Basking Ridge, NJ-based MATHESON Tri-Gas has expanded and strengthened its reach across the country with the acquisition of Southern California-based Sims Welding Supply, announced Wednesday.
MATHESON supplies industrial, welding and safety supplies, along with medical specialty and electronic gases and gas handling equipment. Sims, based in Long Beach, CA, supplies industrial, specialty and bulk gases, plus welding hard goods, equipment and supplies. Sims operates out of seven locations in Southern California.
“This investment is consistent with our vertical integration strategy whereby we strive to serve high growth markets with both industrial and specialty cylinder gases and related equipment along with bulk liquid products," said Scott Kallman, President and CEO of MATHESON. "In this case, we are greatly improving the cylinder distribution component of our infrastructure which complements our significant bulk liquid production capacity in the Los Angeles market.”
Steve Foster, Executive Vice President at MATHESON said, “The addition of Sims’ bulk, industrial, and specialty gas customers provides an opportunity to add efficiencies of scale to our operations in the region. Our business will immediately benefit from the addition of the dedicated and customer-focused Sims employees. We welcome aboard our new teammates.”
Kelly Sims II, President at Sims said, “Matheson has been a long-term and valued supplier to us. As we evaluated our possible business strategies, the natural fit was to go with MATHESON.”