Thermadyne Holdings Corp.

• Public
• US

Dow Jones Description

We are a leading global designer and manufacturer of cutting and welding products, including equipment, accessories and consumables. Our products are used by manufacturing, construction and foundry operations to cut, join and reinforce steel, aluminum and other metals. Common applications for our products include shipbuilding, railcar manufacturing, offshore oil and gas rig construction, fabrication, and the repair and maintenance of manufacturing equipment and facilities. Welding and cutting products are critical to the operations of most businesses that fabricate metal, and we have well established and widely recognized brands. We were incorporated in Delaware in 1987. Our shares are traded on The OTC Bulletin Board, and as of March 1, 2005, we had an equity market capitalization of approximately $190.9 million (based on a closing share price of $14.34 and 13.3 million shares outstanding). Reorganization and Basis of Presentation On May 23, 2003 (the ?Effective Date?), we consummated our plan of reorganization under Chapter 11 of the United States Bankruptcy Code (the ?Bankruptcy Code?) and completed a comprehensive financial restructuring (the ?Restructuring?). We have accounted for the Restructuring using the principles of ?fresh-start? accounting as required by the American Institute of Certified Public Accountants? Statement of Position No. 90-7, entitled ?Financial Reporting by Entities in Reorganization under the Bankruptcy Code? (?SOP 90-7?).

Number of Employees 2,600

Contact Information

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