Cleveland-headquartered Chart Industries says that its distribution and storage unit is again expanding its manufacturing capacity for liquefied natural gas equipment, “to meet growing LNG infrastructure demand in North America.”
Chart says it plans to invest approximately $23 million to acquire property and build a new facility adjacent to its existing facility in New Prague, Minn. The new facility is to be ready to fill customer orders by the second quarter of 2013.
“After recently adding to our capacity with a new facility in Owatonna, Minnesota, we are again expanding to meet demand,” Chart D&S president Tom Carey said in a release.
‘Substantial LNG Infrastructure Build-Out’
“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,” Carey said.
“This new capacity will help us meet the significant LNG customer demand we are experiencing today and expect to continue as the marketplace takes advantage of abundant supplies of clean burning natural gas in North America.”
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