Tirex contracts `in the works´ after TCS-1 demonstrations

MONTREAL (June 16)—Several international deals are "in the works" for tire recycler Tirex Corp. after the company demonstrated its patented TCS-1 cryogenic tire grinding system to representatives of several foreign governments and business entities, according to Tirex President John L. Threshie. The company won´t publicize specifics of the deals "until we have signed documents," Threshie said, although he did say Tirex signed a memorandum of understanding recently with an outfit in China.