Organic fertilizer producer expands again

Boston-Converted Organics Inc. has announced further expansion into organic fertilizers with acquisition of a leading liquid fertilizer product line and its state-of-the-art production facility, along with proprietary technology for producing liquid and solid fertilizer from biodegradable wastes. Company officials said they have acquired United Organic Products LLC of Gonzales, Calif., and the assets including the intellectual property of Waste Recovery Industries LLC of Paso Robles, Calif., making Converted Organics the exclusive owner of the high temperature liquid composting (HTLC) system. “These acquisitions catapult us into a leadership position within the organic fertilizer industry and facilitates our immediate entry into the liquid fertilizer market,” said President Edward Gildea. He described HTLC as microbial digestion technology that will become an integral part of the organic fertilizer business, and said in addition the acquisition provides a strong West Coast agribusiness customer base with established distribution channels. United Organic Products employees will be joining Converted Organics, and its chief executive, Peter Townsley, will become executive vice president and chief technological officer overseeing California operations, as well as product and process improvement and development.