Magnum completes acquisition of large tire landfill in
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