Air Water America

What Air Water America does

Air Water America Inc. is the U.S. operating subsidiary of Japanese industrial gas conglomerate Air Water Inc. (founded 1929, ~$7.2B consolidated revenue, 20,000+ global employees). Headquartered in Bedminster, NJ, the company runs an integrated industrial-gas platform organized into three divisions: a Gas Solutions Division (AWGS) that designs, builds, and operates Air Separation Units under long-term offtake agreements; a Cryogenic Equipment Division comprising Taylor-Wharton, TOMCO Systems, M1 Engineering, and Phasetwo — manufacturers of cryogenic storage tanks, CO2/dry-ice equipment, cryogenic trailers, and life-sciences freezers; and an Industrial & Packaged Gas Division delivering helium, welding gases, and dry ice through American Gas Products (28-state helium network), Phoenix Welding Supply (6 Arizona branches), and Noble Gas Solutions (4 New York branches).

The underlying technology stack includes ASU design and operation; cryogenic liquefaction, storage, and transport via Taylor-Wharton heritage IP; patented TOMCO Pressurized Solution Feed (PSF) wastewater treatment; GenH2 zero-loss liquid hydrogen storage based on NASA's IRaS architecture; M1 Engineering bimetallic CARRYMORE cryogenic trailers with 800kg payload advantage; and modular PSA/VSA on-site gas generators. The company holds multiple wholly-owned subsidiaries across 17 disclosed U.S./UK facilities and operates e-commerce storefronts and retail showrooms.

Air Water America generates revenue through five streams: industrial gas production and supply (subscription-style recurring contracts including 20-year ASU offtakes), cryogenic equipment manufacturing and sales, ASU project engineering and construction, dry ice production and distribution, and equipment rental. The go-to-market combines enterprise field sales for large ASU projects and pipeline supply with a multi-subsidiary distributor network serving SMB and mid-market customers. Customer segments include healthcare and life sciences, semiconductors and electronics, clean energy and hydrogen, water treatment, food and beverage, agriculture, and welding and fabrication. Major enterprise customers include RED Rochester (20-year nitrogen offtake), Sandpiper Chemicals (purpose-built ASU for 1.1 million tons/year blue methanol), FirstElement Fuel ($50M equity partner), and the Town of Queen Creek (CO2 injection system).

Name

Air Water America

Legal name

Air Water America Inc.

Website

https://airwateramerica.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Air Water America is the U.S. subsidiary of Japanese industrial gas conglomerate Air Water Inc., operating an integrated platform spanning air separation unit design, cryogenic equipment manufacturing (Taylor-Wharton, TOMCO, M1, Phasetwo), and industrial/welding/helium gas distribution (AGP, Phoenix Welding Supply, Noble Gas Solutions) to serve enterprise and SMB customers across healthcare, semiconductors, hydrogen, and manufacturing.

Ownership category

akta.pro rank

Product category

Industrial Gas Supply and Cryogenic Equipment Manufacturing

akta.pro primary industry

Cryogenic Liquids & Distribution (IMAEACAK)

Keywords

• Industrial gas supply
• Cryogenic equipment manufacturing
• Air separation units
• Liquid hydrogen storage
• Helium distribution

Headquarters

HQ city

Osaka

HQ country

Japan

HQ region

Asia

Offices18 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Gas Production & Supply: Revenue from producing and supplying industrial gases including oxygen, nitrogen, argon, helium, hydrogen, CO2, acetylene, and specialty gases through bulk deliveries, pipeline supply, and cylinder/microbulk distribution. Includes long-term supply agreements (e.g., 20-year ASU contracts) and merchant gas sales.
2. Cryogenic Equipment Manufacturing & Sales: Revenue from designing, manufacturing, and selling cryogenic storage tanks, trailers, CO2 systems, dry ice equipment, hydrogen fuel stations, and liquid hydrogen transport equipment through Taylor-Wharton, TOMCO Systems, M1 Engineering, and Phasetwo brands.
3. ASU Project Engineering & Construction: Revenue from designing and building air separation units (ASUs) and turnkey industrial gas plants for customers under long-term supply agreements. Projects include the Rochester, NY ASU (multi-million-dollar investment) and Texas City, TX blue methanol ASU.
4. Dry Ice Production & Distribution: Revenue from manufacturing and distributing dry ice pellets and blocks produced at company facilities in Albany, NY and Phoenix, AZ. Sold to food processing, pharmaceutical, logistics, and industrial cleaning customers.
5. Gas Equipment Rental: Revenue from rental equipment including welding machines, plasma cutters, and CO2/bulk gas systems offered through subsidiaries like Noble Gas Solutions.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

Air Water America produces and supplies industrial gases (oxygen, nitrogen, argon, hydrogen, helium, CO2, acetylene, and specialty/rare gases) via air separation units (ASUs) and pipeline supply, and designs and manufactures cryogenic storage tanks, transport trailers, CO2 and dry ice equipment, hydrogen fuel stations, and life-sciences cryogenic freezers through its Taylor-Wharton, TOMCO Systems, M1 Engineering, and Phasetwo equipment brands. Its subsidiaries deliver packaged cylinder, microbulk, dry ice, and welding-gas products locally through Phoenix Welding Supply, Noble Gas Solutions, and American Gas Products.

Differentiator

Problem solved

Functional benefit

Brands

• American Gas Products (AGP): National supplier of helium and industrial gases, operating throughout the continental United States
• Phoenix Welding Supply
• Noble Gas Solutions
• TOMCO Systems
• Taylor-Wharton
• M1 Engineering
• Phasetwo
• Phasetwo CCS

Products and services

• Industrial Gas Production & Liquefaction (AWGS Air Separation Units) Design, engineering, construction, ownership, and operation of air separation plants (ASUs) producing high-purity oxygen, nitrogen, and argon under long-term supply agreements (e.g., 20-year contracts) for enterprise industrial and chemical customers such as RED Rochester and Sandpiper Chemicals.
• Dry Ice Production & Distribution Manufacturing and distribution of dry ice pellets and blocks produced at facilities in Albany, NY and Phoenix, AZ, sold to food processing, pharmaceutical, logistics, and industrial cleaning customers.
• Cryogenic Storage & Transport Equipment (Taylor-Wharton, M1 Engineering) Design and manufacture of stationary cryogenic storage tanks, LH2 bulk tanks, cryogenic semi-trailers, microbulk rigid units, and tank containers used for industrial gas, hydrogen, LNG, and life sciences applications. Taylor-Wharton's heritage traces to 1742; M1 Engineering has 45+ years of cryogenic distribution equipment experience.
• CO2 & Dry Ice Equipment (TOMCO Systems) CO2 and dry ice equipment including TOMCO's patented Pressurized Solution Feed (PSF) system for industrial water treatment / aquatics pH control, plus fire suppression systems and pathogen management platforms. Convert CO2 into carbonic acid for precise, low-chemical pH adjustment.
• Zero-Loss Liquid Hydrogen Storage System (Taylor-Wharton + GenH2 RS1500 Controlled Storage Tank) Liquid hydrogen bulk storage tank system co-developed with GenH2 that eliminates transfer and daily boil-off losses for hydrogen refueling infrastructure and clean-energy applications.
• Bimetallic CARRYMORE Cryogenic Oxygen Semi-Trailer (M1 Engineering) Cryogenic distribution trailer with bimetallic construction for oxygen logistics; delivers 800 kg additional payload over standard stainless-steel trailers and supports high-pressure pumping up to 35 Bar.
• Phasetwo Cryogenic Storage & Freezing Systems for Life Sciences LN2 dewars, stainless steel and aluminum cryogenic freezers, controlled rate freezers, blast freezers, and cryoshippers designed for biotechnology, biobanking, IVF, dermatology, cell and gene therapy applications.
• Industrial Gas Supply (Oxygen, Nitrogen, Argon, CO2, Acetylene, Compressed Air, Hydrogen, Helium) Bulk, microbulk, cylinder, and pipeline supply of industrial gases via subsidiaries American Gas Products, Phoenix Welding Supply, Noble Gas Solutions, and Air Water Gas Solutions, complemented by long-term supply agreements and on-site generation.
• Rare & Specialty Gases (Helium, Ammonia, Nitrous Oxide, NF3, Xenon, Carbon Monoxide, Ethane, Propane, Methane, SF6) Ultra-high-purity specialty gases for semiconductor and electronics manufacturing (helium, hydrogen, ammonia, nitrous oxide, nitrogen trifluoride, xenon), as well as chemical and medical applications. AGP supplies helium from well sources and filling stations in 28 states.
• On-site Modular PSA Nitrogen and VSA Oxygen Generators Modular on-site gas generation systems using Pressure Swing Adsorption (PSA) for nitrogen and Vacuum Swing Adsorption (VSA) for oxygen, enabling point-of-use supply independent of delivered product.
• Welding Equipment, PPE, and Rental Sales and rental of welding machines, plasma cutters, PPE, consumables, and CO2 / bulk gas systems through Phoenix Welding Supply and Noble Gas Solutions, including e-commerce ordering via shop.phxwelding.com.

Quantifiable outcome

• CO2 injection system reduced Town of Queen Creek aquatics chemical costs by $1,033 per month with 77% reduction in sodium bicarbonate usage and 44% reduction in acid usage
• +2 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Sandpiper ChemicalscoreStrategic or Co-development Partner · 9 December 2025Sandpiper Chemicals selected Air Water Gas Solutions as its presumptive industrial gases supplier for its Texas City, TX blue methanol facility. Air Water will design, build, and operate a purpose-built air separation unit to supply oxygen, nitrogen, and instrument air to the facility producing 1.1 million metric tons per year of blue methanol. Sandpiper's team has developed chemical and petrochemical projects worldwide.
• GenH2coreStrategic or Co-development Partner · 1 February 2025Taylor-Wharton (subsidiary of Air Water America) partnered with GenH2 in February 2025 to integrate GenH2's Controlled Storage technology into Taylor-Wharton's Liquid Hydrogen (LH2) bulk storage tanks. The joint solution eliminates 20-40% hydrogen losses from boil-off during transfer, storage, and dispensing. The RS1500 Controlled Storage Tank System was co-developed and showcased at the Hydrogen Technology Expo North America in June 2025.
• Mitsui & Co., Ltd.minorStrategic or Co-development PartnerAir Water Inc. (parent company of Air Water America) has a strategic alliance with Mitsui & Co., Ltd. Mitsui participated alongside Air Water in equity participation in FirstElement Fuel, Inc. ($105M preferred share round).
• RED Rochester, LLCcoreChannel Partner/ Reseller/ DistributorAir Water Gas Solutions signed a 20-year agreement with RED Rochester to supply nitrogen for its Eastman Business Park pipeline in Rochester, NY. Air Water will deliver high-purity nitrogen from a new ASU within EBP, also serving the wider New York and northeastern U.S. merchant liquid market with nitrogen, argon, and oxygen. RED Rochester is a utility company serving tenants within Eastman Business Park.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat6 records

Customer concentration

• LinkedInlinkedin.com/company/air-water-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Air Water America