Airco Gases, Inc. announces the formation of Big 3 Gas and Supply, LLC., a subsidiary company structured to facilitate aggressive expansion through organic growth strategies and targeted acquisitions. Marvin Rodgers, III, president of Airco Gases notes that “too often in the process of consolidation in our industry, the choice for owners wishing to take some risk off the table is binary, and requires a complete divestiture of their company accompanied by significant cultural change for their operations. Big 3 allows owners desiring one, an opportunity to remain engaged and invested in the business and to perpetuate the customer centric values that built their operations.” Rodgers adds, “secondarily, typical corporate structures in our industry make it difficult to reward key employees with direct equity that provides a long term incentive for their efforts. Big 3’s structure is optimized to address these opportunities as well as to support direct capital investments that can support organic growth.”
Concurrent with the formation of Big 3 Gas and Supply, LLC., Big 3 is announcing the completion of their first acquisition, Welders Warehouse Corporation, with locations in Dallas and Waxahachie, TX. According to Rodgers, Welders Warehouse is a well established local company with an excellent reputation for customer service. Longtime partners at Welders Warehouse, Harold Bredemeier and Gary Varner will retain an investment in Big 3, and will be actively engaged in managing the business. To support organic expansion goals, Big 3 will initially be investing in adding additional staff to the Welders Warehouse team to drive growth in the DFW Metroplex.