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Walmart Puerto Rico Orders Organic Fertilizer From Converted Organics (COIN)
Converted Organics just announced that its Caribbean distributor, has received an order for its organic fertilizer from Walmart of Puerto Rico. Quantities were not specified, but the produects ordered were Converted Organics’ Lawn & Turf™ 8-1-4, Flower & Garden™ 4-1-8 and Indoor & Container™ 4-1-8 organic fertilizer products.
In a press release, Edward J. Gildea, President of Converted Organics, commented on the news:
“As an island ecology, Puerto Rico is sensitive to the use of petrochemicals. Puerto Rico and the Caribbean represent important markets for Converted Organics because they are tropical environments with steady demand throughout the year. We welcome Walmart’s order and, in addition to the retail market, Converted Organics looks forward to supplying the golf course and agriculture markets on the island, as well as potentially throughout the Caribbean.”
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