Harvest Power Acquires Coastal Supply

WALTHAM, Mass.–(BUSINESS WIRE)–Harvest Power, a leader in producing renewable energy, soil and mulch
products from organic materials, today announced it has acquired 100% of
Coastal Supply Company, Inc, a Delaware-based soil and mulch
manufacturer. The transaction integrates Coastal Supply’s leadership
position in garden products manufacturing and distribution into
Harvest’s existing operations, allowing the combined companies to
deliver superior products and performance to customers.

“Harvest is transforming North America’s relationship with organic
materials, and we’re proud to join that effort”

“This acquisition is an integral part of Harvest’s commitment to
continue expanding our organics operating system,” said Paul Sellew, CEO
of Harvest Power. “Coastal Supply has the leadership, relationships and
customer service skills to help us deliver on our vision and have an
immediate positive impact on our business.”

Coastal Supply operates a robust, award-winning network of manufacturing
facilities for bagged soils, mulches and stone that sells to customers
such as Lowe’s and The Home Depot. Each year its products and services
support over one million gardens throughout 14 states. Harvest harnesses
the full energy, carbon and nutrient potential of organic materials to
produce renewable energy and high-quality organic soil and mulch
products. Together, Harvest and Coastal Supply will deliver products and
services to more communities, building stronger systems of organics
recycling, energy generation and soil revitalization.

“Harvest is transforming North America’s relationship with organic
materials, and we’re proud to join that effort,” said Coastal Supply
Co-President Joe Kollock. Joe Kollock and Steve Liffers will continue to
lead Coastal Supply as Co-Presidents. Building upon the trusted and
popular Garden Pro product line, Coastal Supply will be renamed Harvest
Garden Pro, LLC.

About Harvest Power

Harvest enables communities to produce low-cost renewable energy and
high-value products from organic materials. The company harnesses the
full potential of organic materials by recycling energy and nutrients
through its renewable energy facilities and its production of
nutrient-rich soils, mulches and fertilizers. Harvest owns and operates
North American facilities in British Columbia, Ontario, California and
throughout the Mid-Atlantic states, and has grown rapidly since its
founding in 2008. The company was named to the Cleantech 100 (Top Global
Cleantech companies), designated “Emerging Company of the Year” by the
New England Clean Energy Council and received an SBANE 2011 New England
Innovation Award.