Compressed Air Best Practices - October 2008 - (Page 7) Compressed Air Industry AUTOMOTIVE TRANSIT | 10/08 | Gardner Denver Acquires Best Aire Gardner Denver announced that it has acquired substantially all of the assets of Best Aire, Inc., a United States distributor of compressed air and gas products, serving the Ohio market through its headquarters in Millbury, Ohio, with additional distribution operations in Kalamazoo, Michigan and Indianapolis, Indiana. “Gardner Denver intends to increase its focus on aftermarket sales and service, including adding distribution channels, if necessary, to enhance our ability to better serve our end users worldwide,” said Barry L. Pennypacker, President and Chief Executive Officer of Gardner Denver. “I am very pleased to add Best Aire to Gardner Denver’s compressor operations in North America. This business provides a good base business in Ohio, Indiana and Michigan that will allow for expansion of product lines and aftermarket parts and service to a critical customer base in the Midwestern U.S.” For more information, visit www.gardnerdenver.com Pennsylvania Grant Program for Nitrogen Tire Inflation The General Assembly of Pennsylvania has passed legislature, which creates a $100,000 annual nitrogen tire inflation grant program. The grant program will be in effect during the fiscal years of 2008-2009 and 2010-2011. The program may award matching grants of up to 50% of the costs of purchasing and installing a nitrogen tire inflation system to automotive service providers who sell tires in Pennsylvania. Individual grants may not exceed $5,000 per nitrogen tire inflation system. Reference Senate Bill No. 22 Special Session No. 1 of 2007-2008. Amendment of Act (P.L.1376, No.178) For more information, visit www.legis.state.pa.us www.airbestpractices.com 7 http://www.gardnerdenver.com http://www.gardnerdenver.com http://www.legis.state.pa.us http://www.airbestpractices.com
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