Indiana Oxygen Company

What Indiana Oxygen Company does

Indiana Oxygen Company is a privately held, family- and veteran-owned industrial gas and welding supplies distributor founded in 1915 and headquartered in Indianapolis. The company manufactures and distributes industrial gases (oxygen, nitrogen, argon, helium, acetylene, carbon dioxide, hydrogen, specialty blends), medical gases, specialty/laboratory gases, and propane, alongside welding equipment, consumables, and safety gear from leading brands including Miller, Lincoln Electric, ESAB, and Hypertherm. It also designs and installs custom bulk gas storage, MicroBulk, robotic welding, and laser gas systems, supported by a state-of-the-art automated specialty gas fill plant capable of 1-gram blending precision—described as the only such facility in the state—and a cylinder tracking system. Revenue is generated through transactional gas and equipment sales, quote-based pricing, recurring bulk/MicroBulk supply contracts with telemetry-enabled auto-replenishment, custom system design and installation projects, and propane distribution at capacities from 20-lb tanks to 10,000-gallon industrial units. The company reaches customers through a 14-branch network across Indiana and Ohio, a company-owned fleet (tube trailers up to 250,000 ft³, bobtails, metered propane transports), a B2B e-commerce portal, and a dedicated welding supplies sub-brand (WeldingSuppliesFromIOC). Its customer base spans 12+ verticals including construction and infrastructure (500+ accounts), manufacturing and metal fabrication, life sciences and healthcare (hundreds of accounts), automotive (including Subaru), motorsports (including Indianapolis Motor Speedway since 1915), aerospace and defense, energy, food and beverage, agriculture, government and municipalities, R/V and trailer manufacturing, and universities and research.

Name

Indiana Oxygen Company

Legal name

Indiana Oxygen Company, Inc.

Website

https://indianaoxygen.com

Company type

Private

Founded year

1915

Operating status

Operating

Headcount range

101–250 employees

Short description

Indiana Oxygen Company is a privately held, family- and veteran-owned industrial gas and welding supplies distributor founded in 1915, operating 14 branches across Indiana and Ohio to serve manufacturing, healthcare, construction, automotive, and other industrial customers with gases, equipment, and custom bulk systems.

Ownership category

akta.pro rank

Product category

Industrial Gas Distribution

NAICS

Industrial Gas Manufacturing (32512), Chemical Manufacturing (325)

SIC

Wholesale-Industrial Machinery & Equipment (5084), Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (5070)

akta.pro primary industry

Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL)

akta.pro secondary industries

Welding & Cutting Gases (IMAEACAH), Oxygen Therapy Systems (Concentrators, Cylinders, Liquid O2, HFNC) (HLAHAGAD), Industrial Gases Logistics (Compressed/Cryogenic; Class 2) (TLAIAJAH), Food & Beverage Gases (Carbonation/Freezing/Packaging) (IMAEACAI), Process Gases & Gas Delivery Consumables (Specialty/Bulk/UHP) (HDAHAGAL)

Keywords

• Industrial gas distribution
• Welding equipment supply
• Medical gas services
• Specialty gas filling
• Bulk gas delivery

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Gas Sales: Sale of industrial gases including oxygen, nitrogen, helium, argon, acetylene, carbon dioxide, specialty gases, medical gases, and propane. Includes high-volume cylinders up to 6,000 psi and liquid gases.
2. Welding Equipment and Safety Products: Sale of welding equipment, consumables, and safety gear from major brands including Miller, Lincoln Electric, ESAB, Hypertherm, and others. Products range from weekend warrior equipment to automated robotic welding solutions.
3. Bulk Gas Delivery Systems: Design, installation, and supply of bulk storage systems and MicroBulk systems. Includes custom system design and turnkey approach for highest performance at lowest operating costs.
4. Propane Distribution: Propane distribution from 20-lb tanks to 10,000-gallon industrial tanks. Includes temporary heating solutions and bulk propane system design and installation.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Indiana Oxygen Company manufactures and distributes industrial, laboratory, and medical gases (oxygen, nitrogen, helium, argon, acetylene, carbon dioxide, hydrogen, specialty blends, propane) and supplies welding equipment, consumables, and safety gear. Operating 14 branches across Indiana and Ohio, the company provides custom bulk gas system design and installation, MicroBulk telemetry-monitored storage, and robotic/laser welding system integration as a regional one-stop shop.

Product overview

Indiana Oxygen Company is a veteran-owned industrial gas and welding equipment distributor founded in 1915, serving Indiana and surrounding states. The company operates as a single unified offering combining gas supply (Industrial Gas, Specialty Gases, Medical Gases, Propane) with equipment products (Welding Products, Safety Gear) and system services (Bulk Gas Delivery and System Design, MicroBulk Systems, Robotic and Laser System Design). The portfolio centers on distributing gases and welding equipment from manufacturer brands, complemented by custom system design and installation services. Indiana Oxygen functions primarily as a regional distributor rather than a technology platform.

Differentiator

Problem solved

Functional benefit

Brands

• WeldingSuppliesFromIOC: A separate branded website for welding supplies operated by Indiana Oxygen

Products and services

• Specialty Gases Specialty gases including lecture bottles to 6,000 psi cylinders, EPA gases, calibration gases, and laboratory gases, supplied via automated specialty gas fill plant with 1-gram blending tolerance.
• Industrial Gas Industrial gases including Oxygen, Acetylene, Nitrogen, Helium, Argon, Carbon Dioxide, Hydrogen, and various specialty blends supplied through local distribution network.
• Medical Gases Medical gases for nursing homes, hospitals, college labs, and smaller healthcare operations, with automated precision blending and rigorous quality control.
• Bulk Gas Delivery and System Design Custom bulk gas system design, installation, and supply with tube trailers ranging from 45,000 ft3 to 250,000 ft3 capacity and turnkey installation services.
• MicroBulk Systems MicroBulk storage systems for high-volume cylinder users, featuring telemetry for automatic reorder, portability for fork-lift movement, and storage capacities of 450L to 3,000L.
• Propane Supply Propane supply ranging from 20-lb tanks to 10,000-gallon industrial tanks, with temporary heating capabilities and bulk delivery vehicles.
• Welding Products Welding equipment, consumables, and filler materials from Miller, Lincoln Electric, ESAB, and Hypertherm, ranging from hobbyist equipment to automated robotic welding solutions and plasma cutting systems.
• Safety Gear Workplace safety equipment including hard hats, gloves, eye protection, ear protection, Hi-Viz vests, and other related safety products.
• Robotic and Laser System Design Robotic welding solution design and installation plus laser gas system design and supply, including bulk or high-pressure tanks, consumables, mirrors, nozzles, cabling, and assist gases.

Quantifiable outcome

• Automated filling precision to 1 gram tolerance for blended gases
• +4 more outcomes

Named customers4 records

Segments12 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• Miller (Miller Electric)coreChannel Partner/ Reseller/ DistributorIndiana Oxygen is a preferred distributor for Miller welding and cutting equipment. Stocks the industry's top welding power sources and plasma systems.
• Lincoln ElectriccoreChannel Partner/ Reseller/ DistributorPreferred distributor for Lincoln Electric welding equipment and consumables.
• ESABcoreChannel Partner/ Reseller/ DistributorPreferred distributor for ESAB welding and cutting equipment.
• HyperthermcoreChannel Partner/ Reseller/ DistributorPreferred distributor for Hypertherm plasma cutting systems.
• Robotic Welding ManufacturerscoreTechnology or IntegrationWorks with leading robotic welding manufacturers to develop solutions around customer parts. Installs bulk storage, MicroBulk systems, and provides local gas distribution for robotic welding operations.

Scale indicators6 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Airgas: Airgas, now an Air Liquide subsidiary, is the largest U.S. industrial gas and welding supply distributor with multi-regional branch density, bulk delivery, and welding hard-goods distribution analogous to Indiana Oxygen's regional branch model.
• Norco: Norco is a regional industrial gas and welding supply distributor serving the U.S. West/Mountain region with bulk delivery, MicroBulk, and welding equipment offerings that closely mirror Indiana Oxygen's diversified product portfolio.
• MATHESON: MATHESON, the U.S. operating arm of Nippon Sanso, is a direct industrial and specialty gas distributor with comparable bulk delivery, MicroBulk, and specialty gas blending capabilities competing for the same manufacturer and healthcare customer base as Indiana Oxygen.
• nexAir: nexAir is a regional industrial, medical, and specialty gas distributor in the U.S. Southeast/Midwest with comparable bulk and cylinder delivery, welding supply, and one-stop-shop model directly overlapping with Indiana Oxygen's offerings.
• Roberts Oxygen: Roberts Oxygen is a regional industrial and medical gas distributor on the U.S. East Coast with comparable product mix (industrial gases, medical gases, specialty gases, welding supplies) and branch-based distribution similar to Indiana Oxygen.

Broad incumbents

• Linde plc: Linde plc is a global industrial gas major with large-scale air-separation plants and bulk gas distribution networks that supply the same industrial, medical, and specialty gas categories served by Indiana Oxygen's regional operation.
• Air Products and Chemicals: Air Products is a global industrial gas and chemicals producer with on-site, bulk, and merchant gas supply operations overlapping with Indiana Oxygen's medical, specialty, and industrial gas end-markets.
• Air Liquide: Air Liquide is a global industrial gas major producing and distributing oxygen, nitrogen, argon, hydrogen, and specialty gases through pipeline, on-site, bulk, and cylinder supply, competing indirectly with Indiana Oxygen in regional bulk and cylinder contracts.
• Messer Americas: Messer Americas is the U.S. arm of the Messer Group, a privately-held global industrial gas producer and distributor with bulk, cylinder, and specialty gas capabilities that compete with Indiana Oxygen's regional gas and welding supply business.

Others

• W.W. Grainger: W.W. Grainger is a broad-line industrial distribution company selling MRO and welding safety products through branch and online channels, adjacently competitive with Indiana Oxygen's welding equipment, safety gear, and industrial supply offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/indianaoxygen
• Facebookfacebook.com/indianaoxygencompany

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Indiana Oxygen Company