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Slide #45. Praxair — United Welding Supplies, LLC and Best Welders Supply, Inc.
United Welding Supplies, LLC and Best Welders Supply, Inc.
Praxair, Inc. (NYSE:PX) announced today that it has acquired two independent distributors of packaged gas and welding supplies - United Welding Supplies, LLC (United) in Texas and Best Welders Supply, Inc. (Best) in Oklahoma, with combined 2013 annual sales of about $30 million. Financial terms of the transactions were not disclosed.
Praxair is an industrial gas company in North and South America. Co.'s operations consist of two main product lines: industrial gases and surface technologies. The industrial gases product line centers on the manufacturing and distribution of atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). Co.'s surface technologies segment supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. Co.'s subsidiary, Praxair Surface Technologies, supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.
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