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TheStreet Open House

Airgas Announces Reorganization Of Its Southwest Region

Stocks in this article: ARG

Airgas, Inc. (NYSE: ARG), one of the nation’s leading suppliers of industrial, medical, and specialty gases, and related products, today announced the reorganization of its Southwest distribution region, effective November 1, into two separate regions – the Gulf Coast region, headquartered in Houston, and the Southwest region, headquartered in Dallas. Jason Favre, currently an area vice president within Airgas’ Southwest region, has been named president of the Gulf Coast region, which includes coastal Texas and Louisiana. Brent Sparks, president of Airgas’ Southwest region, has been named president of the newly defined Southwest region, which includes the rest of Texas to the north, east and west of Dallas, and New Mexico.

“We continue to be optimistic about the long-term prospects for the U.S. manufacturing and energy industries, as well as non-residential construction, and this area of the country is expected to see significant growth,” said Michael Molinini, Airgas President and Chief Executive Officer. “We’re adding resources to further strengthen our position and ability to capitalize on the opportunities that lie ahead. This reorganization will enable us to focus more fully on the unique needs of the industries in each of these regions.”

“The Southwest region represents one of Airgas’ largest in terms of annual revenues, number of production facilities and branches, and number of associates,” said Terry Lodge, president of Airgas’ Central Division. “This reorganization reinforces Airgas’ commitment to an operating model where decisions are made as close to the customers as possible.”

“Jason has spent most of his career in the industrial gas business and in the Gulf Coast area. He’s held several positions of increasing responsibility within Airgas, which has prepared him well for this important role,” Lodge added. “Brent is an industry veteran who’s spent more than a decade leading the growth of our business in the Southwest. Both have track records of meeting and exceeding performance targets and proven leadership skills that will help drive our continued success in their respective regions.”

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