Parallel Products
Renewable Energy • 
Louisville, Kentucky, United States • 51-100 Employees
Company overview
| Headquarters | 401 Industry Rd, Suite 100, Louisville, Kentucky 40208, US |
| Phone number | +18008839100 |
| Website | |
| SIC | 738 |
| Keywords | Sustainability, Environmental, Recycling, Green Initiatives, Brand Protection Services, Ethanol Recovery, Transportation/Shipment Of Unsaleables, Waste Beverage |
| Founded | 1987 |
| Employees | 51-100 |
| Socials |
Key Contacts at Parallel Products
Matt Russell
Regional Director Of Operations, Ny & Fl
Ed Stewart
Director Of Sales
Parallel Products Email Formats
Parallel Products uses 5 email formats. The most common is {first initial}{last name} (e.g., jdoe@parallelproducts.com), used 62% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial}{last name} | jdoe@parallelproducts.com | 66% |
{first name}{last name} | johndoe@parallelproducts.com | 24% |
{first name}.{last name} | john.doe@parallelproducts.com | 6% |
{first initial} | j@parallelproducts.com | 2% |
About Parallel Products
We are North America’s leader in unsaleable beverage destruction and recycling. Our goal to recover and reuse the absolute maximum amount of resources from the products and wastes we receive. Because of our ethanol recovery and plastics sorting operations, we have set the bar for recovery/reuse in our industry. - 13 million cases of distressed or out-of-date beverage products a year - 120 million pounds of plastics - 4 million pounds of aluminum - 70 million pounds of glass - 7 million pounds of other packaging materials - Recover/manufacture 5.5 million gallon of waste-derived ethanol Parallel Products is unique in the marketplace for two reasons. Firstly, our liquid recycling programs in Louisville, KY & Ontario, CA. convert beverage wastes (soda, juice, beer, wine, spirits etc) into waste-derived fuel grade ethanol. The ethanol is utilized by major oil companies as a clean air additive in their gasoline blends. Materials that would otherwise be unusable wastes now contribute to the production of 51 million gallons of gasoline without the negative effects of food offsets and increased groundwater contamination. Secondly, our application of high speed optical sorting, grinding, and separating technologies in order to add value to bottle bill redemption plastics in the Northeast insures higher quality and higher usage of redeemed plastic, glass and aluminum containers. Annually we are adding value to over 30 million pounds of plastics for our customers.
Parallel Products revenue & valuation
| Annual revenue | $6,700,000 |
| Revenue per employee | $75,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Renewable Energy industry and current estimated revenues | $21,500,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 51-100
Seniority
Employees
Employees by Department
Parallel Products has 36 employees across 7 departments.
Departments
Number of employees
Funding Data
Parallel Products has never raised funding before.
Parallel Products Tech Stack
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