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Air Products to spend $70 Million to expand in Maryland Heights Missouri.

Air Products to spend $70 Million to expand in Maryland Heights Missouri.

June 18, 2024 Craig Etkin

Maryland Heights, Missouri — According to state and local development sources, Air Products plans to invest $70,000,000.00 to build out new space in Maryland Heights. The company plans to occupy the new space at 11444 Lackland Rd in Maryland Heights, on or about December 1, 2025. According to the company website Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the worlds largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally. The Company had fiscal 2023 sales of $12.6 billion from operations in approximately 50 countries and has a current market capitalization of about $65 billion. Approximately 23,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine whats possible to address the challenges facing customers, communities, and the world.

To learn more about Air Products, visit http://membranesolutions.com/

Company Contact:
Melissa Schaeffer, Chief Financial Officer
https://www.linkedin.com/in/melissa-schaeffer-0109168/
314-995-3300

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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