Chart Industries Inc. says its Distribution & Storage Group (Chart D&S) is expanding manufacturing capacity for liquefied natural gas (LNG) equipment, investing $23 million to acquire property and build a new facility adjacent to its existing plant in New Prague, Minn.
‘We continue to see clear signs of a substantial LNG infrastructure build-out in North America, and we are committed to serve this rapid growth for equipment for applications such as LNG fueling stations, transportation and remote power generation,’ says Tom Carey, president of Chart D&S.
‘This new capacity will help us meet the significant LNG customer demand we are experiencing today and expect to continue,’ he adds.
Chart expects that the new facility will be operational by the second quarter of 2013.
