LOS ANGELES (Sept. 11)—Atlos Rubber Co. is auctioning off all its equipment Oct. 1, after 64 years in the rubber recycling business. President and CEO Robert E. Winters tried for nearly two years to sell the business, "but when you're losing money, it's not easy to sell a business," he said. Winters blamed a number of factors—especially competition from subsidized British Columbian crumb rubber producers—for Atlos' closure. Winters owns the company's 1.78-acre site in East Los Angeles County, and he said he hadn't decided whether he would sell or lease the property. Atlos specialized in using retread buffings, truck tire tread peelings and industrial scrap to make surfacing for athletic fields and equestrian arenas, molded rubber products and asphalt rubber.
Atlos Rubber to auction assets
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