Praxair Picks Up Texas Welders Supply Co.
Financial details of the transaction were not disclosed, but Texas Welders, majority-owned by the founding Chenoweth family, employs 130 people across four locations and has projected sales of $56 million for 2011. The companies expect the deal, which remains subject to customary conditions, to close by Dec. 31.
“The Chenoweths have a multigenerational history of building successful industrial gas distributorships...
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