Valley National Gases to buy Michigan gas distributor

Valley National Gases Inc., a supplier of industrial, medical and specialty gases and related equipment, said Monday it will acquire a Michigan industrial gases and welding supply distributor.

Washington, Pa.-based Valley National did not disclose the purchase price of Plymouth Wayne Welding Supplies, Inc., which has four locations in Southeastern Michigan and about $12 million in annual sales.

Valley National vice chairman and CEO William Indelicato said the deal works because both companies have operations in Northwestern Ohio and it opens the Southeastern Michigan market to Valley National. THe company operates 63 locations in 11 states, with eight production and distribution centers in the eastern United States.