Chart Industries acquires Harsco Air-X-Changers

Chart Industries, Inc. (Chart) completed the previously announced acquisition of Harsco Corporation’s Industrial Air-X-Changers business (Air-X-Changers).

Effective immediately, Chart will report in four segments: (i) Distribution & Storage East (D&S East) (ii) Distribution & Storage West (D&S West), (iii) Energy & Chemicals Cryogenics (E&C Cryogenics) and (iv) Energy & Chemicals FinFans (E&C FinFans). E&C FinFans will focus on our unique and broad product offering and capabilities in air cooled heat exchangers and fans. This segment will be comprised of the Hudson Products businesses, Air-X-Changers, and Chart Cooler Services.

“I am excited to complete the Air-X-Changers acquisition on schedule, which provides strong backlog for the second half of 2019, immediate margin accretion to us, and a strong team,” said Jill Evanko, Chart’s CEO. “Eric Clower, who has demonstrated consistent profitable growth as the General Manager for Air-X-Changers over the past 8 years, will continue to build our E&C FinFans business as the segment President, effective immediately. In addition, Kari Hendrix will be our Vice President of Finance for E&C FinFans, supporting Eric with her 22 years of experience in the business. We welcome all of the Harsco AXC team to the Chart family.”

Previous articleSimple casing heat exchangers used for water heating
Next articleFeatured Story – Longitudinally welded tubes: ideal for heat exchangers
Heat Exchanger World is a leading international magazine covering all aspects of the product supply chain of heat exchangers. Heat Exchanger World is part of the KCI Group of Companies. We are a leading knowledge, communication and information company connecting business-to-business professionals by building and sustaining global communities, solving their information needs and helping them to develop their professional life and friendships.