MagneGas Corporation Moves Operations Hub To Tampa, Florida
According to company officials, the building contains more space to demonstrate the MagneGas technology to potential customers, thereby enhancing the customer experience. In addition, the additional space will allow for Company expansion and includes a larger area for research and development.
"The entire MagneGas team is extremely excited regarding our new headquarters. This new location will provide impressive space to demonstrate MagneGas while allowing room for growth and a sufficient area for research and development. Now that we are finally occupying our new location, we will be bringing three gas production units online over the next ninety days, doubling our current capacity. These units will operate in several shifts, which will allow us to finally meet existing demand and expand our business. Also, we will be holding a grand opening and customer appreciation day on June 15th at 10AM, and further information will be provided soon." Stated Ermanno Santilli, CEO of MagneGas.
The Company’s patented process converts various liquid wastes into hydrogen based fuels that can be used as a replacement to natural gas or for metal cutting. The Company currently sells MagneGas into the metal working market as a replacement to acetylene."
The MagneGas fuel production systems can be set-up locally using various types of feedstock. The Company believes this flexibility can give them an advantage in the Government/Military marketplace as fuels can be manufactured on site from raw materials found locally worldwide and eliminates the time and expense of shipping to the specific military theater. The company is planning to establish joint ventures with third parties to construct these supply facilities worldwide. In addition, the firm sells equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets.
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