Airgas has announced it has signed a new supply agreement with Illinois Tool Works, the Glenview, IL-based Fortune 500 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products.

With the new agreement Airgas will continue to be the preferred supplier of welding hardgoods and safety products for all ITW facilities in the US and is now named as the preferred supplier of industrial gases for ITW US facilities.

The two-year agreement is part of the Airgas Strategic Accounts programme, established specifically for multi-location customers who benefit from sole-source supply and supply chain management services.

“While we’ve been providing ITW with welding hardgoods and safety products over the past few years as their preferred supplier, we very much appreciate the trust they place with us by adding Airgas industrial gases to the preferred supply agreement,” said Mike Molinini, Airgas Executive Vice President and Chief Operating Officer.

“Airgas and ITW have a strong business relationship as both buyers and sellers of each other’s products. Our complementary business strategies enhance value, furthering our leadership position in our respective industries.”

“We’re pleased with the level of service Airgas provides as a preferred supplier of welding hardgoods and safety products,” said Chris Duchene, Vice President – strategic sourcing at ITW.

“Their consistent pricing, number of locations coast to coast, and their ability to deliver personalized service at all ITW locations made a strong case for extending the agreement and adding industrial gases. We look forward to continuing this relationship.”

Airgas has developed a strategic organisation focusing on specific market segments in order to fully understand customer challenges and provide the right solutions.

Airgas market segment leaders within the metal fabrication and industrial equipment group work with account managers and teams within 12 Airgas regional organisations and more than 850 branch locations nationwide to provide custom-tailored solutions for ITW facilities.