nexAir has been named a US Best Managed Company in a programme sponsored by Deloitte Private and The Wall Street Journal.

Private companies who receive the award are recognised for their management skills and practices in four key criteria – strategy, execution, culture and financials.

The Memphis-based distributor of atmospheric gases and welding supplies was one of 27 companies across various industries to receive the award.

Milton Lovell, Chief Financial Officer and General Counsel, commented, “This nomination and award would not be possible without the dedication and hard work of all nexAir’s employees who always strive to achieve our mission the Serve Selflessly and Assist Eagerly to Create Customers for Life.

“The US Best Managed Companies programme is a significant mark of excellence for nexAir, we should all be proud to be a part of a company that continues to meet our customers’ expectation each day.”

To be considered for the award, companies must have annual revenues of at least $250m and go through an evaluation process by an external, independent panel of judges.