Converted Organics Inc., a producer of all-natural, organic soil fertilizer products through food waste recycling, announced on August 13 that it will build its third U.S. organic soil amendment and fertilizer manufacturing facility.
The Rhode Island Industrial Facilities Corporation gave initial approval to the company's Revenue Bond Financing Application for up to $15 million for the construction of the new Converted Organics facility in Johnston, R.I.
"We are extremely pleased to have begun the process that we believe will enable Converted Organics to develop our third state-of-the-art manufacturing facility in two years," said Edward J. Gildea, President of Converted Organics. "The Johnston, Rhode Island plant will play an integral role in helping us meet demand from our agribusiness, municipal, retail and turf management customers for our all-natural organic fertilizers. Upon completion of this plant, Converted Organics three plants will be permitted to process up to 850 tons of food waste per day."
Commenting on the 'green' of the operation, Rhode Island Governor Donald L. Carcieri pointed to the labor impact. "Green businesses create new 'green collar' jobs, as well as solid opportunities to connect existing small and local businesses to the emerging market opportunities, meeting the demand for green goods and services."
Converted Organics began operations at its organic soil amendment and fertilizer processing facility in Woodbridge, N.J. in June. The company is also currently expanding capacity its manufacturing plant in Gonzales, Calif. which was acquired in January of this year.