Holtec Gas Systems, an advanced manufacturer and certified designer of advanced nitrogen generators, recently announced expansion plans to invest $3 million to purchase and update a 50,000 sq. ft. facility in St. Charles, Missouri.
“The Missouri business community has been resilient during this pandemic,” said Missouri Governor Mike Parson. “Holtec Gas Systems is a great example of the hard-working businesses, which are skillfully navigating the challenges of COVID-19. The Holtec expansion is a good sign that Missouri’s economy is recovering and will come out of this even stronger than before.”
Holtec worked with the Missouri Department of Economic Development’s International Trade and Investment Office to strengthen their international marketing strategy. Their expansion into a new facility will give them greater opportunities to fulfill international orders and requests.
“This investment will provide much needed space for growth, improved efficiency and expand our capabilities to manufacture larger nitrogen generators,” said Thorstein Holt, President of Holtec Gas Systems. “This expansion will not only benefit our customers, but it shows our commitment to our employees and will give them a secure workplace for another 20+ years.”
Holtec offers a wide range of standard and custom nitrogen generators based on advanced membrane and Pressure Swing Adsorption (PSA) technologies for both domestic and international markets.
“Advanced manufacturing is alive and well in St. Charles County and we are pleased the City of St. Charles has been selected by Holtec Gas Systems for their expanded production and international export facility,” said Scott J. Drachnik, President and CEO of the Economic Development Center of St. Charles County. “Here’s to the next 20 years of their business success.”