Air Products Offers To Acquire Airgas

Air Products Offers To Acquire Airgas

There are 20 comments on the WFMZ story from Feb 5, 2010, titled Air Products Offers To Acquire Airgas. In it, WFMZ reports that:

LEHIGH VALLEY, Pa.; -- One of the Lehigh Valley's largest employers is trying to become the largest company of its kind in the country.

Join the discussion below, or Read more at WFMZ.

K in PA

Bethlehem, PA

#1 Feb 5, 2010
A hostile take over? How nice.

Since: Jul 08

Location hidden

#2 Feb 5, 2010
K in PA wrote:
A hostile take over? How nice.
You don't hear about these too often, and it's happening in our backyard. Should be interesting. I wonder what the reasons are.
Employeed

Lansdowne, PA

#3 Feb 6, 2010
I heard the news report and the only thing coming out of this is LAYOFFS! How else are they going to save the millions they say this takeover will save the "one" company. And thanks for the township representative so happy to see her citizens get FIRED just because some company wants to be the biggest.
the eternal skeptic

United States

#4 Feb 6, 2010
I don't know where they got the money for this..since they have had layoffs in the last several years...
APCI_Short_Timer

Philadelphia, PA

#5 Feb 6, 2010
As someone about to be laid off from Air Products when my gets outsourced to India, I want to know how Air Products Management reconciles a 5 Billion dollar spending spree with cutting loose thousands of employees between the first of the year and April.

The internal announcements paint the layoffs as a response to an expected long term recession. Somehow that doesn't ring true with recent earnings announcements and the recently announced spending binge.

Are we being rolled over on to free up capital for corporate excess?

Well, if nothing else, this should answer any questions reporters might have about the purchase creating jobs in the Lehigh Valley. My guess is no! I hope Air Products management doesn't come off sounding like hypocrites by hinting that it will be a good thing for anybody but them!

And they want to chide us about maintaining professionalism while we train our replacements to do our jobs? Please, you're professionals, smile while you are being asked to dig your own grave!
professor

Easton, PA

#6 Feb 8, 2010
Corporate greed they don't care about their workers. All they care about is lining their pockets with money at the expense of the working class people.
professor

Easton, PA

#7 Feb 8, 2010
Employeed wrote:
I heard the news report and the only thing coming out of this is LAYOFFS! How else are they going to save the millions they say this takeover will save the "one" company. And thanks for the township representative so happy to see her citizens get FIRED just because some company wants to be the biggest.
They don't care it's all about profit and the toes they can step on.
Liars

Allentown, PA

#8 Feb 8, 2010
Funny they have the money for a hostile takeover but had to lay off hundreds of workers. And these are the kinds of companies you worship. Channel 39 produced a documentary at public expense about these corporate raiders. Be proud Lehigh Valley you are bought and paid for.
Analyst and X- AP

San Diego, CA

#9 Feb 16, 2010
It's all about profit boys. AirGas is the LARGEST gas distributor in the US and just a few years ago, they obtained the majority of Air Products cylinder business. Now I guess that business is looking better than they expected and under AirGas' management it's probably even better than when they gave it up a couple of years ago. I do believe that jobs will ultimately be lost. Rationalization, then Acquisition,followed by Consolidation - it's always this way.
LSR
professor

Easton, PA

#10 Feb 17, 2010
Analyst and X- AP wrote:
It's all about profit boys. AirGas is the LARGEST gas distributor in the US and just a few years ago, they obtained the majority of Air Products cylinder business. Now I guess that business is looking better than they expected and under AirGas' management it's probably even better than when they gave it up a couple of years ago. I do believe that jobs will ultimately be lost. Rationalization, then Acquisition,followed by Consolidation - it's always this way.
LSR
How much profit does one company need.Can't beat your competition just buy them out.Just Ap throwing their big fat pocketbook around.
Desi

Houston, TX

#11 Mar 6, 2010
It's called "American Greed"........
NoNameCompetitor

Lafayette, CO

#12 Mar 8, 2010
been there done that,

anaylst had it right

"Rationalization, then Acquisition,followed by Consolidation - it's always this way."
J-Dub

Millbrae, CA

#13 Mar 31, 2010
I remember when AP sold the cylinder gas business to Airgas. They were going to take that money and invest in the Home Healthcare business delivering oxygen. I sold Medical Gases for Airgas at the time and a former AP Manager (who worked for Airgas & still had AP Stock) asked me if it was a good move by AP. I told him "No!". The government was squeezing the reimbursement and it would be difficult for AP to make it work. Sure enough I read that they got out of the Home Care business. Now they want to buy Airgas!
Airgas is no peach either. One year we went with out with out a measly 3% raise so that they could pay the stockholders a dividend. Guess who is the largest stockholder? Peter McCausland!
Airgas Employee

Minden, LA

#15 Jun 15, 2010
yea i work at Airgas Midsouth division also we have gone without our weak little 3% in 2009 yea that peter is a crook he wears too many bowties too
Que

Allentown, PA

#16 Jun 15, 2010
APCI_Short_Timer wrote:
As someone about to be laid off from Air Products when my gets outsourced to India, I want to know how Air Products Management reconciles a 5 Billion dollar spending spree with cutting loose thousands of employees between the first of the year and April.
The internal announcements paint the layoffs as a response to an expected long term recession. Somehow that doesn't ring true with recent earnings announcements and the recently announced spending binge.
Are we being rolled over on to free up capital for corporate excess?
Well, if nothing else, this should answer any questions reporters might have about the purchase creating jobs in the Lehigh Valley. My guess is no! I hope Air Products management doesn't come off sounding like hypocrites by hinting that it will be a good thing for anybody but them!
And they want to chide us about maintaining professionalism while we train our replacements to do our jobs? Please, you're professionals, smile while you are being asked to dig your own grave!
Thank your Democrats and Republicans (in alphabetic order not order of hate) both for the shameful H1b work visa crisis. A million new jobs could be added tomorrow if we'd revoke all of those work visas that resulted in Americans being layed off.

It's the same in any white collar business. A sea of foreigners fresh out of school replacing Americans.

Diversity votes for the dems, cheap labor for the pubs.

Save your speeches they both are whores.

Since: Jul 08

Location hidden

#17 Jun 17, 2010
professor wrote:
Corporate greed they don't care about their workers. All they care about is lining their pockets with money at the expense of the working class people.
You got it. It's a darn shame that greed has taken over, not just in business, but everywhere. Then we have the govt. representatives doing the same things. I learned a long time ago that material things are not necessary in life. What's the old saying? "Money is the root of all evil."
Arizona

Reading, PA

#18 Jun 17, 2010
RSD Survivor wrote:
<quoted text> You got it. It's a darn shame that greed has taken over, not just in business, but everywhere. Then we have the govt. representatives doing the same things. I learned a long time ago that material things are not necessary in life. What's the old saying? "Money is the root of all evil."
Material things are not necessary? I dare you to try to live without them....

Since: Jul 08

Location hidden

#19 Jun 21, 2010
Arizona wrote:
<quoted text>
Material things are not necessary? I dare you to try to live without them....
Can you read? I said they're not necessary. I live within my means and taught my kids the same.Again, I said they're not necessary. What a stupid comment.
Food, water, a home, religion, morals,etc. These are NECESSARY. Material things are "extra." I don't drive a car because of the brand name(BMW for example), I drive it because it gets me from point A to point B is good on gas and can be repaired without spending a on of $ on it.
Material things are nice- but not necessary.
"I dare you to try to live without them."
Of all the things to comment on-you say this. Shows what is important to you.
TOPIX is a place to comment on particular stories, not be a troll and start trouble by saying stupid things just to say something.
Arizona

Reading, PA

#20 Jun 21, 2010
RSD Survivor wrote:
<quoted text> Can you read? I said they're not necessary. I live within my means and taught my kids the same.Again, I said they're not necessary. What a stupid comment.
Food, water, a home, religion, morals,etc. These are NECESSARY. Material things are "extra." I don't drive a car because of the brand name(BMW for example), I drive it because it gets me from point A to point B is good on gas and can be repaired without spending a on of $ on it.
Material things are nice- but not necessary.
"I dare you to try to live without them."
Of all the things to comment on-you say this. Shows what is important to you.
TOPIX is a place to comment on particular stories, not be a troll and start trouble by saying stupid things just to say something.
I dont think you got my comment quite right. I know a car is a material possession. Try to live without it. Go ahead. I dare you. I don't care what brand it is, it's a material possession and you couldn't live without one. And if you took a ride from someone with a car and refused to own one, you would be a hypocrite. And the computer you are using, the desk it's on, the chair you are sitting on. Go ahead, throw those out. You want to call me out for a stupid comment, throw out all of your material possessions they are not necessary.

Of course they are necessary. Get over yourself. My comment was not to start trouble, it was more along the lines that material possessions are quite necessary these days.
Freddy

Murfreesboro, TN

#21 Feb 1, 2011
Holston Gases is stealing cylinders from Air Products.

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