(MENAFN- ProactiveInvestors - N.America) MagneGas Corporation (NASDAQ:MNGA) the liquid-waste-to-fuel conversion specialist officially moved into its new company headquarters this week.
The new facility covers 18000 square feet and is located within an industrial area outside of Tampa Florida with closer proximity to existing and potential customers and within easy access to major highways MagneGas said.
The building contains more space to demonstrate the MagneGas technology to potential customers. 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' said Ermanno Santilli chief executive officer of MagneGas.
'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' Santilli added.
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