Praxair and its divisions and subsidiaries are raising prices for bulk and packaged industrial, electronics, specialty, and medical gas customers in the United States, Canada, and Puerto Rico from January 1, 2012 (or as contracts permit).
Prices for nitrogen, oxygen, argon, hydrogen, carbon dioxide, and helium as well as facility fees or monthly bulk product charges and cylinder rental rates will go up by 15 percent. Equipment and consumables will see a ten percent rise.
The company cited “continued escalation of manufacturing, distribution, and raw material sourcing costs and expenses and persistent supply/demand imbalances for certain products in the United States and Canada,” as factors behind the price increases.
Parker Hannifin Corporation’s Fluid Control Division has released a new catalog for its Skinner™ and Gold Ring™ solenoid valve product offering.
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
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