CNNMoney.com
Companies Economy International Corrections Pre-market trading After-hours trading Winners/losers/actives Bonds Currencies Commodities Money Magazine Retirement Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Calculators Mortgage Rates Personal tech Big Tech blog Techland blog Sectors and stocks Fortune 500 techs Tech Talk 100 best places to launch Ultimate resource guide Small biz makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management Rankings Main Create portfolio Edit portfolio Create Alerts Edit Alerts
Greasing the Wheels
By Ian Mount

(FORTUNE Small Business) – In the 18 months since we wrote about Matt Dilling, the founder of Brooklyn's Lite Brite Neon Studio, he has doubled his company's workspace and annual revenue--to 4,000 square feet and $600,000. He's also saving $75 a month on gas. Last July, Dilling drove his 1979 Mercedes diesel up to Yestermorrow Design/Build School in Warren, Vt., where he converted his company car to run on used vegetable oil. By driving his staff and clients using free oil from a nearby burger joint (and Neon customer) called Schnack, Dilling has already managed to recoup his $850 engine-conversion cost. Dilling is not alone: Companies that convert cars and sell DIY conversion kits for diesels, such as Greasecar, Greasel Conversions, and Green Grease Monkey, have seen sales soar along with fuel prices. In New York, Dilling has a wide choice of suppliers--and octanes. "Supposedly the best oil is the canola oil from Indian food," he says. "Maybe it gives an extra afterburn."

© 2008 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. All Times are ET.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Hemscott.
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.