MNGA today: MagneGas Selected for Two Major Hotel Construction Projects in Florida
April 20, 2016
MagneGas2® Selected by Sub-contractor for Use in Two Hotel Construction Projects in Clearwater Beach, Florida
TAMPA, Florida, April 20, 2016 /PRNewswire/ --
MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a leading energy and technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, today announced that its cutting fuel is being used by Sub-Contractor Suwannee Iron Works & Fence for the construction of two hotels on Clearwater Beach, Florida. Both hotels are nationally recognized names and will involve major steel construction.
Steel fabrication contractor and current Magnegas2® customer, Suwannee Iron Works & Fence, was brought in to help with the steel construction portion of these projects. They specifically demanded MagneGas2® fuel for its unique properties including cut speed and safety. MagneGas2® will be used to prepare the steel for installation.
"We are pleased to have been selected as the fuel of choice for these important projects. Our customer requested MagneGas® fuel primarily due to the speed of its cut, which means increased productivity, less grinding and steel work. Suwannee Iron Works & Fence has been a long time customer and we are grateful to be part of these projects. This customer continues to come back to us for MagneGas® fuel for their critical projects." commented Ermanno Santilli, CEO of MagneGas Corporation.
