Tire recyclers get $3 million financial boost
The California Integrated Waste Management Board awarded
loans to Golden By-Products of Merced County and Bulldog
Rubber and Recycling of San Diego County to help expand
their businesses and create 19 new jobs recycling waste
The tire equipment loan program is designed to help tire
recyclers purchase new or updated equipment, enabling
them to improve their recycling processes and increase
the number of waste tires they recycle into new, premium-value
tire-derived products. It is anticipated that almost
1.8 million tires will be diverted away from California
landfills annually as a result of these two loans.
Golden By-Products expects to divert an additional 7,500
tons of waste tires annually, while Bulldog Rubber and
Recycling will find new uses for 13,000 tons of waste
California generates an estimated 44 million waste tires
per year. Approximately 32 million waste tires (or 73
percent) are diverted through reuse or new products while
the remaining 12 million (about 27 percent) are sent
Funding for the loan program comes from the Tire Recycling
Management Fund for the 2009/10 fiscal year. The tire
funds come from the $1.75 recycling fee levied on each
new tire sold in California. The board receives $1.00
of each $1.75 fee, and a portion of the revenue pays
for tire grant programs. The remainder is used for tire-related
air quality programs by the California Air Resources
Board. The Tire Recycling Fund is administered by the
board and can only be used for tire program purposes.
Golden By-Products, Inc. dba Scrap Tire Company will
use proceeds of a $1 million loan to expand its tire
processing business and purchase upgraded equipment,
including a second granulator to improve the overall
efficiency and output of the existing tire shredding
The new equipment will allow the company to expand its
waste tire processing capacity to handle an additional
7,500 tons per year of waste tires.
Golden By-Products processes and shreds waste tires into
tire-derived aggregate; material for civil engineering
applications; ground rubber for loose fill applications;
and crumb rubber for use in rubberized athletic turf,
rubberized asphalt, and molded rubber products.
Bulldog Marketing, LLC dba Bulldog Rubber and Recycling
will use its $2 million loan proceeds to purchase equipment
for its new tire recycling facility in Vista.
The loan will finance a tire shredding system, processing
equipment and vehicles such as trucks and forklifts.
This equipment will enable the business to recycle, shred
and convert whole tires into buffing and crumb rubber.
These tire products can be used in landscaping applications,
playgrounds, asphalt overlays, and sports fields.
Bulldog projects it will hire at least 19 employees and
will divert 13,000 tons of waste tires per year.