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Chart Industries Acquires L.A. Turbine

Chart Industries acquired L.A. Turbine for US$80mm, a global leader in turboexpanders from design to assembly and testing process, with significant in-house engineering expertise. It is one of the only turboexpander companies that can design and produce very specialized expanders required for hydrogen and helium liquefaction; one of the longest lead time items in the hydrogen and helium liquefaction supply chain due to a limited number of companies. With this capability in house, Chart can further differentiate in liquefaction.

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