Corporate Report: July 6

Michigan recycler RJ Torching inks MagneGas fuel agreement
Tampa's MagneGas Corp. reached an agreement to supply RJ Torching Inc. recycling facilities in Flint, Mich., with MagneGas fuel for metal cutting.

MagneGas Corp. also plans to install a 150kW unit onsite to produce MagneGas and supply RJ Torching and the surrounding area with the metal-cutting gas.

“The ability to cut metal quickly, cleanly and in an environmentally friendly way is crucial to the success of our business,” Jason Roughton, president of RJ Torching, says in a press release. “After extensive testing, we determined MagneGas exceeded our expectations with its superior metal cutting properties, reduced secondary smoke while also increasing our savings on operating costs.”