IHS Chemical Week

Markets :: Industrial Gases

Airgas acquires small Texas welder and gas maker

2:35 PM MDT | June 16, 2014 | Lindsay Frost

Airgas announced on 16 June that it had acquired Team Welding Technical Alloy and Industrial Gas (Houston), a supplier of industrial, medical, and specialty gases and a related-products maker. Financial terms of the agreement were not disclosed. Technical Alloy generated about $20 million in sales in 2013, Airgas says. “The addition of Technical Alloy and its 38 associates to our Gulf Coast region will help to further increase our density and strengthen our competitive position in the greater Houston area,” says Les Graff, Airgas senior v.p./corporate...

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