ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

MATHESON Announces Agreement with Indiana Oxygen Company

Print | 
Email |  Comment   Share  

(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

Matheson
166 Keystone Dr.
Montgomeryville, PA, 18936
USA



Press release date: July 1, 2012

Basking Ridge, NJ - MATHESON has announced an agreement to transfer ownership of its Elkhart, Indiana gas and welding supply business to the Indiana Oxygen Company. The companies expect to complete the transfer effective July 2012.

Founded in 1915, Indiana Oxygen Company has an established network of branch locations in Indiana. The Elkhart facility will add to that network.

Indiana Oxygen Company has been one of MATHESON's strategic Process Approved Enable Distributors since 2006. As a MATHESON Enable Distributor, Indiana Oxygen Company is able to use proprietary MATHESON production technologies and analysis methods for specialty gases sold and marketed under the "MATHESON PROCESS APPROVED" label. The track record of a successful working relationship was a key contributing factor in the decision to transfer the business of the Elkhart operation.

With resources focused on the Indiana Region, Indiana Oxygen is well-positioned as the ownership successor of the Elkhart operation, and a continuing MATHESON partner. In turn, MATHESON plans to focus on developing other strategic relationships similar to the one with Indiana Oxygen, as well as developing its core markets in other strategically important regions.

According to Mark Blakely, Midwest Zone Vice President, MATHESON, "The Elkhart business is an excellent strategic fit for Indiana Oxygen, and it will significantly advance their goal of building a premier gas and welding distributorship across the entire state of Indiana. This ownership transfer is a direct result of the close distributor relationship we have had with Indiana Oxygen - for specialty gases and other products - over the last decade. In terms of continuity, it also represents an outstanding opportunity for Elkhart employees and customers - because Indiana Oxygen shares values and principles similar to those at MATHESON."

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.

Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


 

Post a comment about this story

Name:
E-mail:
(your e-mail address will not be posted)
Comment title:
Comment:
To submit comment, enter the security code shown below and press 'Post Comment'.
 



 More New Product News from this company:
Welding Optimization Service helps boost operating efficiency.
Custom Welding Helmet comes with various shade options.
Asset Management System monitors gas products in real-time.
Purification System clears process gases of metal/moisture.
More ....
| Featured Manufacturing Jobs
 Other News from this company:
MATHESON and Air Products Helium Production Begins in Wyoming
MATHESON Air Separation Plant Fully Operational in North Central Florida
MATHESON Works with Korean Ministry to Improve Gas and Chemical Safety in Korea
MATHESON Acquires Continental Carbonic Products, Inc.
MATHESON Announces Youth Reach Program
More ....
 Tools for you
Watch Company 
View Company Profile
Company web site
More news from this company
E-mail this story to a friend
Save Story


Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy



Error close

Please enter a valid email address