date:Aug 15, 2012
York Plains has agreed to provide $5m of equity financing for a 50% interest in the company. The proceeds will be used to pay down the company's existing line of credit, and fund the general, administrative and working capital expenditures required to support its growth objectives.
York Plains has also agreed to provide up to $15m in equipment financing for the roll out of the company's new service program.
Totally Green's ORCA Green Machine processes up to 2,400 pounds of food waste daily, turn