|
Central Welding Supply Purchases D & B Welding Supply of
Renton, WA
Download
Renton Opening Announcement
September
13, 2007, Smokey Point, WA - Central Welding Supply
is pleased to announce the acquisition of D & B Welding
Supply in Renton, WA. Operation at this newest
location are scheduled for opening on October 1, 2007.
The purchase of D & B will expand
Central Welding Supply's reach to a total of 11 locations
and 4 divisions in the Puget Sound region. Founded in 1965
by Dennis Spiry, and owned and operated most recently by his
son Tim Spiry, D & B has a long history of solid and
dependable local customer service and will be a great fit
with Central Welding Supply's Puget Sound Area operations.
Besides the business and assets acquisition, the purchase
also includes D & B's building and property located at 1200
Union Ave NE, Renton, WA, which beginning October 1st will
operate as the Central Welding Supply Renton Branch. This
acquisition is expected add between $1.2M and $1.5M annually
in additional revenues, including sales of welding equipment, safety and industrial supplies, equipment rental,
industrial and specialty gas sales, and cylinder rental.
This is a unique opportunity for Central Welding Supply to
enhance service in the growing Renton, WA area, and increase
its existing east-side and south-sound customer base. Though
there is still much to accomplish through this transition,
we feel confident that we will meet these challenges, provide great Central Welding Supply customer service, and
set the groundwork for a long and mutually beneficial relationship with our new customers.
###
Central Welding Supply Company
Central Welding Supply has been in business since 1975 and
is locally owned and operated by the Wilton family. With
revenues approaching $35M annually, Central provides welding
equipment and accessories to customers via its multiple
Puget Sound Area locations, serving King, Snohomish, Pierce,
Skagit and Whatcom counties, as well as the Olympic Peninsula, and the south Sound and other regions including
British Columbia Canada, southeast Alaska, and the Alaskan
Aleution islands via an expansive network of dealers and
distributors. In 2003 the company launched three new wholly-owned divisions of Central Welding Supply - The
Xpress Cryogenics division, based in Seattle, Washington
serving cryogenic bulk and specialty gas customers, Welders-Direct, an internet sales division devoted to
providing welding equipment to home-hobbyists and small
businesses throughout the United States, and its Equipment
Rental Division, based in Issaquah Washington, serving the
rental needs of contractors and industry in the region.
For more information about the Company, becoming a
dealer/distributor in your region, or for available positions within the organization please contact:
Dale Wilton, Vice President
Central Welding Supply Co Inc
PO Box 116
N. Lakewood, WA 98259-0116
Office 360 651-2307
Mobile 425 508-6404
Email dalewilton@centralwelding.com
Additional Information is available at:
www.centralwelding.com
www.xpresscryogenics.com
www.welders-direct.com
|