The Leading Journal for the Tyre Recycling Sector

The Leading Journal for the Tyre Recycling Sector

CRM to Expand in Stockton

Newport Beach based CRM Rubber is to expand its operations at its Stockton, California warehouse by developing a full tyre recycling operation at the facility. The plant may eventually employ around 20 staff.

Tax Exemption Helps CRM Rubber Start Plant

CRM Rubber claim that a $286,000 sales tax exemption encouraged them to develop the plant.

“We had been considering an additional tyre recycling plant in Northern California for some time and the promise of a sales tax exemption was important in that decision,” said Brian Wong, CRM Rubber’s chief financial officer.

“We are hoping to acquire some equipment and turn it into a fully-functioning crumb rubber manufacturing facility. It’s a lengthy process. It’s not just about buying custom-made granulators from Denmark, but we have to upgrade the electricity, do some foundation work and there is a lot of technical work that has to be done,” Wong said.

“We are investing in the future. We believe California is going to be a major recycling capital,” Wong said.