Thursday, 9 July 2015

LB Construction Completes MagneGas Roll-Out, Endorses Product - 09/07/2015

LB Construction Completes MagneGas Roll-Out, Endorses Product

MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that LB Construction, Inc. of California has completed its assessment of MagneGas and has implemented the use of the fuel for metal cutting for current and future products.

LB Construction was previously announced as a confidential major construction company from California that had placed its first order.  Since that time, they have completed implementation of the product and have formally endorsed MagneGas publicly.   

LB Construction has been operating for over twenty years in three states with projects in steel, drywall and carpentry.  They selected MagneGas® for their metal cutting due to the quality of the cut and the fuel's reduced environmental impacts.  MagneGas anticipates that additional orders will be placed in the coming weeks for multiple construction projects. 

"After our first demo, we noticed immediately that MagneGas could provide us with a significant increase in speed and a reduction in time to treat a cut due to how clean it is.  We were able to double our cutting speed on our track table. We are currently using MagneGas for shop fabrication and field cutting. We are excited about the renewable components and added safety MagneGas brings to our production," stated Vance Lancaster, Vice-President of LB Construction. 

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