MATHESON Acquires Airweld, Inc.
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166 Keystone Dr.
Montgomeryville, PA, 18936
Press release date: May 11, 2012
Basking Ridge, NJ - May 11, 2012 - MATHESON has successfully acquired the assets and business of US Airweld, Inc., based in Phoenix, Arizona with operations located throughout Arizona and New Mexico. This purchase will improve MATHESON's existing business in Phoenix, Tucson, and Albuquerque as well as expand the network to new parts of both states. The acquired business will become a part of the MATHESON Packaged Gas Division.
"We are truly pleased to welcome US Airweld as part of the MATHESON Team. Expanding our business in both states, this acquisition complements our operations and will provide benefits to our customers throughout Arizona and New Mexico. We welcome aboard Dave Miller and his experienced team and look forward to his continued leadership as we integrate this acquisition with our Packaged Division," said William J. Kroll, Chairman and Chief Executive Officer of MATHESON.
"We are looking forward to becoming part of a growing industry leader. The sale to MATHESON provides greater opportunity for our employees and strengthens our customer offering which is important to the US Airweld family," stated Dave Miller, Region General Manager, US Airweld, Inc.
MATHESON is a single source for industrial, medical, specialty and electronic gases, gas handling equipment, high performance purification systems, engineering and gas management services, and on-site gas generation with a mission to deliver innovative solutions for global customer requirements. MATHESON is the largest subsidiary of the Taiyo Nippon Sanso Corporation Group, the largest Japanese supplier of industrial gases and one of the five largest suppliers of industrial, specialty, and electronics gases in the world.