PRAXAIR AND UNITED PROCESS CONTROLS ANNOUNCE STRATEGIC PARTNERSHIP
(NYSE: PX) and United Process Controls Inc. (UPC), a provider of industrial furnace controls and process automation solutions, announced a new collaboration that combines the core competencies of each company into a comprehensive offering for heat-treatment customers. Customers will have access to Praxair’s gases, application technologies and supply systems, along with UPC’s portfolio of specialized industrial flow measurement and atmosphere control products. This continues the long-standing relationship between Praxair and Atmosphere Engineering Company, now a member of UPC.
The combined capabilities of the two companies will bring more end-to-end technologies for a broad spectrum of batch and continuous heat-treating processes such as carburizing, carbonitriding, neutral hardening, annealing, gas quenching and heat-treatment applications under vacuum. “The automotive and aerospace industries continue to expand requirements for heat treating,” said Steve Mueller, Praxair’s Associate Director of Business Development for Metals and Materials Processing. “We have a team approach in place, combining Praxair’s process know-how and expertise in industrial gases with United Process Controls’ specialized products. Together we meet customers’ requirements for high-quality heat treating with reproducible standards in their furnace operations.” “This strategic agreement with Praxair reflects our commitment to offer the heat-treating industry a complementary and evolving portfolio of innovative technologies that help drive process efficiency and reliability. We look forward to working closely with Praxair in the coming years, as we strive to further increase our presence in North America,” said Paul Oleszkiewicz, President, UPC.
Praxair, Inc. is a leading industrial gas company in North and South America and one of the largest worldwide. With market capitalization of approximately $40 billion and 2017 sales of $11 billion, the company employs over 26,000 people globally and has been named to the Dow Jones® World Sustainability Index for 15 consecutive years. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high performance surface coatings. Our products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. For more information about the company, please visit our website at www.praxair.com
United Process Controls Inc. provides process control, flow control, and automation solutions to furnace OEMs and customers with thermal processing equipment and operations. The company is comprised of five brands – Atmosphere Engineering, Furnace Control Corporation, Marathon Monitors, Process-Electronic, and Waukee Engineering – with products ranging from probes, analyzers, flow meters, programmable controllers, and generator mixing control systems, SCADA to complete turnkey systems. www.group-upc.com