MATHESON continues its programme of strategic expansion with the acquisition of 3-D Welding & Industrial Supply Inc. (3-D Welding) in Central Texas.
3-D Welding was founded in 1980, and has grown to become one of the largest independent welding supply operations in Texas.
Operating out of seven facilities in the Central Texas Region that includes San Antonio and Austin, 3-D Welding offers industrial, specialty, and bulk gases, plus welding hard goods, equipment, supplies and services.
It is therefore anticipated that the operations of the two companies in the region will ‘mesh’ well, with MATHESON noting that the deal is part of its vertical integration strategy.
Scott Kallman, President and CEO of MATHESON, explained, “We continue to implement our vertical integration strategy to serve high growth markets with all grades of cylinder gases, bulk liquid products, and a broad range of related equipment.”
“Our investment in 3-D Welding is consistent with that strategy, and complements the bulk liquid production from our updated and expanded San Antonio ASU.”
Steve Foster, Executive Vice-President at MATHESON, added, “MATHESON’s operations will mesh well with 3-D Welding’s store locations in the same geographic area to enhance our presence in Central Texas. The experienced and customer-focused 3-D Welding employees will support our expanded service capability throughout the region providing immediate benefit to our customers. We welcome aboard our new teammates.”