Matheson, a subsidiary of Japan-based TAIYO NIPPON SANSO CORPORATION Group, one of the five largest suppliers of industrial, specialty, and electronics gases, continued its strategic expansion with the acquisition of Weld Specialty Gas & Equipment, Inc., in Milwaukee, Wisconsin.
Weld Specialty Gas & Equipment was founded in 1980 and is a well-established supplier of industrial, specialty, and bulk gases, plus welding hard goods, equipment, and safety products. Headquartered in Milwaukee, Weld Specialty operates out of four locations in the Southeast region of Wisconsin.
John Dunfee, President of Weld Specialty Gas & Equipment, said, “MATHESON and Weld Specialty have had a relationship for over a decade. Weld chose to partner with MATHESON due to the trust we developed over that time. MATHESON has met, if not exceeded, all of their commitments during this process. Most importantly, they have exhibited a sincere interest in retaining our employees as well as providing improved opportunities for many.
Steve Foster, Executive Vice President at MATHESON said, “This investment is consistent with our vertical integration and product line extension strategies. In this case, the added cylinder distribution capabilities and sizeable hard goods customer base will help build density in the Wisconsin market.”
Mr. Foster continued, “Our business will immediately benefit from the addition of the dedicated and customer-focused Weld Specialty employees. We welcome aboard our new teammates.”