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Iwatani acquires Aspen Air

The acquisition marks Japany-based Iwatani's entrance into US industrial gases.

Iwatani Corporation of America, a subsidiary of Japan’s Iwatani Corporation, has acquired Aspen Air, based in Billings, Montana, according to a press release.

Aspen Air is a manufacturer and distributor of bulk liquid industrial gases in Montana and surrounding states. It supports industrial and medical customers including those in the energy and chemicals sectors, hospitals, and packaged gases and independent distributor networks.

This acquisition marks Iwatani’s entrance into US industrial gasses.

Tom Harrison, Iwatani Corporation of America’s Vice President of Industrial Gases, will lead the Aspen Air Team. He has been leading Iwatani Corporation of America’s Specialty Gases business and Hydrogen Sourcing activities for the past 2 years and prior to that spent 32 years with Linde.

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