Tire Recycling Company Looks to Build Plant in Indiana

A California tire recycling company has taken a step toward building a plant in Whiteland, Indiana.

Dennis Capozzi, Whiteland’s town manager, said that the city has been in some type of discussion with United Carbon for about one year. The company is looking to build a carbon black plant in the town.

The project, Capozzi notes, is estimated to cost around $200 million. When fully operational the facility will be able to take in around 6,200 scrap tires a day.

The company, based in California, has been in discussion with the city about the possibility of issuing tax free bonds to help in the preliminary work on the project.

Meanwhile, the company has yet to apply for a permit from the state of Indiana.

According to local press reports the city is seriously considering working on putting forward some bond financing, although the city stated that it is not interested in “being on the hook or be financially responsible for any debt the company would have.

Capozzi says that he and the city attorney are going to be performing research on the project, and expect to report back to the Economic Council at its next meeting, slated to be Feb. 10.