CORMO USA INC
Cormo AG was founded by inventor Stefan Grass in Switzerland in 2015. A pilot production plant based in Alsace, France, went into operation in 2016. This pilot plant turns cornfield waste into a 100% sustainable peat moss substitute (TEFA) and foam products (BABS). With a significantly larger corn production volume in the United States (as well as significantly larger demand for sustainable products), Cormo AG has incorporated Cormo USA Inc. in a joint venture partnership with Sustainable Projects Group Inc. Sustainable Projects Group Inc. holds 35% of the outstanding capital of Cormo USA Inc.
Learn About Cormo USA
May 2019 – Rushville Indiana Selected as First Production Site
March 2019 – Site Search Begins
November 2018 – Incorporation of Cormo USA Inc.
In the News
Cormo USA Selects a Production Site
Cormo USA Inc., which utilizes technology to turn cornfield waste into sustainable products, announced plans Monday to establish operations in Rushville, creating up to 250 new, high-wage jobs by the end of 2023. “Indiana’s economy is increasingly global, and we are excited to welcome yet another international company to the Hoosier state,” Governor Eric J. Holcomb said. Click here to read the full press release
Radio Interview on WBAA
Cormo USA’s President of the Board, Stefan Muehlbauer, interviewed on WBAA radio as Cormo announces the selection of Indiana for the first production site. “We currently import all of the products that we use in the peat moss industry, and those can be replaced easily by the available corn in the United States,” says Muehlbauer. “Using just 19 percent of the corn harvest waste in the United States, we can go from a 100 percent importer to a 100 percent exporter.” Click here to listen to the interview