Scott-Gross Company, Inc and American Welding & Gas, Inc. Announce Strategic Combination

Oct
22
2014
Scott-Gross Company, Inc. announced it is joining forces with American Welding & Gas, Inc. to create one of the largest independently owned Industrial, Medical, Specialty Gas, and Welding Supply distributors in the U.S.
 
Scott-Gross Company is headquartered in Lexington, Kentucky, and operates 34 locations in 11 states. The transaction includes the Thoroughbred Industrial Cylinder Exchange Company, launched by Philip Scott in 2003. American Welding & Gas, Inc. is headquartered in Billings, MT., and operates 40 welding locations and five propane locations in 8 states.
 
Philip Scott and George Golliday will join Ron Adkins on the American Welding & Gas, Inc. Board of Directors. Ron Adkins will become President Emeritus, and George Golliday will become President and CEO of Scott-Gross Company, Inc. and American Welding & Gas, Inc.
 
Scott-Gross Company, Inc. CEO Philip Scott said, “this announcement is a milestone in the proud history of our family’s business." Scott-Gross Company, Inc. was founded in 1947 in Paris, Kentucky, by Woodrow Scott and William Gross. Additionally, Scott said, "Our transaction with American Welding & Gas creates a stronger, more appropriately integrated provider of superior product and excellent service. This combination creates real value for our team members, our customers, as well as our vendors and supplier partners".
 
Golliday commented: "The Combination of AWG and SG will create an excellent opportunity to expand our "Best in Class" experience for our customers and employees. Both companies have excellent, loyal employee bases with cultures of exceeding customer expectations. The combination of locations, geographies, and expanded resources will complement the already excellent value our customers have experienced for many years. "
 
Ron Adkins, President of American Welding & Gas, Inc., founded in 1948, stated: "To combine two outstanding companies such as Scott-Gross Company and American Welding & Gas, Inc., will create unparalleled opportunities for our teammates and customers. AWG looks forward to joining forces and working with the Scott-Gross group.
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