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.