Airgas Inc. today announced it has acquired the assets and operations of Northeast Gas Technologies Ltd, an Albany-based distributor of industrial, medical, and specialty gases and related supplies, effective as of 1st March 2008.
The acquired business, with five locations in upstate New York and Vermont, generated $10m in revenues in 2007 and the acquired operations have been integrated into Airgas East, one of the regional companies within Airgas. The operations include a headquarters and industrial fill plant in Albany, New York, with branches in Vestal, Ithaca, and Hyde Park, New York, as well as Rutland.
“We are excited to welcome all 48 Northeast Gas Technologies employees to the Airgas East team,” said Fred Manley, President of Airgas East.
“In the last dozen years, Rusty Baker and his team have expanded the gas and rent mix of their business, including industrial, bulk, specialty, and medical gas. We look forward to working with them to serve customers more effectively in all these areas,” he added.
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