Worthington Industries has acquired an 80% equity interest in dHybrid Systems, a compressed natural gas (CNG) fuel systems provider.
“The acquisition of dHybrid gives us the opportunity to increase our participation in the fast growing CNG fuel market and enhance the value of our supply chain offering,” said Andrew Billman, president of the Worthington Industries Pressure Cylinders business. “We expect the combination of dHydrid’s innovative system designs and Worthington’s commercial and manufacturing capabilities to help drive significant growth for this portion of our alternative fuel platform. As a result, we are also analyzing the expansion of our composite cylinder manufacturing capacity, including the potential to integrate this new capacity within the fuel systems operation.” Billman added, “We expect this approach to increase operational efficiencies and reduce customer lead times.”
Based in Salt Lake City, Utah, dHybrid Systems operates in a recently completed 50,000 sq. ft. facility with 28 employees. The main markets for its fuel systems are refuse and heavy duty trucks.
dHybrid’s system designs allow for faster fill receptacles with synchronized filling and lower weight per gallon systems. The systems feature symmetrical design and commonality of components, making installation quicker and replacement parts more interchangeable. The configurations include back of cab, top of body, side rail, combo, canopy-on top of the vehicle and bus systems.
