The plant has been vacant since late 1994, when it was closed due to financial and environmental concerns. Landstar will pay SWACO $6-million and pay $5 per ton on tires delivered to the facility. The company is dedicated to the development of a new rubber recycling industry based on devulcanization technology held under exclusive North American license by the company. Landstar will initially focus on increasing its capacity to produce fine powder vulcanized rubber.
The current major crumb rubber markets are: Asphalt Rubber, Molded Goods, Sports Surface, and Tire Manufacture.
The company states that while traditionally the rubber recycling industry has been fragmented, Landstar has sought to grow its business. The company early last year acquired control of PolyTek Rubber & Recycling, the largest crumb rubber producer in the world.
The Columbus facility is intended to be the flagship of the new regional "Rubber Recycling Refinery" facilities. The company will relocate its Dayton Pilot Plant and research facility to Columbus. T
Landstar Rubber hopes to begin production at the facility by the second quarter of next year. When at full capacity the facility expects to take in 10 million tires a year.
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