Published by Todd Bush on March 28, 2024
ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, celebrates the grand opening of its “Teddy 2” facility, named as such because it is Chart’s second manufacturing facility in Theodore, Alabama. This plant will manufacture the world’s largest shop-built cryogenic tanks up to 1,700 cubic meter cryogenic storage vessels. The tanks manufactured at this site will be used for propellant storage for the aerospace industry, hydrogen and LNG storage for marine and power, gas by rail, and for many other applications in the sciences and decarbonization industries. The Teddy 2 facility has direct access to waterways and railways, providing customers with lower freight costs and faster transportation to site.
>> In Other News: Chart Industries Announces the Grand Opening of Its Jumbo Cryogenic Tank Manufacturing Facility in Theodore, Alabama
This expansion also contributes significantly to local job creation and economic development efforts for the state of Alabama.
“We’re thrilled to officially expand our presence in Theodore, Alabama with our ability to offer the world’s only shop-built cryogenic tanks of this scale, up to and including 1,700 cubic meters,” said Jill Evanko, CEO and President of Chart Industries. “This expansion further supports our customers through increased capacity and scale as well as lower freight costs and shorter lead times. We look forward to continuing to hire from the strong, skilled workforce in Alabama.”
“Today’s ribbon cutting celebrates a valued and continued partnership in Mobile County and the state of Alabama,” said Alabama Governor, Kay Ivey. “Chart Industries recognizes both the strength of local engineering expertise as well as our advanced manufacturing and workforce capabilities. We’re looking forward to Chart’s expansion in south Alabama, creating nearly 100 new jobs for our region.”
“We are thrilled for Chart Industries' expansion in Theodore,” said Mobile Chamber President and CEO, Bradley Byrne. “With the capacity to fabricate the world's largest shop-built cryogenic tanks, Chart’s Teddy 2 facility brings significant job creation and economic development for Mobile County. Chart's investment not only highlights our skilled workforce, but it positions Mobile as a hub for innovation in aerospace, maritime, and clean energy industries.”
Chart Industries, Inc. is an independent global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling for the Nexus of Clean™ - clean power, clean water, clean food, and clean industrials, regardless of molecule. The company’s unique product and solution portfolio across stationary and rotating equipment is used in every phase of the liquid gas supply chain, including engineering, service and repair and from installation to preventive maintenance and digital monitoring. Chart is a leading provider of technology, equipment and services related to liquefied natural gas, hydrogen, biogas, and CO2 capture amongst other applications. Chart is committed to excellence in environmental, social, and corporate governance (ESG) issues both for its company as well as its customers. With 64 global manufacturing locations and over 50 service centers from the United States to Asia, Australia, India, Europe, and South America, the company maintains accountability and transparency to its team members, suppliers, customers, and communities. To learn more, visit www.chartindustries.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚀 Climeworks Raises USD 162M to Scale Up Technology 🛠️ DNV Advances Skylark to Enable Safe Scaling of CO2 Pipelines for Carbon Capture and Storage 🍁 Canada’s Rising Role in the G...
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Terra CO2 Announces Additional Series B Funding to Scale Sustainable Cement Production
Investment will facilitate the rapid build out of commercial facilities across North America and Europe for Terra’s leading SCM solutions GOLDEN, Colo.--(BUSINESS WIRE)--Terra CO2 (Terra), a leadi...
Bezos-Backed Methane Tracking Satellite is Lost in Space
WASHINGTON - An $88 million satellite backed by billionaire Jeff Bezos that detected oil and gas industry emissions of the powerful greenhouse gas methane has been lost in space, the group that ope...
BHP Inks Charter Contracts With Cosco for Ammonia Dual-fuelled Vessels
SINGAPORE, July 2 (Reuters) - BHP Group has signed contracts with COSCO Shipping for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers, the mining giant said on Wednesday. The two...
Climeworks Raises USD 162M to Scale Up Technology
Key take-aways: Climeworks surpasses USD 1 billion in funding, fueled by strong investor confidence USD 162M raised to further drive best-in-class technology and extend Climeworks Solutions CO₂ r...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.