Expected to be on-stream during 2014, Matheson has announced that it plans to build a new large capacity air separation unit (ASU) to supply the oxygen, nitrogen and argon in Mesa, Arizona.
The development comes almost in response to the company’s M&A activity in recent years, as it seeks to better serve both existing and new customers in the region.
Nigel McMullen, senior vice-president, explained, “This investment will allow Matheson to better support our current customers and our recently acquired US Airweld distribution business by creating a Southwest ASU network with our existing ASUs in Southern California and New Mexico.”
The plant is expected to be on-stream and producing high-purity merchant product during the third quarter of 2014. It’s announcement comes just 12 months after Matheson purchased US Airweld.
Matheson successfully acquired the assets and business of US Airweld, Inc., based in Phoenix, Arizona in second quarter 2012 and improved its business network in the Phoenix, Tucson and Albuquerque as a result.
Electronic Fluorocarbons (EFC), headquartered in Massachusetts, utilizes the latest technology for the purification and microanalysis of its legacy fluorinated specialty gases and rare gases for the medical and electronics semiconductor manufacturing industries.
As we head in to 2018, we look back on a very interesting changing market for krypton (Kr), xenon (Xe) and neon (Ne) in 2017. Ne supply this year continued to increase as new plants came on-stream while the demand was growing slowly after the big decline of 2016.
Electronics manufacturing is a highly complex sequence of adding and subtracting material, with the resulting sum yielding circuits sometimes less than one hundred atoms wide. For over 50 years, Moore’s Law has driven an industry to make smaller devices on larger scales.
GTCR, a leading private equity firm, has recently completed the previously announced acquisition of Cole-Parmer Instrument Company from Thermo Fisher Scientific Inc.
Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases, and related welding supplies, announced that it has acquired US Oxygen Supply (US Oxygen) of Arlington, Texas, and Specialty Air Technologies (SAT) of Long Beach, California. Tech Air is owned by CI Capital Partners and Tech Air ...
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