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Airgas acquires Welding Metals, Inc.

December 3, 2002
Airgas, Inc., Radnor, PA, has acquired Welding Metals, Inc., a Detroit-based independent distributor of gases and welding supplies with annual sales of about $10 million. The acquisition includes four locations, which will significantly improve the Airgas market presence in the Detroit area.


The acquired locations include Madison Heights, doing business as Welding Metals; Roseville, doing business as Parkin Welding; and Rochester Hills and Lapeer, both doing business as Avon Welding. The locations are now part of Airgas Great Lakes, which is headquartered in Bay City, MI, and is one of 12 regional companies within Airgas, the nation's largest distributor of gases, welding supplies and related products.



WMI has served Detroit and surrounding markets since 1921 and has ...

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Airgas, Inc., Radnor, PA, has acquired Welding Metals, Inc., a Detroit-based independent distributor of gases and welding supplies with annual sales of about $10 million. The acquisition includes four locations, which will significantly improve the Airgas market presence in the Detroit area.


The acquired locations include Madison Heights, doing business as Welding Metals; Roseville, doing business as Parkin Welding; and Rochester Hills and Lapeer, both doing business as Avon Welding. The locations are now part of Airgas Great Lakes, which is headquartered in Bay City, MI, and is one of 12 regional companies within Airgas, the nation's largest distributor of gases, welding supplies and related products.



WMI has served Detroit and surrounding markets since 1921 and has been owned and operated by the Houck family since 1951. Tom Houck will join Airgas Great Lakes along with about 35 WMI associates, while his brother, Dan Houck, will serve as a consultant to ensure a smooth transition after closing.



'We are delighted to welcome the Welding Metals associates in these four locations to Airgas and look forward to offering our Detroit area customers a stronger team of local resources to serve their gases, welding and safety product needs,' said Airgas Great Lakes President Mike Ziegler. In addition to the WMI locations, Airgas Great Lakes has locations in Detroit, Wayne and Monroe and more than 30 locations in Michigan, Ohio, Western Pennsylvania, and Northern Indiana.



Airgas Chairman and CEO Peter McCausland commented: 'Our acquisition program remains a key component of our overall growth strategy. The acquisition of Welding Metals demonstrates that we will continue to make targeted acquisitions where we can add locations or density to build upon our national footprint and give us stronger market presence to serve our customers.' The acquisition is expected to be accretive in the first year.

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