Praxair Distribution, Inc. has acquired Pasadena, TX-based Welders Industrial Supply, an independent distributor offering industrial and specialty gases, welding equipment, supplies and related services.
Founded in 2009 by Ernest W. ‘Cotton’ Speed III, WIS supplies customers in the greater Houston area, and operates from a newly constructed retail and cylinder filling plant facility in Pasadena. The company has some $4m in annual revenue and 10 employees.
In the same region, Praxair Distribution also recently acquired Houston-based independent distributors Texas Welders Supply Company and National Alloy in December and August 2011, respectively.
“Cotton Speed and his family have a long, successful track record of owning and growing gas distributorships throughout Texas. We look forward to further strengthening our ability to meet customer requirements through his and his team’s in-depth knowledge of the Texas market,” said John Panikar, president of Praxair Distribution.
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