Chart Industries, Inc. (GTLS, Financial) (GTLS - $28.98 - NASDAQ) is a manufacturer of critical components used in the downstream production of liquified natural gas (LNG) and other industrial gases and chemicals. The company completed its acquisition program which diversified its product portfolio, extended its geographic reach and is now focused on improving returns while paying down debt. Although large LNG projects make the headlines and drive the needle, there are many smaller projects that will contribute to growth. The ability to meet increasing power needs with lower carbon footprint is driving strong demand from new industrial facilities and emerging markets. GTLS also benefitted from being a new addition to the portfolio.
From Keeley Asset Management's Small-Mid Cap Value Fund first-quarter 2020 shareholder commentary.
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