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Re: RobbyB post# 75295

Tuesday, 02/23/2010 9:04:40 AM

Tuesday, February 23, 2010 9:04:40 AM

Post# of 648989
COIN expected to increase sales by 75% by 2nd quarter of 2010

Converted Organics Gears Up for Increase in Food Waste Processing at Woodbridge Plant
Posted on: Mon, 22 Feb 2010 22:39:30 EST

http://www.tradingmarkets.com/news/stock-alert/coinu_converted-organics-gears-up-for-increase-in-food-waste-processing-at-woodbridge-plant-795474.html

Symbols: COINU
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Feb 23, 2010 (Close-Up Media via COMTEX) --
Converted Organics Inc. said that the Company has ordered additional manufacturing equipment and is conducting new tests designed to enhance its ability to process food waste into high-quality organic fertilizer at its Woodbridge, New Jersey manufacturing facility.

Converted Organics currently processes approximately 100 tons of food waste per week at the Woodbridge plant, and expects to process approximately 175 tons per week by the end of the first quarter of this year, the Company noted in a release.

"Converted Organics is constantly examining ways to maximize production of our organic fertilizers to meet market demand, and the installation of new manufacturing equipment is an important step towards meeting that goal," said Robert Bayliss, Vice President of Manufacturing for Converted Organics. "Our outstanding network of leading hauling partners, including Waste Management of New Jersey, IESI Corp., Premier Food Waste Recycling and Filco Carting Corp., provides an ongoing and reliable supply of high-quality food waste, which enables Converted Organics to focus on enhancing product through-put and production."

((Comments on this story may be sent to health@closeupmedia.com))

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