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In The News:

2012 MDM Market Leaders: Top Industrial Distributors No. 5

Airgas

June 18, 2012
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Headquarters: Radnor, PA
2011 Revenues: $4.7 billion
Change in Sales from 2010: 9.3%
Employees: 14,000+
Locations: More than 1,285 locations (875 branches)
Key Executives: CEO Peter McCausland; COO Michael Molinini; CFO Robert McLaughlin; CIO Robert Dougherty; General Counsel Robert Young Jr.; SVP HR Dwight Wilson; SVP Corporate Development Leslie Graff
2011 Acquisitions: Pain Enterprises

The distributor of welding gases and equipment is slowly returning to acquisitions after it fought off a hostile takeover bid from Air Products in 2011. In 2012, the distributor purchased Nordan Smith, an industrial welding supplies distributor with 17 locations. One of the biggest news items for Airgas in recent months is the announcement by Founder Peter McCausland that he will step down as CEO in August 2012. COO Michael Molinini will take the helm. McCausland has been president and CEO since 1987. Read MDM's 2011 interview with McCausland on Airgas' Return to Normalcy.

No. 6: Motion Industries

• Return to Full List of Top Industrial Distributors.
• Return to the 2012 MDM Market Leaders home.
• Read the 2012 MDM Wholesale Distribution Trends Reportlogin or subscribe to access.
• Order the 2012 MDM Wholesale Distribution Landscape Report, which includes the 2012 Trends Report as well as market size and market share estimates.

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