N-Viro International Corp. (NVIC.OB) Announces Five-Year Extension on Altamonte Springs Contract
Yesterday, environmental technology company N-Viro International Corporation announced that it has extended its agreement with the City of Altamonte Springs, Florida for an additional five years. The contract extension represents approximately $1.8 million of revenue over the next five years. A long-term N-Viro customer, Altamonte Springs has been working with the company’s wholly owned subsidiary, Florida N-Viro, for over 10 years. Altamonte Springs represents about 10% of the revenue brought in from Volusia County, and this extension ensures that Florida N-Viro will continue to process all of Altamonte Springs' biosolids into a Class AA beneficial reuse product. CEO and President…