Liberty Tire Recycling, based in Pittsburgh, has acquired High Tread International, giving the company a position in the New York and Ontario markets.
In announcing the acquisition, Liberty Tire notes that the new facility, located in Lockport, N.Y., complements the company’s previously acquired assets in the Buffalo area. In addition to the Lockport facility, Liberty Tire has been working with High Tread on the design and construction of a new facility in Brantford, Ontario.
“We’re always looking for smart, strategic ways to expand our recycling capabilities and product array. The acquisition of high-quality operations like High Tread International is an important component of our growth,” says Jeffrey Kendall, chairman and CEO of Liberty Tire Recycling. “The team at High Tread is well known in the industry for manufacturing high-quality recycled rubber. We’re certain this acquisition will position Liberty Tire as the premier recycled rubber producer and service provider throughout Ontario and New York.”
Brantford will be the consolidation point for all of Liberty Tire’s activities in Ontario. The site includes a 210,000-square-foot building that will house all collection operations. The facility is expected to be operational later this year.
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