LYNNFIELD, Mass. (Sept. 14)—Tire recycler GreenMan Technologies Inc. placed #41 on "Boston Business Journal's" annual list of the 100 fastest-growing Boston-area companies.
The magazine based its rankings on corporate revenue growth between fiscal years 2001 and 2003, according to a GreenMan news release.
GreenMan lost $336,000 in its third fiscal quarter of 2004, but this was 65 percent less than the $971,000 it lost in the third quarter of 2003, and company officials said they expect to be back in the black by fiscal 2005, which begins Oct. 1 for GreenMan.