Reno—Itronics Inc. reports that full year Gold’n Gro liquid fertilizer revenue increased only 2 percent for the year ending Dec. 31, 2011, due to weather and harvest conditions. Itronics cited unusually cool, wet weather through June, while in the fourth quarter a very late harvest in the California market was followed by unusually cold dry winter weather. 2011 fertilizer revenue was $2.11 million, up from 2010’s $2.07 million, while fourth-quarter revenues were down at $238,089 from the year-ago $320,643. The company said plans are being implemented to expand sales into Hawaii and Idaho in 2012, with plans also underway to develop markets in Arizona and Washington. Fertilizer continues to represent the bulk of Itronics revenues as total revenues were $2.84 million for 2011, compared to the year-ago $2.55 million.
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