Magnum completes acquisition of large tire landfill in Colorado

Magnum D’Or Res-ources, Inc. (MDOR), a rubber recycling solutions company, announced that the Hudson, Colorado tire landfill is now 100 percent owned by MDOR and will be operated by Magnum Recycling USA. The closing was held in August and Magnum took ownership of all assets associated with the facility.

Magnum’s President and CEO Joseph Glusic stated, “This is a great day for Magnum and the State of Colorado. We plan on making this site a state of the art facility that should be a model for the rest of the country, if not the world, to demonstrate the ability to recycle waste products into useful and viable products that actually enhance people’s lives. I am extremely excited about this acquisition which now guarantees the raw supply needs for our company for the foreseeable future.”

Magnum’s new Hudson, Colorado facility is approximately 50 miles northeast of Denver, Colorado. The facility consists of 120 high grade commercially zoned land, buildings, equipment, and inventory in excess of 30,000,000+ tires.

The facility is one of the largest tire landfills in the world and is situated close to major infrastructure and rail. Its central location is extremely well situated to accept and supply all of Magnum’s current and future facility operations.