MagneGas Corporation, the clean technology company in the renewable resources and environmental solutions industries, has announced that it has appointed Jack Armstrong as President of MagneGas welding supply, LLC.
This new entity will hold all current and future assets related to the company’s gas and welding supply retail business including Equipment Sales and Services, Inc. (E.S.S.I).
Armstrong has been employed by MagneGas since 2012 as Executive Vice-President of Industrial Gas Sales. In this capacity, Armstrong has nearly doubled sales of MagneGas’ subsidiary E.S.S.I since 2015, opened four new retail locations and expanded the company’s distribution network across the country. Prior to joining MagneGas, Armstrong worked in various positions in capital markets as a licensed broker and banker with significant experience in mergers and acquisitions.
MagneGas has developed a strategy to grow revenues through organic growth and accretive acquisitions of other welding gas supply companies.
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