Airgas and Textron Sign Three-Year National Supply Agreement; Airgas to Provide Safety Products and Gases.Business Editors RADNOR, Pa.--(BUSINESS WIRE)--Feb. 7, 2002 Airgas, Inc. (NYSE NYSE See: New York Stock Exchange : ARG See argument. arg - argument ) has signed a three-year agreement with Textron Inc. (NYSE: TXT TXT Text TXT Text File (filename extension) TXT Textile TXT Teletext TXT Tecnologia per a Tothom TXT Textron Corporation (stock symbol) ) to supply cylinder gases and safety products to more than 100 U.S. locations. The agreement is part of the Airgas Strategic Accounts Program, which serves corporate customers requiring sole-source supply to multiple manufacturing sites across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Under the agreement, Airgas is the single-source supplier of personal safety products and industrial cylinder gases used in Textron's manufacturing process as well as specialty gases for testing purposes. "Textron's diverse aircraft, fastening systems and industrial manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. all share the need for a range of industrial and specialty gases, hardgoods and safety products that Airgas can provide," said Airgas Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Peter McCausland. "By participating in this national supply agreement, these operations leverage our range of products, our integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. , and the supply chain management strategies to deliver these needed products with greater efficiency." "The Textron enterprise procurement team is excited about our long-term relationship with Airgas and believes that we will realize tremendous value across the corporation," said Steve Harding, Director of Indirect Procurement for Bell Helicopter Bell Helicopter Textron is an American helicopter and tiltrotor manufacturer headquartered in Fort Worth, Texas. A division of Textron, Bell manufactures military helicopter and tiltrotor products in the United States (primarily in and around Fort Worth as well as in Amarillo, , a Textron company, and negotiator for the Textron team. "We are impressed with the flexibility and effectiveness of Airgas' eBusiness channels to automate our requisitioning process and reduce our processing costs, he continued. About Textron Textron Inc. is a $12 billion multi-industry company with more than 51,000 employees in 40 countries. The company leverages its global network of businesses to provide customers with innovative solutions and services in industries such as aircraft, fastening systems, industrial products, industrial components, and finance. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com. About Airgas, Inc. Airgas, Inc. (NYSE: ARG) is the largest U.S. distributor of industrial, medical and specialty gases, welding, safety and related products. Its integrated network of 700 locations includes branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also distributes its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion