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GreenMan Technologies Inc. (GMTI.OB) is Focused on Doing Green Business

QualityStocks (August 29th, 2008) Writes:

With corporate headquarters in Savage, Minnesota, GreenMan Technologies, Inc., and their subsidiaries collect, process, and market scrap tires in whole, shredded, or granular form in the United States and Canada. Trading on the OTCBB as part of the Rubber and Plastics industry, GreenMan has a market capitalization of $7.41 million. Founded in 1992, the company markets their products via a direct sales force.

GreenMan Technologies collects and recycles millions of tires each year for many applications. The recycled and reprocessed tires find use as efficient alternative fuels in large industrial boilers. They also find use as a substitute for crushed stone in civil engineering applications such as roadbeds, landfill construction, and septic field construction. In addition, tires are recycled as crumb rubber for playground and sports surfaces, for rubberized asphalt, and for landscaping applications. This crumb rubber is also for public walkways, equestrian arenas, and for other molded rubber products.

The company

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