Home » Airgas Acquires Watt Welding in Oregon and DC Welding in Sacramento
Airgas Acquires Watt Welding in Oregon and DC Welding in Sacramento
December 13, 2004
Airgas, Inc., Radnor, PA, has acquired the assets and operations of Watt Welding Supply, Inc., an industrial gas and welding supply distributor with three locations south of Portland, OR, and DC Welding, Sacramento, CA. It's the tenth and eleventh acquisitions in Airgas's fiscal year beginning Apr. 1. A total of 17 WWS employees working at a cylinder fill plant in Tigard, OR, and two nearby retail locations in McMinnville and Newberg have joined Airgas Nor Pac, one of 13 regional companies within Airgas.
'We are pleased to welcome Steve Watt and his colleagues to Airgas,' said Mark Clemens, president of Airgas Nor Pac, which is based in Portland, OR and operates 45 other locations in Oregon, Washington, Alaska, Northern Idaho and western Canada. 'The fill plant in Tigard and two retail locations will help us better serve customers south of Portland.'
Steve Carpenter, one of the owners of DC Welding, and five others employees have joined Airgas Northern California & Nevada (NCN), which is based in Sacramento and operates 42 locations in the region. DC Welding operated from a single location in Sacramento.
'Airgas NCN is pleased to welcome Steve Carpenter and the other DC Welding employees to our team,' said Jim McCarthy, president of Airgas NCN. 'Steve has an outstanding reputation within our industry and within the Sacramento business community.'
The two acquisitions, which closed November 30, 2004, were among 11 completed so far this fiscal year, including Airgas' largest acquisition to date of BOC's U.S. packaged gas operations on July 30. In total, the year's acquisitions have added $260 million in acquired sales.
'Our business development team continues to see a full pipeline of acquisition opportunities,' said Airgas Chairman and CEO Peter McCausland. 'These kinds of acquisitions are a core competency for our regional companies. We are excited to welcome new locations and new employees to our strong regional company network.'