Chart Industries Acquires Worthington Industries’ Cryogenic Trailer and Hydrogen Trailer Business
Chart Industries acquired Theodore, Alabama cryogenic trailer and hydrogen trailer (transport) assets of Worthington Industries. This acquisition includes ownership of the Theodore, Alabama manufacturing site, located near Port of Mobile, all trailer-related intellectual property, manufacturing capabilities, equipment and repair backlog. This acquisition will produce strong synergies by combining Chart’s deep knowledge of cryogenics and liquid hydrogen storage and handling with the Theodore operation’s expertise and experience in the packaging and assembly of liquid hydrogen trailers. The addition of the trailer business to Chart’s hydrogen equipment and solution offering expands our mobile equipment to larger sized transports and brings another location already certified by significant hydrogen customers. Read more about the acquisition here and cryogenics here, and learn more about hydrogen at Chart Industries here.