This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Airgas Announces Reorganization Of Its North Central Distribution Region

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 North Central distribution region, effective immediately, into two separate regions within the Company’s North Division – a redefined North Central region, headquartered in Appleton, WI, and a new Midwest region, headquartered in the Chicagoland area.

“We are optimistic about the long-term prospects for the U.S. manufacturing industry, as structural drivers like the abundant supply of low-cost energy and higher shipping costs from overseas should favor the U.S. for years to come. U.S. manufacturing should also benefit from future growth in the non-residential construction and energy industries,” said Michael L. Molinini, Airgas President and Chief Executive Officer. “We’re positioning our resources in this area of the country to enhance our competitive position and assure that we fully capitalize on these long-term growth prospects in what is already one of the largest industrial gas markets in the U.S.”

“Through both solid organic growth and acquisitions, particularly the recent acquisition of The Encompass Gas Group, the North Central region’s annual revenues have nearly quadrupled over the past ten years, making it one of Airgas’ largest regions by revenue,” said Shaun Powers, President of Airgas’ North Division. “Covering eight states and roughly 352,000 square miles, it is also one of our most geographically expansive regions. This reorganization reinforces Airgas’ commitment to an operating model where decisions are made as close to our customers as possible.”

Pamela Swanson, who has successfully led the North Central region’s growth as President since 2009, has been named President of the redefined North Central region, which will cover northern Wisconsin, the Upper Peninsula of Michigan, Minnesota, Iowa, North Dakota, South Dakota, and Nebraska. Under Swanson’s leadership, the legacy North Central region has consistently earned recognition as one of Airgas’ strongest performing distribution regions.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs