Profile: Airgas Inc (ARG.N)
Airgas, Inc. (Airgas), incorporated on August 21, 1986, is a supplier of industrial, medical and specialty gases, and hard goods, such as welding equipment and related products. The Company is also a producer of atmospheric gases, carbon dioxide, dry ice and nitrous oxide and a supplier of safety products, refrigerants, ammonia products and process chemicals. The Company operates through two segments: Distribution and All Other Operations. The Company also offers supply chain management services and solutions, and product and process technical support across many customer segments. The Company markets its products and services through multiple sales channels, including branch-based sales representatives, retail stores, strategic customer account programs, telesales, catalogs, e-business and independent distributors.
The Company's Distribution segment's principal products include industrial, medical and specialty gases sold in packaged and bulk quantities, as well as hard goods. The Company's air separation facilities and national specialty gas labs primarily produce gases that are sold by the various regional and other business units within the Distribution segment as part of the complementary suite of similar products and services for the Company's customers. Gas sales primarily include atmospheric gases, including nitrogen, oxygen and argon; helium; hydrogen; welding and fuel gases, such as acetylene, propylene and propane; carbon dioxide; nitrous oxide; ultra-high purity grades of various gases; special application blends and process chemicals. The Distribution segment also includes rental of its gas cylinders, cryogenic liquid containers, bulk storage tanks, tube trailers and welding-related and other equipment. Hard goods consist of welding consumables and equipment, safety products, construction supplies and maintenance, repair and operating supplies. The Company's customer base include manufacturing and metal fabrication; non-residential (energy and infrastructure) construction; life sciences and healthcare; food, beverage and retail; energy and chemical production and distribution; basic materials and services, and government and other.
All Other Operations
The Company's All Other Operations segment consists of five business units. The primary products produced or supplied are carbon dioxide, dry ice (carbon dioxide in solid form), nitrous oxide, ammonia and refrigerant gases. Airgas is a producer of liquid carbon dioxide and dry ice. Customers for carbon dioxide and dry ice include food processors, food service businesses, various businesses in the pharmaceutical and biotech industries, and wholesale trade and grocery outlets, with food and beverage applications. With 14 dry ice plants (converting liquid carbon dioxide into dry ice), Airgas has a network of dry ice conversion plants in the United States. Additionally, Airgas operates eight liquid carbon dioxide production facilities.
The Company is a producer of nitrous oxide gas in the United States through its three nitrous oxide production facilities. Nitrous oxide is used as an anesthetic in the medical and dental fields, as a propellant in the packaged food industry and in certain manufacturing processes in the electronics industry. Airgas is a distributor of anhydrous and aqua ammonia. Industrial ammonia applications primarily include the abatement of nitrogen oxide compounds (DeNOx) in the utilities industry, chemicals processing, commercial refrigeration, water treatment and metal treatment. The Company operates 29 distribution facilities across the United States.
The Company's refrigerants are used in a range of commercial and consumer freezing and cooling applications. Airgas purchases and distributes refrigerants and provides technical and refrigerant reclamation services. The primary focus of the refrigerants business is on the sale, distribution and reclamation of refrigerants, with a varied customer base that includes small and heating, ventilating, and air conditioning (HVAC) contractors and distributors, facility owners, transportation companies, manufacturing facilities and government agencies.
259 N Radnor Chester Rd Ste 100
WAYNE PA 19087-5256