Airgas Raises Prices Up To 18%

Beginning October 1, 2012, the company will also continue to pass along 3 – 6% higher prices for welding hardgoods and safety products. Cylinder and bulk tank rental rates will increase 6 – 12% effective September 1, 2012, or as contracts permit.

Id 861 Airgas2 7

RADNOR, PA Airgas, Inc. announced that beginning October 1, 2012, or as contracts permit, its operating units will increase prices on bulk and packaged industrial, medical, and specialty gases 8 – 10% on average and on helium and argon 10 – 18%. The Company will also continue to pass along 3 – 6% higher prices for welding hardgoods and safety products. Cylinder and bulk tank rental rates will increase 6 – 12% effective September 1, 2012, or as contracts permit.

“We have experienced sustained inflationary pressures on our product and operating costs this year, and supply chain disruptions in certain products have resulted in higher distribution costs,” said Airgas President and Chief Executive Officer Michael Molinini. “In addition, we continue to invest in our infrastructure and technologies in order to more efficiently meet our customers’ demands while fulfilling the safety and security requirements of our industry.”

About Airgas, Inc.

Airgas, Inc. (NYSE: ARG), through its subsidiaries, is the largest U.S. distributor of industrial, medical and specialty gases, and hardgoods, such as welding equipment and supplies. Airgas is also a leading U.S. producer of atmospheric gases, carbon dioxide, dry ice, and nitrous oxide, one of the largest U.S. distributors of safety products, and a leading U.S. distributor of refrigerants, ammonia products, and process chemicals. More than 15,000 employees work in approximately 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also markets its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com.

More in Home