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  September 5, 2001
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Home > Company Index > Manufacturing > Industrial Products Distribution > Valley National Gases Incorporated

Valley National Gases Incorporated
AMEX: VLG
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 PROFILE
Gas at Valley National Gases (VNG) is no laughing matter. The company deals in specialty gases and welding products. It packages and distributes a variety of gases such as oxygen, nitrogen, and argon. The gases have uses from sterilization of medical devices to welding. Packed in pressurized cylinders, the gases are delivered from about 60 locations to residential, industrial, and medical customers. The company also sells welding machines and related equipment. VNG supplies independent distributors in 10 midwestern and mid-Atlantic states. The company has contributed to the consolidation trend in the packaged gas industry by purchasing other distributors. Chairman Gary West owns about 75% of the company.

 COMPETITION
Air Products and Chemicals, Inc. (APD)
Airgas, Inc. (ARG)
L'Air Liquide SA (AIQUY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 126.10
1-Yr. Sales Growth: 23.3%
Employees: 660
Revenue per employee: $191,060.61

 KEY PEOPLE
• Lawrence E. Bandi
    CEO
• Robert D. Scherich
    CFO

 CONTACT INFO
67 43rd St.
Wheeling, WV 26003
US
Phone: 304-234-4460
Fax: 304-233-2812
Online: Web Site

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