William Morgan
Wayne, IL (USA)
Role(s):
Founder/Owner/Principal
Morganics
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Startup
Location:
Wayne
Industry:
Agriculture
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
Morganics is an integrated, organic waste conversion service that uses proven, modern technology to convert conventional organic waste streams into monetized commodities in the Chicago-land area. The process we use produces net renewable energy, biochar (an organic fertilizer by-product) and reduces the greenhouse effect. Sources of income include hauling, tipping fees, energy and sales of organic fertilizers. Morganics is unique in green companies in that the company is profitable without grants, concessions or subsidies. Morganics can profitably bid on organic waste streams that are currently deposited into landfills. Morganics has entered into negotiations with the top waste handlers in the region to receive their organic waste streams at a cost below the current landfill deposit rate, and is now ready to build our facility.