Industrial gas distributor Maine Oxy has acquired an equity position in Pennsylvania-based Torco Supply Co., an industrial equipment supplier.
Announced today (3rd December), the news is part of a wider strategic partnership between the two US businesses.
For Maine Oxy, which has historically served much of New England, the deal expands its footprint into the Mid-Atlantic region.
The Mid-Atlantic region of the US covers the overlap between the Northeastern and Southeastern states. It takes in seven states: Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia and West Virginia, plus the nation’s capital, Washington, DC.
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