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Airgas was founded in 1982 with the acquisition of a local distributor, Connecticut Oxygen.
In December 1986 Airgas made an initial public offering of stock, raising $5.5 million.
1987: McCausland becomes CEO of Airgas.
By January 1991 Airgas completed a total of 111 acquisitions and sales exceeded $300 million.
As an incentive to local success McCausland offered managers stock in the subsidiaries they operated; in 1992 the stock could be exchanged for Airgas stock based on the subsidiary's contribution to profits.
1992: After 120 acquisitions over ten years, Airgas approaches revenues of $400 million.
In the fiscal year ending March 31, 1996, the company reported sales of $838.1 million.
Features of the web site, launched in 1998, allowed prequalified buyers to browse the catalog, place orders, and check the status of shipments and accounts.
In early 2000 Airgas signed a five-year agreement to provide safety supplies to Boeing manufacturing facilities nationwide.
In March 2001, one year after Airgas introduced 30-pound and 112-pound cylinders of chlorofluorocarbon and hydrofluorocarbon refrigerant, Greyhound Lines signed a two-year agreement to purchase air conditioning refrigerant for its fleet of 2,400 buses.
In October 2002 the company launched its line of seven Gold Gas Premium Shielding Gases.
In late 2002 Airgas found new business in hydrogen and fuel services for commercial and industrial fuel users.
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|---|---|---|---|---|
| Cagwin & Dorward | 1955 | $68.4M | 35 | - |
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| Bert’s Rentals | - | $1.9M | 21 | - |
| Ferrandino & Son | 1993 | $123.8M | 350 | 5 |
| Basic Chemical Solutions, L.L.C | 1958 | $9.9M | 44 | - |
| British Traditions | - | $1.4M | 50 | - |
| Goodall Rubber | 1870 | $19.0M | 50 | - |
| Printing Images | 1978 | $5.2M | 50 | - |
| Dynamic Enterprises Inc | - | $9.2M | 30 | - |
| Corvus Janitorial | 1997 | $1.7M | 116 | - |
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