Ecore International, a global leader in circularity, transforming reclaimed rubber materials into innovative, high-performance products that drive sustainability and reduce environmental impact, announced the acquisition of HTI Recycling, a leading tire collection, recycling, reuse, and crumb rubber manufacturer. The acquisition, which includes HTI subsidiaries Edge Rubber Recycling and D&G Heavy Equipment Leasing, brings together family-run businesses with a shared vision: delivering high-quality products and services that support a move toward a more circular economy.
Based in Lancaster, Pennsylvania, Ecore offers innovative surface products and waste solutions that deliver high performance while making a major impact on sustainability, safety, and personal wellbeing. With millions of tons of rubber waste in the world, Ecore is leading the way in upcycling rubber, including through its pathbreaking TRUcircularity鈩� program. TRUcircularity provides Ecore customers the opportunity to reclaim their end-of-life rubber, which Ecore then transforms into new, high-performance surfaces with a zero-waste outcome.
Based in Lockport, New York, HTI has deep roots in circularity that trace back to founder Derek Martin鈥檚 early work reclaiming and recycling used Guinness barrels. Together with his son, Carl E. Martin, Derek built HTI into a leader in tire recycling across the Northeast, known for its innovation and reliability.
鈥淭his acquisition is a meaningful step in Ecore鈥檚 strategy to rid the world of rubber waste by strengthening our supply chain and expanding our scale. We are constantly evaluating opportunities to build on our core strategy of circularity and this acquisition helps to carry this forward,鈥� said Art Dodge, CEO of Ecore. 鈥淟ike Ecore, Derek Martin and the HTI team have established an impressive record of accomplishment of service and quality at all stages of the recycling process, which we have seen first-hand throughout our years of partnership. We are excited to welcome HTI to the Ecore team as we work together for a more sustainable future.鈥�
鈥淗TI has long been an excellent partner for Ecore鈥檚 materials business,鈥� said Kal Krishan, President of Ecore鈥檚 Materials Business Unit. 鈥淭his acquisition will further bolster our supply chain and build on existing capabilities to deliver for our customers.鈥� As part of this acquisition, Ecore welcomes 81 new employees to the team. Together, Ecore and HTI will drive innovation in materials science and transportation and bring materials back to life for the good of our environment, communities, and businesses.