The 2020 Mid-Year Economic Update_long

Airgas: 1Q Sales Grow 14%

Airgas, Inc., Radnor, PA, U.S. distributor of industrial, medical and specialty gases, welding, safety, and related products, reported sales of $773 million in the first quarter, up 14% over the same period a year ago.


Total same-store sales were up 9%, with hardgoods up 10% and gas and rent up 9%. Industrial production, energy, and non-residential construction continued to exhibit strong demand.


Airgas, through its subsidiaries, is a U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies.  Airgas is also a distributor of safety products, a producer of nitrous oxide and dry ice, a liquid carbon dioxide producer, and a distributor of process chemicals, refrigerants and ammonia products.  Its 10,000 employees work in about 900 locations including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers.

Related Links
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