Airgas to raise prices
Airgas announced a plan to raise prices on bulk and packaged industrial gases and other products effective Oct. 1.
The increase will raise prices on bulk and packaged industrial, medical, and specialty gases 8% to 10% on average and on helium and argon 10% to 18%. The company will also continue to pass along 3% to 6% higher prices for welding hardgoods and safety products. Cylinder and bulk tank rental rates will increase 6% to 12% effective Sept. 1.
“We have experienced sustained inflationary pressures on our product and operating costs this year, and supply chain disruptions in certain products have resulted in higher distribution costs,” said Airgas president and chief executive officer Michael Molinini. “In addition, we continue to invest in our infrastructure and technologies in order to more efficiently meet our customers’ demands while fulfilling the safety and security requirements of our industry.”
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
