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Home » Airgas to acquire Interstate Welding Sales

Airgas to acquire Interstate Welding Sales

March 10, 2004
More about:  Airgas,  Gases/Welding Equipment,  Industrial,  Mergers/Acquisitions
Airgas, Inc., Radnor, PA, has agreed to acquire the assets of Interstate Welding Sales Corporation, Marinette, WI, a distributor of welding equipment supplies; industrial, specialty and medical gases; and fire protection systems. The acquisition is expected to close Mar. 31. The operations, which generated about $35 million in annual sales in 2003, builds out Airgas' presence in Northeastern Wisconsin and Michigan's Upper Peninsula. The acquisition includes a main office and cylinder fill plant in Marinette and branches in Appleton, Fond du Lac, Green Bay, Manitowoc, Milwaukee, and Schofield, WI; and Escanaba, Iron Mountain, and Marquette, MI in the Upper Peninsula.

Airgas plans to run these locations as part of Airgas North Central, one of 12 regional companies within Airgas, the ...

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Airgas, Inc., Radnor, PA, has agreed to acquire the assets of Interstate Welding Sales Corporation, Marinette, WI, a distributor of welding equipment supplies; industrial, specialty and medical gases; and fire protection systems. The acquisition is expected to close Mar. 31. The operations, which generated about $35 million in annual sales in 2003, builds out Airgas' presence in Northeastern Wisconsin and Michigan's Upper Peninsula. The acquisition includes a main office and cylinder fill plant in Marinette and branches in Appleton, Fond du Lac, Green Bay, Manitowoc, Milwaukee, and Schofield, WI; and Escanaba, Iron Mountain, and Marquette, MI in the Upper Peninsula.

Airgas plans to run these locations as part of Airgas North Central, one of 12 regional companies within Airgas, the nation's largest distributor of gases, welding supplies and related products. It plans to offer employment to Interstate's 160 employees.

Founded in 1946, Interstate has been owned by the Higley family since 1969. The company distributes welding equipment and supplies, bulk and cylinder gas, tools, abrasives and safety products. It also distributes fire protection systems and fire safety supplies. Both current President and CEO Bill Higley and his father, Hugh Higley Sr., are past presidents of the National Welding Supply Association, the trade association now known as Gases and Welding Distributors Association (GAWDA).

Bill Higley has been named national manager ﾖ distributor channel to support the Airgas regional companies in coordinating services to distributors and resellers.

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