Air Products Membrane Solutions Announces Over $70 Million Investment to Expand Missouri Manufacturing and Logistics Center
Air Products and Chemicals, Inc. (APD)
Last air products and chemicals, inc. earnings: 4/23 06:00 am
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Source: PR Newswire
Expansion Driven by Growing Interest in Energy Transition Technologies in the Biogas, Aerospace and Marine Industries LEHIGH VALLEY, Pa., May 23, 2024 /PRNewswire/ -- Air Products (NYSE:APD), the global leader in the production of gas separation and purification membranes, today announced it will invest more than $70 million to significantly expand its manufacturing and logistics center in Maryland Heights, near St. Louis, Missouri.The investment, which is Air Products Membrane Solutions' largest ever, 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."We are excited to announce this investment to significantly expand the footprint and production capacity of our St. Louis manufacturing and logistics center. This expansion shows our commitment to continue to be a leader in the energy transition by creating innovative products for a safer
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News
- Air Products and Chemicals, Inc. (NYSE: APD) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
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- Global Gas Separation Membrane Industry Research 2024-2034: Nanotechnology and Polymeric Materials Revolutionizing the Market, Cleaner Energy and Regulatory Compliance Trends Gaining Prominence [Yahoo! Finance]Yahoo! Finance
- Air Products and Chemicals, Inc. (NYSE: APD) had its price target raised by analysts at Bank of America Co. from $275.00 to $312.00. They now have a "buy" rating on the stock.MarketBeat
APD
Earnings
- 4/30/24 - Beat
APD
Sec Filings
- 5/31/24 - Form SD
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- APD's page on the SEC website