- Associated Press - Saturday, February 6, 2016

ALBANY, Ore. (AP) - The maker of a product that could reduce water demand in farming is establishing its headquarters in Albany.

The Albany Democrat-Herald reports (http://bit.ly/20gxDtC) TryEco is ending three years of operations in Portland in favor of a 15,000-sqaure-foot space, where it should be up and running in the summer.

President Steve Jennings says the company plans to invest $1 to $2 million at the leased facility. TryEco’s biodegradable product coats seeds or the seedling roots of trees to absorb water and slowly release it for plant use.

Absorbent Technologies formerly occupied the building and made a soil additive and fertilizer that absorbed water. The company began bankruptcy proceedings amid debts between $15 million and $20 million.

Jennings says he expects to start with six employees, with plans to grow to 20.


Information from: Albany Democrat-Herald, http://www.dhonline.com



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