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Balance Sheet Cash Flow Statement 7A Commercial Wharf West Boston, MA 02110 MA Tel. 617-624-0111 Fax 617-624-0333 |
Type: Public
On the web:
http://www.convertedorganics.com
Employees:
39
Employee growth: 178.6%
Converted Organics is not a group of new and fervent farmers but a company that is religiously developing a process to turn food into fertilizer. The company uses organic food waste as raw material to make all-natural soil amendment products -- that is, fertilizers -- that combine both disease suppression and nutrition characteristics. Converted Organics' manufacturing process uses heat and bacteria to transform food waste into a high value natural fertilizer. That process is used at the company's two manufacturing facilities, one in New Jersey and the other in California. It sells its environmentally friendly products in the agribusiness, turf management, and retail markets.
Key numbers for fiscal year ending December, 2008:
Sales: $1.5M
Net income: ($16.2)M
Officers:
Chairman, President, and CEO: Edward J. (Ed) Gildea
EVP Administration and CFO: Agricultural Chemicals
Competitors:
The Mosaic Company
Terra Industries
Yara North America
