Praxair announced that its subsidiary, Praxair Distribution has purchased Cincinnati, Ohio-based Weldco. Ohio is one among the top 20 US welding markets. Weldco distributes specialty and industrial gases and welding equipment.
Praxair Distribution’s President, John Panikar stated that the acquisition of Weldco expands the company’s presence in the Cincinnati region and it further reinforces their ability to serve clients. Thus, the addition of Weldco helps to build stronger business in northeastern Kentucky and southwestern Ohio.
President of Weldco, Tim Trame also commented that their devoted employees have worked to deliver quality products and services and achieved full customer satisfaction and confidence. By integrating with Praxair’s business, Weldco’s employees and customers will continue to gain benefits. Praxair will continue to focus on acquiring top independent distributors for its business growth.
Praxair is one of the leading industrial gases companies in North America and South America. It is also one of the world’s largest companies that manufactures and distributes high-performance surface coatings and process and atmospheric gases. The products and technologies and services offered by the company enhance productivity and provide environmental benefits to various sectors. Metals, manufacturing, healthcare, energy, electronics, food and beverage, chemical and aerospace are a few of the industries that have benefited from Praxair’s solutions.
Source: http://www.praxair.com/