according to the results of a new CNN/ORC International poll, although the results may not be as positive for the party as they first appear. With spending on private and public construction both showing notable decreases, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. construction spending in the month of August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.