Taronis Fuels Appoints Ed Fred as Chief Financial Officer
December 28, 2020 at 09:00 am EST
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Taronis Fuels, Inc. announced the appointment of Ed Fred as the company’s new Chief Financial Officer. Mr. Fred has over 35 years of accounting, finance, and capital markets experience, primarily in the aerospace, manufacturing, and consumer goods industries. Mr. Fred began his career within the accounting department at Borden in 1980. In 1981, Mr. Fred began to increasingly focus on international accounting, first with Sterling Drug, and then for more than a decade with Grumman International. At Grumman, Mr. Fred was promoted through progressively greater responsibilities and roles, departing from Grumman as Controller and Director of Finance in 1995. Upon departing Grumman, Mr. Fred was appointed CFO, then CEO of CPI Aerostructures, serving there from 1995 to 2014. After retiring from CPI, Mr. Fred was the CEO of Orion Acquisition Corp, a publicly listed special purpose acquisition vehicle (“SPAC”) from 2014 to 2018.
Taronis Fuels, Inc. is a renewable fuel and power generation company. The Company manufactures and distributes industrial, medical, specialty and beverage gases and associated welding and safety supplies through its subsidiary, MagneGas Welding Supply. The Company operates over 15 retail locations and two gas fill plants. The Companyâs gas fill plants create industrial, medical, specialty and beverage gas products that are distributed to its wholesale and retail customers. The Company also supplies its customers with products ranging from bulk quantities of cryogenic gases to individual packaged gas cylinders. The Company has a diversified customer base in both the wholesale and retail markets. The Company has the expertise, assets and sources of supply necessary to service large, bulk cryogenic gas customers as well as small one-man businesses.
TARONIS FUELS, INC. 
