We are excited to announce that American Welding & Gas, Inc. has recently acquired the industrial gas assets of F&M MAFCO, Inc. This acquisition marks a significant expansion for AWG, one of the largest independent producers and distributors of industrial, medical, and specialty gases in the nation.
F&M MAFCO, Inc., known for its site services in capital construction projects, will continue to provide rental and hardgoods offerings, while AWG will now supply gas products and services to the customers of F&M MAFCO’s industrial gas business. This partnership will not only benefit both companies but also provide opportunities for growth and excellence in the industry.
American Welding & Gas, Inc. Acquires Industrial Gas Assets of F&M MAFCO, Inc.
Introduction
Welcome to an exciting announcement from American Welding & Gas, Inc. (AWG)! We are thrilled to share the news that AWG has acquired the industrial gas assets of F&M MAFCO, Inc., a leading tool and equipment company. This acquisition marks a significant milestone for AWG and strengthens our position as one of the nation’s largest independent producers and distributors of industrial, medical, and specialty gases.
Background of American Welding & Gas, Inc.
AWG has been a trusted name in the industry since its founding in 1949. Headquartered in Raleigh, NC, AWG operates 82 retail locations and 19 fill plants spanning from Kalispell, Montana to Orlando, Florida. Our company has built a reputation for producing and distributing high-quality gases, serving a wide range of industries across the country.
Background of F&M MAFCO, Inc.
F&M MAFCO, Inc., an AMECO company, has been in the business since 1945 and is based in Cincinnati, Ohio. With operations in various locations across the United States and internationally, F&M MAFCO specializes in providing tools and equipment rental, sales, and service programs to the construction and heavy industrial markets. Their expertise extends to industries such as power generation, manufacturing, petrochemical, bridges, marine and offshore, pulp and paper, and mining.
Acquisition Announcement
The acquisition of F&M MAFCO’s industrial gas assets by AWG was announced on October 3, 2022, in Harrison, Ohio. The purpose of this acquisition is to enhance AWG’s gas products and services, while allowing F&M MAFCO to focus on expanding their “StrikeForce” site services business model. The details of the acquisition agreement between AWG and F&M MAFCO will be mutually beneficial, ensuring a seamless transition for customers and employees.
Welcome to the Team
We are excited to welcome the talented team from F&M MAFCO’s industrial gas business to the AWG family. The addition of their expertise and experience will further strengthen our ability to meet the needs of our customers. We look forward to collaborating and growing together as one unified team.
AWG as an Independent Producer and Distributor of Industrial Gases
As an independent operator, AWG takes pride in our ability to provide top-notch industrial, medical, and specialty gases. With a diverse product portfolio and a wide range of services, we are dedicated to meeting the unique demands of various industries. Our commitment to quality, safety, and innovation sets us apart as a leader in the market.
F&M MAFCO’s Site Services Business Model
F&M MAFCO’s site services business model, which includes tooling, equipment, tool management rental, sales, and service, has been highly successful in serving the construction and heavy industrial markets. This strategic approach allows them to provide comprehensive solutions for their customers’ needs, ensuring efficiency and productivity on job sites.
Partnership between AWG and F&M MAFCO
The partnership between AWG and F&M MAFCO will leverage the strengths of both companies. F&M MAFCO will continue to offer their wide range of rental and hardgoods offerings through their site services business model, while AWG will work closely with F&M MAFCO to provide gas products and services to their customer base. Additionally, AWG will become F&M MAFCO’s preferred gas supplier in areas where the two companies collaborate through the “StrikeForce” management program.
Quotes from Jason Krieger, President & CEO, AWG
Jason Krieger, President & CEO of AWG, expressed his enthusiasm about the acquisition, stating, “Today we are pleased to welcome the teammates and customers of F&M MAFCO’s industrial gas business to our AWG team. With this transaction, AWG will work closely with F&M MAFCO to provide gas products and services to this customer base while F&M MAFCO continues to provide a wide range of rental and hardgoods offerings through their site services business model. I look forward to a prosperous future together.”
Quotes from Tim Fries, President & Chief Growth Officer, F&M MAFCO
Tim Fries, President & Chief Growth Officer of F&M MAFCO, expressed his confidence in AWG as the ideal choice for divesting their cylinder and bulk gas business. He highlighted AWG’s strong company culture and their commitment to growing the business, providing opportunities for personal and professional growth to their team members. Tim also mentioned that AWG will be a strategic partner for F&M MAFCO as they expand their “StrikeForce” site-specific management program across North America to support their capital construction clients.
Headquarters and Operations of AWG
AWG’s headquarters is located in Raleigh, NC, where the company oversees its operations and strategic initiatives. With 82 retail locations and 19 fill plants across the country, AWG has a significant presence and is able to serve customers from coast to coast. This extensive network allows for efficient production, distribution, and delivery of gases to meet the needs of various industries.
Headquarters and Operations of F&M MAFCO
F&M MAFCO is based in Cincinnati, Ohio, and operates in multiple locations across the United States, the United Kingdom, the U.S. Virgin Islands, and Canada. Their widespread presence enables them to provide tools, equipment, and services to customers in the construction and heavy industrial markets across different regions.
AWG’s Retail Locations and Fill Plants
AWG operates 82 retail locations and 19 fill plants, strategically positioned throughout the United States. These retail locations serve as convenient points of contact for customers who require a wide range of industrial, medical, and specialty gases. The fill plants ensure efficient production and distribution of gases, ensuring a reliable supply for customers across the country.
AWG’s Production and Distribution of Industrial Gases
As a leading producer and distributor of industrial gases, AWG is committed to delivering high-quality products to meet the needs of various industries. With a diverse portfolio of gases, including bulk gases, medical gases, specialty gases, beverage gases, cylinder gas, propane, and dry ice, AWG ensures that customers can find the specific gases they require for their operations. AWG’s production and distribution capabilities are backed by a strong commitment to safety, quality, and customer satisfaction.
F&M MAFCO’s Tool and Equipment Rental, Sales, and Service Programs
F&M MAFCO specializes in providing tool and equipment rental, sales, and service programs to the construction and heavy industrial markets. Their comprehensive offerings cover a wide range of industries, including power generation, manufacturing, petrochemical, bridges, marine and offshore, pulp and paper, and mining. F&M MAFCO’s tools and equipment are known for their quality and reliability, ensuring that customers can rely on them to get the job done.
Industries Served by F&M MAFCO
F&M MAFCO’s expertise in tooling, equipment, and services extends to various industries. They serve the construction and heavy industrial markets, including power generation, manufacturing, petrochemical, bridges, marine and offshore, pulp and paper, and mining. Their wide range of offerings allows them to support customers in different sectors, providing them with the tools and equipment they need for successful project execution.
Conclusion
The acquisition of F&M MAFCO’s industrial gas assets by AWG is an exciting development that strengthens our position as a leading producer and distributor of industrial gases. By combining the strengths of both companies, we are able to provide a comprehensive suite of products and services to our valued customers. We look forward to a prosperous future together, leveraging our expertise and resources to continue meeting the evolving needs of industries across the country.
Paul Dixon is a certified welder with a wealth of experience in welding and related technologies. He started his career as an apprenticeship in welding, where he learned the ropes and acquired extensive skills in the craft.
Over the years, Paul has continued to sharpen his expertise, earning him top-rated welding certification. He remains one of the most outstanding welders in the industry.
