Airgas, Inc., today announced it has acquired the assets and operations of Northeast Gas Technologies Ltd., an Albany, NY-based distributor of industrial, medical, and specialty gases and related supplies. The acquired business, with five locations in upstate New York and Vermont, generated $10 million in revenues in 2007.
Effective March 1, 2008, the acquired operations have been integrated into Airgas East, one of the regional companies within Airgas. The operations include a headquarters and industrial fill plant in Albany, NY, with branches in Vestal, Ithaca, and Hyde Park, NY, as well as Rutland, VT.
“We are excited to welcome all 48 Northeast Gas Technologies employees to the Airgas East team,” said Fred Manley, president of Airgas East. “In the last dozen years, Rusty Baker and his team have expanded the gas and rent mix of their business, including industrial, bulk, specialty, and medical gas. We look forward to working with them to serve customers more effectively in all these areas.”
Northeast Gas Technologies traces its roots back a half-century. In 1976, Donald Baker purchased the business and his son, Ross “Rusty” Baker, took over the business in 1996, expanding its scope dramatically. In 2001, it opened a modern cylinder fill plant, showroom, and corporate offices on Karner Road in Albany.
“I want to thank the Northeast Gas Technologies employees for their excellent service and our many customers for their loyalty through the years,” said Rusty Baker, who will assist in the transition of the business. “Now, our people and our customers will have even greater opportunities to grow, with the support and resources of the industry leader, including a broader range of products and services.”