Allan Gerlat, News Editor

August 17, 2012

1 Min Read
Food Waste Processor Totally Green Merges with Investment Firm

Composter and organics processor Totally Green Inc. has merged with an investment firm to gain financing and marketing support.

The Columbus, Ga.-based company said in a news release that Toronto-based York Plains Investment Corp. is taking a 50-percent interest in Totally Green. York Plains will provide $5 million of equity financing for the food waste processing company and up to $15 million in equipment financing for Totally Green’s new service program.

In addition to the funding, the principals of York Plains bring to Totally Green extensive experience in financing and building similar businesses.

Totally Green said it will use the financing proceeds to pay down its existing line of credit, and fund the general, administrative and working capital expenditures needed for the company’s growth.   

Totally Green's ORCA Green Machine digests up to 2,400 pounds of food waste daily, turning it into a nutrient-rich liquid. The ORCA provides commercial kitchens and food processing facilities with an economical and environmentally-friendly alternative to landfill disposal. The company also makes compostable packaging,


About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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