Renaissance Capital logo

Gas storage equipment maker Chart Industries files for IPO

April 13, 2006

Chart Industries, a manufacturer of equipment used in the production, storage and end-use of hydrocarbon and industrial gases, registered for an initial public offering Thursday morning. For 2005, the Garfield Heights, OH-based company posted an operating margin of 4.4% on sales of $403 million. Morgan Stanley, Lehman Brothers and UBS Investment Bank will underwrite the deal. Terms and timing have yet to be announced.