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Article: Converted Organics Inc. Acquires United Organic Products and Waste Recovery Industries.
- Article from:
- Business Wire
- Article date:
- January 25, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Unique Technology, State-of-the-Art Manufacturing Facility, Strong Customer Base Enhance Existing Operations and Growth Capabilities
BOSTON -- Converted Organics Inc. (NASDAQ:COIN) announced today that the company has acquired the assets of United Organic Products, LLC of Gonzales, CA, as well as the assets, including the intellectual property, of Waste Recovery Industries, LLC of Paso Robles, CA. These acquisitions make Converted Organics the exclusive owner of the proprietary technology and process known as the High Temperature Liquid Composting (HTLC) system, which processes various biodegradable waste products into liquid and solid organic-based fertilizer and ...