23.05.2024 15:37:07 - dpa-AFX: Air Products To Significantly Expand Manufacturing And Logistics Center In Maryland Heights

WASHINGTON (dpa-AFX) - Air Products (APD) said it will invest more than $70
million to expand manufacturing and logistics center in Maryland Heights, near
St. Louis, Missouri. The company said the investment is driven by growing
product demand in biogas and hydrogen recovery applications, as well as customer
needs for the use of nitrogen for the aerospace industry and cleaner fuels for
the marine industry.

The new facility is expected to be in production by the end of 2025 and include
the addition of 30 positions. The expansion follows a previous $10 million
investment made in 2023 to increase production capacity.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
AIR PROD. CHEM. DL 1 854912 Xetra 257,700 17.06.24 09:06:20 -4,700 -1,79% 255,100 256,800 257,700 262,400

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