The 2020 Mid-Year Economic Update_long

Matheson Acquires Sims Welding Supply

Acquisition expands Matheson's footprint in Southern California.

Matheson Tri-Gas Inc., Basking Ridge, NJ, a manufacturer and supplier of industrial, medical, electronics, specialty gases and welding supplies, has acquired Sims Welding Supply, Long Beach, CA. Matheson is a subsidiary of Taiyo Nippon Sanso Corp., a producer of industrial, medical, electronics and specialty gases headquartered in Japan.

Sims Welding Supply, a supplier of industrial, specialty and bulk gases, plus welding hard goods, equipment and supplies, operates seven locations in Southern California.

"This investment is consistent with our vertical integration strategy whereby we strive to serve high growth markets with both industrial and specialty cylinder gases and related equipment along with bulk liquid products," said Scott Kallman, president and CEO of Matheson. "In this case, we are greatly improving the cylinder distribution component of our infrastructure which complements our significant bulk liquid production capacity in the Los Angeles market.”

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.