AWESCO Continues to Grow in a Competitive Marketplace

ALBANY, NY (03/07/2008)(readMedia)-- The recent announcement that Airgas, a national distributor of industrial, medical and specialty gas, had acquired Albany-based Northeast Gas Technologies has further highlighted the consolidation of the Capital Region’s gas distribution market. The news comes in a month in which AWESCO, now the Capital Region’s largest independent gas distributor, is preparing to expand.

“We are having so much growth,” said J. David Mahoney, the president and chief executive officer of AWESCO. “This consolidation is following a bigger trend, of national distributors grabbing up local, independent gas distributors. We have seen this before and we want to assure our customers that we are not going anywhere, to the contrary, we are preparing to announce significant expansion later this month.”

AWESCO has been locally owned, operated and invested in the Capital District and Hudson Valley Region for more than 68 years. With stores in Albany and Kingston, AWESCO is an independent distributor of Industrial, Medical and Specialty Gases that has a solid reputation of providing quality products, technical expertise and exceptional customer service.

In receiving a 2007 Excellence Award by the U.S. Small Business Administration, AWESCO was honored for its growth, increased revenue, increased staff as well as the company’s commitment to giving back to the community. In nominating AWESCO for the honor, the Albany-Colonie Regional Chamber of Commerce said, “AWESCO rose to the top and invested over $2 million of their money back into the company over two years. They look towards the future, creating jobs and always trying to make the Capital Region a better place.”

“We will continue to do what has always set us apart from our competition,” said Mahoney. “Delivering hands on quality and local service while at the same time providing our customers with the stability and security they have come to trust. In a constantly changing marketplace, the choice is clear.”

For more information on AWESCO, to go www.awesco.com.

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