Chart Industries to acquire the cryogenic trailer and hydrogen trailer business of Worthington Industries for $10.7m.

Chart Industries, a global manufacturer of equipment used in the production, storage, and end-use of hydrocarbon and industrial gases, agreed to acquire the cryogenic trailer and hydrogen trailer business of Worthington Industries, a global diversified metals manufacturing company, for $10.7m. "Owning this strategically located site near the Port of Mobile will grow our manufacturing capacity for Chart’s LNG products including tender cars for locomotive fueling and onboard storage tanks for marine fueling applications and expand our repair, service and leasing footprint (plenty of products to roll into this site (pun intended!)). In particular, we will be able to provide expanded options for our North, Latin and Central American customers, including shorter lead-times of our ISO containers for LNG built in our Changzhou, China facility and stored onsite in Alabama," Jill Evanko, Chart CEO & President.