Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

GreenHouse Holdings (GRHU.OB) Inks Agreements with Tequilerias to Reduce Waste, Increase Revenue

GreenHouse Holdings Inc.’s wholly owned subsidiary GreenHouse Soluciones today announced it has entered into agreements with ten tequila distilleries in an overall effort to help the distilleries become more energy efficient and environmentally sustainable.

Small and mid-sized Tequilerias contribute approximately 50 percent of all Tequila produced in Mexico. These companies often don’t have the necessary resources to properly dispose of waste, which as a result is dumped into local streams and city dumps.

California-based GreenHouse Holdings designs, engineers and installs disparate products. The agreements with the Tequilerias call for GreenHouse to remove significant amounts of waste for the distilleries each day. The company said it expects to achieve more than $8 million in revenues in 2011 from the agreements, roughly $1.7 million annually from each of the ten customers.

“We are working with the environmental agencies in Mexico who monitor how waste is treated so that the smaller Tequila producers can properly compost and/or dispose of their waste,” Alex Viecco, director of Operations for Greenhouse Soluciones stated in the press release. “These tequila companies came to us for a solution to the waste problem and we will work with them on managing these issues so that they can be environmentally efficient while maximizing their revenue.”

GreenHouse will remove approximately 600 tons of solid agave waste per day from its initial ten Tequila customers. The company also has plans to convert the waste to compost, which it will then sell as fertilizer to local farmers to protect the soil of the region. Through this recycling method, GreenHouse said it estimates it will be able to produce approximately 120,000 tons of compost fertilizer per year, generating approximately $6.5 million in additional revenues.

For more information visit:

Please see disclaimer on QualityStocks website: