Mirimichi Green Express Raises $505,000 in Debt Offering

8/2/18

By Chris Roush, NC BIZ News

A manufacturer of liquid fertilizers and sustainable pesticides aimed at making the world more environmentally sustainable has raised $505,000 in a private debt offering, according to a filing Wednesday with the Securities and Exchange Commission.

Mirimichi Green Express LLC raised the money from six investors, according to the filing.

The Castle Hayne, North Carolina-based company was created after entertainer Justin Timberlake became the owner of what is now Mirimichi golf course in Memphis, Tennessee.

The name Mirimichi was chosen for its Native American meaning: “place of happy retreat.” A renovation in 2009 resulted in an award-winning eco-golf course featuring a 7,400-yard golf course that was the first in the United States to receive official Audubon Classic Sanctuary Certification in recognition of its environmental sustainability.

In 2013, Mirimichi Green was formed to handle manufacturing, sales, and distribution of the Mirimichi Green product line. The company is headquartered just outside Wilmington, North Carolina.

The company offers programs for landscapers, developers, educational institutions, golf courses, government agencies, parks and recreation departments, equine farms, corporate sustainability initiatives and others.

The chief executive officer is Russ Britton. He formerly ran Eco Express LLC, an erosion control and ground stabilization contracting company, which was founded in 2003.

Mirimichi Green has 30 employees.

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