MagneGas Corporation Moves Operations Hub To Tampa, Florida
04/07/2016
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.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024