MATHESON is Now Official Brand Name
Basking Ridge, NJ, USA, July 1, 2010 - Matheson Tri-Gas, Inc. has announced that the Company is changing its brand name to "MATHESON" effective immediately. The legal name of the Company will remain Matheson Tri-Gas, Inc., and because of this, nothing needs to be changed by our customers with regard to accounts payable procedures.
The Company was founded in 1927 in North Bergen, NJ by Adam Matheson. The name of the Company was originally Matheson Gas Products. Today, MATHESON is the largest single subsidiary of Taiyo Nippon Sanso, the fifth largest industrial gas supplier in the world.
"Operating under the name Matheson Tri-Gas made sense for us in the 90's and early 2000's," said Bill Kroll, Matheson's Chairman. "At that time, we were the combination of two companies, one named Matheson and the other named Tri-Gas. In the six years since 2004, we have added seven more companies to our proud family. Going forward, knowing the family as simply 'MATHESON' makes sense."
"Each acquisition has been strategic." Kroll noted, "Of course, Linweld and Valley National Gases were the blockbuster acquisitions - not just because of their size, but also because of their depth of excellence, particularly in welding and propane. But in every case, we added something of value. In cases like ETOX and FiveStar, we added access to geographic markets that were important to us; with Polar, Aeris, and AGT, we added accretive technology."
"We are not simply the combination of acquisitions. We are a unified entity with many locations. We are one company; and we should be known by one brand name," Kroll added.
In 2004, Matheson Tri-Gas had operations in 21 states, with industrial retail operations in only six; in 2010, MATHESON has operations in 40 states, including retail operations in 33 of them. MATHESON also has overseas operations in six countries.
"It's time," Kroll pointed out, "that we are known under one brand name, with one set of employees, one product line, one mission, and one identity. That brand name is MATHESON."
In the interest of continuity, MATHESON will continue to refer to the legacy names of the larger acquisitions. In some parts of the country, signs and truck labels will say MATHESON VALLEY or MATHESON LINWELD. By doing this MATHESON will pay tribute to the longstanding customer relationships and name recognition that goes with them. "Clearly," says Kroll, "the brand name is MATHESON, and so is the logo, but we want to honor decades of local name recognition and the hard work that has gone before us."
MATHESON is a single source for industrial, welding and safety supplies, 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, one of the five largest suppliers of industrial, specialty, and electronics gases in the world.
