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piece of steel being cut by welding torch Photo source: Taronis Fuels, Inc.

A subsidiary of Technology Credit Union of San Jose, Calif., announced Wednesday it has closed on a $10 million line of credit to an Arizona company that makes a welding gas safer to use and cleaner to produce than traditional gases.

The asset-based revolving line of credit is one of the largest provided to date by Tech Capital LLC, a CUSO founded in 2015 and a wholly-owned subsidiary of Tech CU ($3.5 billion in assets, 131,977 members).

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Jim DuPlessis

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