Material price increases and labor shortages are not stopping PDC Machines from achieving exceptional growth in the hydrogen space. Despite seeing material costs inflate by as much as 85%, the Philadelphia-based firm is still expecting to double its revenue this year, and then double that again in 2023.
Founded in 1977, PDC has traditionally been serving the industrial gas, research, and chemical processing sectors globally, but in more recent years the company has found its technologies and expertise at the heart of the growing renewable energies, such as hydrogen, in strong demand too.
When gasworld visited PDC’s headquarters earlier this year, the team was told that greater than 80% of its business is now focused on hydrogen, a huge growth for the company. Compressors and hydrogen refueling stations are where this demand is coming from, as Kareem Afzal, CEO of PDC Machines, told gasworld.
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