RADNOR, Pennsylvania, April 22, 1998 -- Airgas, Inc. (NYSE-ARG), announced today the appointment of James R. Rapp, Investor Relations Officer.
Dr. Rapp was formerly V.P. Corporate Relations at Hercules Incorporated where he retired at year end. During his 34 year career at Hercules, he served in various capacities, including research, corporate development, and general management. He was responsible for investor relations since 1990. "Jim brings to Airgas broad experience with the financial community as well as the industry", said Peter McCausland, CEO of Airgas. "His experience with the financial community will be especially valuable as we position Airgas for an even brighter future. We are pleased that he chose to join the Airgas team."
A native of Kansas, Dr. Rapp received a B.A. from Harvard College and a Ph.D. in Chemistry from Caltech.
Since April 1, 1997, Airgas has completed the acquisition of distributors with annual sales totaling $265 million, including 20 industrial gas distributors with sales of approximately $77 million, two industrial product distributors with sales of $106 million and six carbon dioxide distributors with sales of $82 million. Currently, the Airgas distributor network includes approximately 700 locations in 42 states, Canada and Mexico. Airgas is the largest distributor of industrial, medical and specialty gases and related equipment in North America. Airgas can be visited via the Internet at http:\\www.airgas.com.