September 1, 2018 Member News
Wright Brothers, Inc. Announces New General Manager
Wright Brothers, Inc. announces Josh Jacob in the new role of General Manager. He is part of the team supporting both Wright Brothers, Inc. and Wright Brothers Global Gas, LLC. Josh previously worked in Boston with Restaurant Technologies and has recently returned home to Cincinnati. He is a graduate of the University of Cincinnati and worked at CIMCOOL and Milacron before moving to Boston.
Tech Air Announces Acquisitions of Speed Industrial Supply, Leeper Brothers, and Colorado Distributing
Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases and related equipment and supplies, announced today that it has acquired Speed Industrial Supply of Kemah, Texas. Speed is a distributor of industrial and welding supplies serving the Galveston Bay area near Houston, Texas. The add-on acquisition of Speed is Tech Air’s 26th add-on acquisition under CI Capital’s ownership.
Myles Dempsey, Jr., Chief Executive Officer of Tech Air, said, “Speed has a well-established reputation and strategic value in the attractive Galveston-Houston area and we look forward to building on this acquisition in the region. Colorado Distributing builds upon our growth strategy in that state and strengthens our service offerings. The acquisition of Leeper Brothers greatly enhances our position in Southern California, and we are excited to have added medical gas to our business mix. We welcome these teams to Tech Air and we look forward to supporting their continued success.”
Chart Announces Base Price Adjustments on Bulk Storage and Packaged Gas Equipment
Chart Industries, Inc. announced that base prices on its bulk storage tanks, packaged gas products and beverage bulk CO2 systems are being increased.
Chart officials pointed out that product costs have escalated since the last published base price adjustment in April 2018. As a result, base pricing will be increased by 4% for most products effective for orders placed on or after September 1, 2018.