Praxair, Inc., a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN), has initiated construction on a project to double production capacity at its Mims, Florida air separation plant. The expansion is in response to the rapidly growing demand from contracted customers in the space launch sector as well as in the healthcare, manufacturing, food processing and water treatment sectors in the area. The project is expected to be completed by the end of 2019.
This investment further strengthens Praxairs supply reliability in the region, said Todd Lawson, East Region vice president of Praxairs U.S. industrial gas business. Furthermore, the increased production capacity of our merchant atmospheric gases will enable us to better support our customers growth and efficiencies in the Central Florida region.
Praxair, Inc., a wholly-owned subsidiary of Linde plc, is a leading industrial gas company in North and South America and one of the largest worldwide. With market capitalization of approximately $40 billion and 2017 sales of $11 billion, the company employs over 26,000 people globally and has been named to the Dow Jones World Sustainability Index for 16 consecutive years. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Our products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. For more information about the company, please visit our website at www.praxair.com.
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