Norco, Inc. welcomes growth as it expands with latest acquisition
BOISE, IDAHO
Norco, Inc., a
welding, safety and medical supply company headquartered out of Boise, Idaho,
has announced the acquisition of the respiratory and medical supply business of
MedNow, a joint venture between Walgreens Infusion and Respiratory Services and
the St. Alphonsus Health System. The infusion business of the joint venture is
not affected by this transaction and will continue to conduct business as
usual.
“This is a great move
for health care in the TreasureValley,” said Ned Pontious, President of Norco, “A locally-owned
company serving the great hospitals and residents of this community helps to
strengthen a local, continued partnership in the valley.”
"Norco is a respected
and important health care partner and is very well suited to continue
serving our patients with this new venture," said Sally
Jeffcoat, President and CEO of Saint Alphonsus Health System. "We believe
that with the joining of Norco
and MedNow our mission to provide superior quality health care to our
communities will be further enhanced."
“This will enable Norco to better compete with the eight other providers of
oxygen and medical equipment providers in the Boise,
Nampa, and Ontario,
Oregon areas. Although some of
these competitors are large, national providers, Norco will continue to offer broad scale
service with a local flair,” said Pontious. “Norco’s medical slogan,
‘Hey…Life Just Got Started,’ characterizes its commitment to provide
patients with improved respiratory health, comfort, and mobility with oxygen
therapy in institutions and at home; increased health, comfortable sleep with a
variety of special products; and greater mobility and physical comfort with
wheelchairs and scooters,” Pontious added.
Headquartered out of
Boise, Norco is
the nation’s largest privately owned welding, safety, medical and gas supplier,
currently operating over 50 branches in Idaho,
Montana, Oregon,
Nevada, Washington,
Utah, and Wyoming.
Norco began in Boise in 1948 as the welding supply division
of the Nordling Auto Parts Company. In 1968 Norco was purchased by Larry Kissler, which
at the time had 15 employees and two locations.
For more information
about this acquisition, please contact Chad Mendenhall at 208-336-1643 or email at
chadm@norco-inc.com.
