Airgas Signs Two-Year National Agreement For Refrigerants with Greyhound Lines.Business Editors RADNOR, Pa.--(BUSINESS WIRE)--March 21, 2001 Airgas, Inc. (NYSE NYSE See: New York Stock Exchange :ARG See argument. arg - argument ) announced today that it signed a two-year national refrigerant re·frig·er·ant adj. 1. Cooling or freezing; refrigerating. 2. Reducing fever. n. 1. A substance, such as air, ammonia, water, or carbon dioxide, used to provide cooling either as the working substance of agreement with Greyhound Lines. The refrigerant gases will be used to service the air conditioning units of Greyhound Lines' 2,400-coach fleet at their 14 major garages and 28 service islands. "Airgas attracted Greyhound Lines' attention through its unique refrigerants Chemical refrigerants are assigned an R number(sometimes the label replaces it with the word Freon) which is determined systematically according to molecular structure. The following is a list of refrigerants with their R numbers, IUPAC chemical name, molecular formula, and CAS number. program that eliminates certain potential EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. liabilities by using 30-pound Refillable Cylinders and 125-pound Recovery Cylinders," commented Rudi Endres, president of Airgas Specialty Gases and Refrigerants. "Improper disposal of non-refillable cylinders can result in EPA fines of up to $25,000. Airgas offers an environmentally responsible program that saves both time and money, as there is no need to pull a vacuum or cut a hole in the cylinder and no harmful vapors are vented into the atmosphere. I commend our refrigerants sales team and their dedication to communicating this program to our customers." "The Airgas refrigerant program will eliminate the need for Greyhound Lines to purchase pallets of refrigerants and therefore lower our inventory costs," said Floyd Holland, senior vice president, operations, Greyhound Lines Inc. "Both companies' locations match up logistically and Airgas will stock inventory and deliver cylinders as needed as needed prn. See prn order. . We are pleased with the financial, logistical and environmental benefits that Greyhound will derive from its national account relationship with Airgas." About Airgas, Inc. Airgas, Inc. is the largest distributor of industrial, medical and specialty gases, and related equipment and one of the largest distributors of safety supplies in the United States. Airgas' integrated distributor network consists of approximately 700 locations, including branches, packaged gas fill plants, distribution centers, and inbound and outbound telemarketing operations. For more information on Airgas, please visit www.airgas.com. About Greyhound Lines Greyhound Lines is the largest North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. provider of intercity bus transportation, serving more than 3,700 destinations with 20,000 daily departures across the continent. The company also provides package and courier express service, charter and tour services and food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and at certain terminals Forward Looking Statements: This press release contains forward-looking statements about Airgas within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including statements regarding expected sales from the agreement with Greyhound Lines. These forward-looking statements involve risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statements include a change in economic conditions affecting the customer's ability to continue purchasing products from Airgas, increased competition and pricing factors. These and other risks are detailed from time to time in Airgas' periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-K for its fiscal year ended March 31, 2000. |
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