TRNF - Taronis Fuels adds ~$2M in sales with expansion of wholesale gas operations across Northern California
Taronis Fuels (TRNF) has expanded its existing wholesale industrial gas operations into the Northern California market, adding ~$2M annually in highly profitable industrial gas sales, representing a 25% increase in sales for this business segment.In late August, the company expanded this business into the Houston market, adding $1M in new sales.The company will launch its newest operations, serving the Sacramento, San Jose, San Francisco and Oakland markets on October 1,2020 “As a credit to our highly experienced team, we are able to launch an entirely new market with very limited capital expenditures, and a very limited number of additions to payroll. As a result, much of the gross income from this growth can immediately impact overall profitability, enabling the Company to quickly self-fund further growth elsewhere within our overall business model. I believe that when we look back in 12 months, and again in 24 months, this business model will
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Taronis Fuels adds ~$2M in sales with expansion of wholesale gas operations across Northern California